HeyTeam, SAS

HeyTeam is an innovative company that specializes in providing automated onboarding solutions aimed at enhancing employee integration across various sectors including commerce and healthcare. Founded in 2017 in Paris, France, HeyTeam, SAS focuses on streamlining the onboarding experience for organizations. The company is led by CEO Nathaniel Philippe, who co-founded the firm alongside Tony Caron. HeyTeam has successfully secured EUR 5.

1 million during its latest funding round on July 4, 2022, led by 360 Capital, bringing the total amount raised to EUR 5. 1 million with a current company valuation of EUR 27. 726 million. HeyTeam offers a comprehensive onboarding solution designed to streamline and enhance the employee integration process across various industrial sectors, including commerce, healthcare, public sectors, and finance.

The core product features an automated onboarding platform that allows organizations to customize and manage all aspects of the onboarding experience. Key functionalities include digital welcome kits tailored to individual employees, automated generation of employment contracts, and access to essential training resources, facilitating seamless integration into company culture and procedures. This solution caters to a diverse client base, which includes notable companies such as Veolia, and serves end users ranging from new hires to HR professionals. HeyTeam's services are primarily targeted at the European market, where they have established a strong presence through their adaptable and user-friendly platform.

HeyTeam's revenue model is structured primarily around subscription-based services, allowing organizations to access their onboarding platform and tools for a predetermined fee. In the most recent year, HeyTeam reported a revenue of EUR 1,185. 4 mn, alongside an EBITDA loss of EUR 230,399. 1.

Following the successful funding round in July 2022, HeyTeam plans to utilize the EUR 5. 1 million raised to double its workforce in the coming months. The company aims to expand its presence in the European market, focusing on enhancing its product offerings with new features and capabilities designed to improve the onboarding process. Specific new products are being designed to further streamline employee integration, although release dates have not been disclosed.