Fortive Corporation Acquires TeamSense
TeamSense is the first business to emerge from a cooperative innovation studio founded by Pioneer Square Labs in Seattle and Fortive in Everett, Washington.
FREMONT, CA: After a prosperous launch as a COVID symptom tracker tool for the hourly workforce on July 1, 2020, TeamSense, the pioneering app-free, text-based human resources tool for hourly workers in the manufacturing space, was acquired on July 7, 2021, by the Fortive Corporation (Fortive). Fortive is a leading provider of critical technologies for connected workflow solutions in a variety of appealing end-markets.
TeamSense is the first startup to emerge from a cooperative innovation studio founded by Pioneer Square Labs in Seattle and Fortive in Everett, Washington. TeamSense joins Fortive companies like Fluke, Textronix, and Industrial Scientific in its over 20 companies.
“At the height of the pandemic, we empowered a small team of manufacturing veterans to quickly develop and scale a brilliant app-free, COVID-19 symptom-tracker for essential hourly workers”, said Kirsten Paust, Vice President, Fortive Business System Office. “Because they knew the factory workers needs so well, it was incredibly successful and evolved into a digital suite of app-free tools. TeamSense now tracks attendance, provides an on-demand ESS portal, and more. At a time in history where 90 percent of workplace tech innovations serve the 20 percent of the workforce that is office-bound, TeamSense is bringing tech to the 80 percent of the workforce who really need it and are overdue for their share.”
“From my days at Whirlpool, and GM, I had firsthand knowledge of the inner workings of a manufacturing operation. It was clear; there is a large opportunity to innovate for the hourly employee ̶ on their terms. Our mission at TeamSense is to support, engage and enable the hourly employee an often-overlooked segment of the workforce with innovation that works for the way they work,” said Sheila Stafford, CEO, and Cofounder, TeamSense. “Now that we are officially part of Fortive, we can be laser focused on delivering on our mission, as opposed to securing our next round of VC investment.”