Teambition is a Shanghai-based startup that offers workplace collaboration software as a service. The article identifies its core product as workplace-collaboration SaaS. It reports that Teambition has closed a Series B investment from Tencent. The article does not provide details on the size of the round, terms, or other participating investors. No operating metrics, revenue, user numbers, founding year, past rounds, or future plans were disclosed in the article. Teambition is a Shanghai-based workplace collaboration platform that integrates tasks, posts, cloud file libraries, and events into a single app available on Android, iOS, Mac, and Windows. The product follows a freemium model and emphasizes mobile-first design to keep teams working on the same linked content without switching apps. The company plans to use new funding to build out its freemium offering, expand sales efforts, diversify the team, hire global talent, and adapt the product to specific industry needs. Teambition reports 500,000 users as of August but declined to comment on revenue or market share. All of its servers are currently based inside mainland China, a factor the company acknowledges could affect international adoption. Leadership includes CEO Junyuan Qi and a recent international hire, Florian Monfort, to head international growth.

Total raised

$12M

Funding rounds

2

Latest round

Series B

Latest activity

Sep 2015