Rising Team Raises $8M in Series A Funding

Rising Team, a Menlo Park, CA-based team performance platform provider, closed an $8m Series A funding.

The round was led by Zeal Capital Partners alongside previous investors including Peterson Ventures, Roble Ventures, Female Founders Fund, Burst Capital, and Supernode Ventures.

The company intends to use the funds to enhance its team performance platform with AI, hire new team members, and expand its market presence.

Led by CEO and Founder Jennifer Dulski, Rising Team provides a team performance platform whose software enables companies to increase employee engagement and retention, scale talent development, and improve culture and connection. Covering leadership topics that drive high-performing teams, the software equips managers with everything they need to run connecting and interactive team-building sessions, remotely or in-person, without needing an outside facilitator.

Companies, including ​​​​Bank of Hawaii, Yahoo!, DXC, Achieve, and many more, are using it to develop managers and high performing teams.

This summer, Rising Team will introduce aRTi, a conversational AI leadership coach that combines research-based leadership best practices with insights about individual team members gathered from Rising Team sessions. aRTi offers personalized recommendations and scripts, helping managers and their teams provide effective feedback, accommodate working style preferences, show appreciation, and more.