What does TeamOhana do?
TeamOhana offers an AI-powered platform that integrates headcount management and compensation planning, uniting Finance, HR, Talent, and Hiring teams. The platform connects tools like HRIS, ATS, and finance systems to provide real-time insights, accurate forecasting, and enterprise-grade security.
How much did they raise?
The company secured $7.5M in Seed funding, with the round led by Lerer Hippeau and Collide Capital and additional participation from Sierra Ventures and Recall Capital. This round follows a previous $4M pre-seed raise in October 2022, pushing total funding above $11.5M.
What are their plans for the money?
TeamOhana intends to leverage the funds to scale its Agentic AI technology and launch new products, including recruiter and sales capacity planning tools and innovative ways to manage reorgs, potentially transforming workforce planning.
What have they achieved so far?
The company has already demonstrated significant success by managing approximately $6B in workforce spend across over 30,000 employees, showcasing the effectiveness of its AI-powered platform.
