Stripes and Insight Partners led a $120m Series C round in Connecteam.

Stripes and Insight Partners, a private equity and venture capital firms, led a $120m Series C round in Connecteam, a management mobile solution company, with participation from Tiger Global, Qumra Capital, and OG Tech. “Connecteam’s rapid growth is facilitated by demand from a new generation of managers who are keen on doing things differently: real-time, trackable, measurable, digital. Managers who are no longer willing to accept the old fashioned ways of running a frontline business. Employees and managers alike crave high quality tools and experiences in their work life. Connecteam is committed to providing those tools - from day-to-day operations, to internal communication and all the way to HR and people management. I strongly believe that any deskless business must have an app to run their operations, and that is why we also offer a fully free tier - so everyone who needs it can use it," Amir Nehemia, Connecteam CEO and Co-Founder.