Betterteem

Betterteem

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DateInvestorsAmountRound
N/A

$15.0k

Seed
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$25.0k

Seed

$20.0k

Seed
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N/A

Early VC
N/A

N/A

Seed
Total FundingAUD92.7k

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Betterteem is an innovative startup that leverages artificial intelligence (AI) to enhance workplace dynamics. The company offers a comprehensive app designed to predict employee attrition (the rate at which employees leave a company), provide well-being support, and boost team engagement. Betterteem primarily serves organizations looking to improve their employee experience, particularly those in sectors with high employee turnover, such as Business Process Outsourcing (BPO) companies.

Operating in the human resources (HR) technology market, Betterteem utilizes data-driven analytics to deliver actionable insights. These insights help people managers understand behavioral patterns within their teams, enabling them to make informed decisions to improve employee satisfaction and retention. The app's predictive capabilities allow managers to foresee potential issues and address them proactively, thereby fostering a more positive and productive work environment.

Betterteem's business model revolves around a subscription-based service. Organizations pay a recurring fee to access the app's features and analytics. This model ensures a steady revenue stream while providing continuous value to clients through regular updates and improvements to the platform.

The company makes money by offering tiered subscription plans, which vary based on the size of the organization and the specific features they need. This flexible pricing strategy allows Betterteem to cater to a wide range of clients, from small businesses to large enterprises.

In summary, Betterteem is a forward-thinking company that uses AI to help organizations improve employee engagement and well-being. By providing actionable insights and predictive analytics, it empowers managers to create better workplace environments, ultimately leading to higher employee satisfaction and lower turnover rates.

Keywords: AI-powered, workplace app, employee attrition, well-being support, team engagement, HR technology, data-driven analytics, subscription model, employee experience, predictive insights.

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