Teaming Nets $1.7M to Help Companies Build Stronger Business Teams

The Nashville-based startup has developed a solution that aims to strengthen the connection between employees, teammates and managers by focusing on shared goals, individual work styles and team wellness

Teaming, a provider of business-team performance management software, announces the general availability of its platform, which has been in beta since February. In related news, Teaming has raised $1.7 million from various angel investors, several of whom invested in Teaming’s founders before.

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Teaming, which was founded by former executives of LeanKit (acquired in 2017 by Plainview), is addressing a problem that plagues even the most successful companies: how to increase an employee’s engagement with their work, teammates and managers.

Numerous studies have shown that team productivity increases when team members feel a sense of shared purpose. For example, Gallup’s 2017 State of the Global Workforce report found that employees who felt a stronger sense of engagement to their companies generated 17% more productivity, 20% higher sales and 21% higher profitability. And yet, most companies struggle with how to increase engagement. A 2019 Deloitte study found that high-performing organizations of the future will operate as empowered networks coordinated through culture, technology and talent. 88% of participants said building the organization of the future is important, but only 11% said they knew how to build it.

“This data is consistent with my own experience,” said Mary Silva Doctor, Executive team consultant, Coach and formerly Principal Consultant at The Table Group, which focuses on organizational health. “When employees feel their personal and professional goals, values and work styles are being considered, they’re more efficient and effective.”

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