# HelloTeam

> HelloTeam is a Boston-based HR technology company that builds an all-in-one employee engagement and performance management platform aimed at improving employee retention. Founded in 2016 by Tanya Bakalov, the software combines performance reviews, goals and OKRs, recognition and rewards, surveys, learning, a dynamic org chart, and people analytics into a single system so managers and HR teams can keep employees connected, engaged, and productive.

- **Founded:** 2016
- **Headquarters:** Boston, Massachusetts, United States
- **Founders:** Tanya Bakalov (CEO and Founder)
- **Team size:** ~33 employees
- **Products:** Performance & Goals, Recognition & Rewards, Employee Surveys, Dashboard & Social Intranet, Dynamic Org Chart
- **Notable:** Raised $10M Series A in 2023 led by Grand Oaks Capital, the firm of Paychex founder and billionaire Tom Golisano (who supplied $7M of the round), Maintains a 4.8/5 rating on G2 and 4.7/5 on Capterra, Ranked No. 595 on the Inc. 5000 list of fastest-growing private companies

## Products & services

- **Performance & Goals** — Customizable performance reviews (manager, self, and 360), one-on-ones, and cascading goals/OKRs from company down to individual level, with real-time progress tracking and template libraries.
- **Recognition & Rewards** — Peer and manager recognition, reward points, badges, and milestones to reinforce positive behavior and build belonging.
- **Employee Surveys** — Built-in and custom culture and engagement surveys with sentiment analysis to measure how employees feel over time.
- **Dashboard & Social Intranet** — A central hub and social feed for internal communications, announcements, and company culture.
- **Dynamic Org Chart** — An automatically updated organizational chart capable of visualizing 1,000+ employees based on live employee data.
- **Reports & Analytics** — People analytics and organizational health insights that connect performance and engagement data for leaders.
- **Learning & Development** — Learning content management with customizable courses and training tracking.

## Achievements

- Raised $10M Series A in 2023 led by Grand Oaks Capital, the firm of Paychex founder and billionaire Tom Golisano (who supplied $7M of the round)
- Maintains a 4.8/5 rating on G2 and 4.7/5 on Capterra
- Ranked No. 595 on the Inc. 5000 list of fastest-growing private companies
- Ranked 1st for Results and 2nd for Usability in G2's Employee Engagement indices, and earned 14 G2 badges in Fall 2022
- Founder Tanya Bakalov named to Inc.'s 2025 Female Founders 500 list
- Reported ~375% growth ahead of its Series A

## Latest updates

- **2023-04** — Closed a $10M Series A led by Grand Oaks Capital, the investment firm of Paychex founder Tom Golisano, to expand the platform and tackle the employee retention crisis.
- **2025-01** — Founder Tanya Bakalov recognized on Inc.'s 2025 Female Founders 500 list.

## Links

- Website: https://helloteam.com
- LinkedIn: https://www.linkedin.com/company/helloteaminc
- Twitter/X: https://twitter.com/HelloTeamInc
- Facebook: https://facebook.com/HelloTeamInc/

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Profile page: https://yespress.io/helloteam
Published by YesPress — https://yespress.io
Last updated: 2026-07-20