Teambix is a staff sharing platform, helping you "lend" or share your professional staff team with other companies for extra revenues. The concept matured in mid-2018 in the mind of founder and CEO, Remmone Modisakeng, but owing to the Covid-19 pandemic, the recently relaunched platform is an appearingly novel business model to help companies with excess workforce make extra money.
The concept was birthed in July 2018. We couldn’t raise funding for our previous app concept because our concept was “too risky”, and we didn’t have the required skills to develop it.
In the process of raising seed capital, we met a potential investor who instead of giving us a cash investment, presented some of his company’s projects for us to make some revenues. We got multiple projects from him and his network between 2017 and mid-2018 and to our surprise we made over R1.4m turnover just from the projects, which gave birth to the concept of Teambix.
In July 2018 we started learning how to code in the direction of the platform. By September that year, we onboarded an experienced developer to consult us in heading the right direction. We soft-launched the first version of the Teambix platform in May 2020.
Cash flow, accessing working capital and the expensive nature of top talent are real factors impeding the growth of many startups. Mid-to-large sized enterprises have a challenge of overstaffing and underutilized teams.
So, we help both startups and enterprises. Startups can gain affordable access to top tier talent, while bigger enterprises can “lend” their team to other companies to make extra income.
User: Team
User: Project Owner
Team Ideal User:
Project Owner Ideal User:
We focus on talent under a company structure. This approach opens opportunities to access talent that is supported by a structure as well as possible access to the structure’s network. Our bidding system also allows us to empower the project owner to choose the best team. In contrast, most of our competitors focus on independent freelancers/workers.
Our vision is to unlock every company’s underutilized resources in the whole world.
Seeing that freelancing platforms made a global impact. I believe Teambix could possibly compete on a global scale, helping companies participate in the “gig economy”. As a result, contributing towards the future of work, collaboration and diversification of companies.
The next step is to announce Teambix on every known tech media platforms, also via incubators and investor networks (Looking at investor referrals for all their startup “rejects”).