Manila, Philippines – October 10, 2024 – Betterteem, an innovative AI-powered platform for employee resignation prediction, has won the regional finals of the Startup World Cup in the Philippines. This exciting victory propels Betterteem into the global competition for the $1 million investment prize, with the potential to transform how companies manage employee retention and reduce turnover costs.
Betterteem’s platform uses cutting-edge artificial intelligence to help businesses predict and mitigate employee resignation risks. By analyzing employee data and identifying key indicators of potential resignations, Betterteem gives employers the insights they need to take proactive steps to retain top talent and prevent disruptions caused by workforce turnover. The platform has already gained recognition across several Southeast Asian markets, making it a go-to solution for companies seeking to improve employee engagement and workforce stability.
“We’re incredibly excited to win the regional finals of the Startup World Cup,” said Bo Discarga, CEO and founder of Betterteem. “This win validates the power of our AI-driven platform in helping businesses reduce employee turnover and enhance retention. We’re eager to bring this solution to a global audience and help even more companies prevent the significant costs of resignation.”
Betterteem’s AI Platform: Transforming Employee Retention
Betterteem’s unique AI platform is designed to help businesses predict which employees are at risk of resigning and provide actionable insights to intervene before it’s too late. This predictive analytics tool allows companies to understand the underlying factors influencing resignation decisions, whether they are related to work culture, compensation, job satisfaction, or other key factors.
By reducing turnover rates and improving employee retention, Betterteem helps companies save on recruitment, training, and the productivity losses associated with high employee churn. With the growing importance of employee satisfaction and retention in today’s competitive job market, Betterteem’s AI-driven solution offers a valuable tool to optimize workforce management and boost business performance.
Expanding Across Southeast Asia: Philippines, Singapore, South Korea, Thailand, and Malaysia
Currently operating in five key markets in Southeast Asia—the Philippines, Singapore, South Korea, Thailand, and Malaysia—Betterteem is already empowering businesses to address the challenge of employee resignation. The platform is rapidly gaining traction among organizations of all sizes, particularly in industries where high turnover is a persistent issue.
As part of the Techstars portfolio, Betterteem has benefited from valuable resources, mentorship, and global networking opportunities, which have enabled the company to refine its platform and expand its market presence.
Next Steps: Competing for the $1 Million Prize at Startup World Cup Global Finals
Betterteem’s victory at the Startup World Cup’s Philippines regional finals is just the beginning. The company now advances to the global finals in San Francisco, where it will compete against top startups from around the world for a $1 million investment. Winning this prize would accelerate Betterteem’s growth, enabling the company to scale its AI platform and expand into new markets, furthering its mission to revolutionize how organizations manage employee turnover and drive employee satisfaction.
To learn more about Betterteem’s AI-driven platform and how it can help your business reduce employee resignation risks, visit www.betterteem.com.
