Rising Team Awakens With $8 Million Series A

<p><strong><span class&equals;"legendSpanClass"><span class&equals;"xn-location">MENLO PARK<&sol;span><&sol;span><&sol;strong> &&num;8212&semi; <u>Rising Team<&sol;u>&comma; developer of an industry-leading team performance platform&comma; has completed its Series A funding of <span class&equals;"xn-money">&dollar;8 million<&sol;span>&period; The round was led by Zeal Capital Partners alongside previous investors including Peterson Ventures&comma; Roble Ventures&comma; Female Founders Fund&comma; Burst Capital&comma; and Supernode Ventures&period; This investment allows Rising Team to enhance its team performance platform with AI&comma; hire new team members&comma; and expand its market presence&period;<&sol;p>&NewLine;<p>Rising Team addresses the challenges that leaders in hybrid and distributed workplaces face in building high-trust&comma; high-performing teams&period; As efficiency mandates continue&comma; middle managers are under pressure to &&num;8220&semi;do more with less&&num;8221&semi; and 75&percnt; of them report feeling overwhelmed according to Gartner&period; This makes Rising Team–which equips managers at all levels to improve team effectiveness and strengthen trust and connection–especially critical&period;<&sol;p>&NewLine;<p>Rising Team software enables managers to lead science-backed team development workshops and connection-building exercises that increase trust and improve performance&comma; without an outside facilitator&period; By running these software-guided team sessions&comma; Rising Team customers see significant lifts in employee engagement&comma; psychological safety&comma; eNPS and manager effectiveness&period; This summer&comma; <u>Rising Team will introduce aRTi<&sol;u>&comma; a conversational AI leadership coach that combines research-based leadership best practices with unique insights about individual team members gathered from Rising Team sessions&period; aRTi offers personalized recommendations and scripts&comma; helping managers and their teams provide effective feedback&comma; accommodate working style preferences&comma; show appreciation&comma; and more&period;<&sol;p>&NewLine;<p>&&num;8220&semi;We expect today&&num;8217&semi;s leaders to build engaged&comma; high-performing teams&comma; even in distributed and hybrid workplaces&period; However&comma; while companies regularly measure employee engagement&comma; they often leave managers without tools to help them improve it&comma;&&num;8221&semi; said Jennifer Dulski&comma; Founder &amp&semi; CEO of Rising Team&period; &&num;8220&semi;We&&num;8217&semi;re thrilled to have support from Zeal Capital as we enhance our platform so managers at every level can increase engagement&comma; connection&comma; and performance on their teams&period; Rising Team is helping leaders become more effective by combining deep human connection with intuitive AI capabilities that support every leader and team inside an organization&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Rising Team&&num;8217&semi;s customers range from Fortune 500 technology&comma; manufacturing and financial services companies&comma; to mid-sized companies and scaling startups&comma; to government agencies and schools&period; By running Rising Team sessions&comma; customers achieve&colon;<&sol;p>&NewLine;<ul >&NewLine;<li>90&percnt;&plus; of team members reporting they feel more connected<&sol;li>&NewLine;<li>Up to 60&percnt; higher eNPS scores after completing 4 Rising Team sessions<&sol;li>&NewLine;<li>20-40&percnt; increase in intent to stay<&sol;li>&NewLine;<&sol;ul>&NewLine;<p>&&num;8220&semi;The role of team development tools in today&&num;8217&semi;s workplace is crucial for maintaining culture and profitability&&num;8221&semi; said <span class&equals;"xn-person">Nasir Qadree<&sol;span>&comma; Founder and Managing Partner at Zeal Capital Partners&period; &&num;8220&semi;Our firm is committed to scaling businesses that narrow skills gaps and enhance employee collaboration&comma; and Rising Team is executing this strategy by pioneering advancements in team performance software to empower middle managers and leaders at all levels&period; We have strong conviction in the company&&num;8217&semi;s mission and are excited to invest in Rising Team&&num;8217&semi;s next stage of growth&period;&&num;8221&semi;<&sol;p>&NewLine;