Mayfield Leads $28M Series B of TeamBridge

Gunderson Dettmer represented client Mayfield in leading the $28 million Series B financing of TeamBridge, a workforce operating system. Built by former Uber product and design leaders, TeamBridge’s workforce OS is a robust AI — capable of replacing individual workplace tools by organizing and automating onboarding, scheduling, communication, time and attendance, reporting, pay, and more. The new capital will be used to accelerate TeamBridge’s product and AI roadmap, enhance client services, and continue to scale its enterprise-grade infrastructure.

In the announcement of the transaction, Mayfield partner Sri Pangulur said, "TeamBridge supercharges businesses with hourly workforces by providing them with the first composable operating system to create customizable workflows to manage and empower this important but neglected demographic of the economy. Businesses are able to optimize their bottom line, and front-line workers are offered more flexibility and income opportunities through TeamBridge’s software. We are thrilled to be leading TeamBridge’s Series B to partner with them to build the operating system of record for the hourly workforce."

The Gunderson Dettmer deal team was led by Mike Allers and included Shawna Reeder, Jenna Finegold, Benjamin Adler and Madeleine Kerr Hyde.

Companies
Mayfield
TeamBridge