Workplace Experience Platform Named to MountainWest Capital Network’s 2018 Utah 100 List
SILICON SLOPES, Utah, Nov. 01, 2018 (GLOBE NEWSWIRE) — Teem, a WeWork company and developer of cloud-based meeting solutions and analytics, announced today it was named to the 2018 Utah 100, MountainWest Capital Network (MWCN)’s annual list of the fastest-growing companies. Teem ranked No. 3 out of 100 companies in the state and was honored at the 24th annual Utah 100 Awards program, held at the Grand America Hotel in Salt Lake City.
“At Teem, we feel it’s our responsibility as workplace experience leaders to create new technologies that surface meaningful, real-time data and produce significant results for our customers and community,” said Shaun Ritchie, CEO of Teem. “Our commitment to this mission is the key driver of our growth, and we’re excited to be among the top companies bringing innovation and opportunity to Utah’s economy.”
This honor is a late addition to a year of tremendous growth and success for Teem, as the Utah-based office management startup was acquired by WeWork this past September. The acquisition is a testament to the business and team Teem has built, which has grown exponentially in the recent years, helping companies recognize the reality of a great workplace through employee-focused technology solutions and analytics. In joining WeWork, Teem has found a true partner to support its continued growth and scale.
“Together with Teem, we’re improving the experience of booking and optimizing space for an enterprise’s entire campus,” said Shiva Rajaraman, WeWork’s chief product officer. “We’re thrilled to have Teem as part of the WeWork family and grow our presence in the strong tech hub of Utah.”
Recipients of the Utah 100 were chosen by the percentage of revenue increase of each company between 2013 and 2017.
Teem is a developer of cloud-based meeting tools and workplace analytics helping companies improve workplace experience while optimizing their use of space. Teem’s platform integrates a dynamic suite of tools into the physical and digital workplace, including scheduling tools to help employees book the best places for their work, indoor wayfinding solutions help employees locate available spaces, and Teem visitor management to create secure and welcoming experiences for visitors. Additionally, Teem’s platform offers robust data analytics and actionable insights to improve workplace experiences and improve the use of real estate. Innovative companies like Box, LinkedIn, GE, Boston Consulting Group, Airbnb, and others use Teem to improve employee productivity and facilitate data-driven decision making. Teem was acquired by WeWork in September 2018 to help create better, more productive workplaces for people and enterprises around the globe. For more information on Teem, visit Teem.com.
About MountainWest Capital Network
MountainWest Capital Network (MWCN) is the largest business networking organization in Utah, consisting of entrepreneurs, venture capitalists, consultants, legal professionals, bankers, and educators. MWCN seeks to promote and recognize business growth and capital development in the state through a variety of award programs and activities.
Meredith Klee for Teem