# Sting Demo Day 2023.

## January 17, 2023

### General News

> The time we had at [Sting](https://www.linkedin.com/company/stingsthlm/) has laid the foundation of what is to come from [Silo Team](https://www.linkedin.com/company/silo-team/) and our mission of bringing tech teams closer together. Having the exposure to hundreds of investors and potential clients has absolutely drowned my inbox after demo day, and that is a testament that Sting is the hub for Startups in the Nordics. Thank you [Sting](https://www.linkedin.com/company/stingsthlm/) for your support, your confidence, and your belief in our vision.

— Ida Stjernström, CCO at Silo Team

Read more on [LinkedIn](https://www.linkedin.com/search/results/content/?fromMember=%5B%22ACoAABXN784BCaNxOtYWXltUg2rPKFpi2kQ_r4I%22%5D&heroEntityKey=urn%3Ali%3Afsd_profile%3AACoAABXN784BCaNxOtYWXltUg2rPKFpi2kQ_r4I&keywords=ida%20stjernstr%C3%B6m&position=0&searchId=768f6bc8-151d-4fcf-841f-d5caa0d120b8&sid=%3Ae1&update=urn%3Ali%3Aactivity%3A7021812218744745985%2CBLENDED_SEARCH_FEED%2CEMPTY%2CDEFAULT%2Cfalse).

# More Reading

## [Interview with Rasmus Stjernström, CEO of Silo Team and AIBC SIGMA 2024 Winner (Image 1)](/content/blog-posts/interview-with-rasmus-stjernstrom-ceo-of-silo-team-and-aibc-sigma-2024-winner/index.html)

## [Silo Team is honoured to be named AIBC Europe Startup Pitch Champion!](/content/blog-posts/silo-team-named-aibc-europe-startup-pitch-champion-2024/index.html)

## [Silo Team Joins the AWS DevTools Spotlight Program.](/content/blog-posts/silo-team-joins-the-aws-devtools-spotlight-program/index.html)

## [Silo Team Recognised in Hatcher+ Top 100 Global Startups for June 2024.](/content/blog-posts/silo-team-makes-hatcher-top-100-list/index.html)

## [Announcing Our First Head of Product: Christopher Akande.](/content/blog-posts/head-of-product-christopher-akande/index.html)

## [Silo Team Raises $1.16 Million USD in Pre-Seed Funding.](/content/blog-posts/silo-team-raises-1-16-million-usd-in-pre-seed-funding/index.html)

## [Silo Team is teaming up with FDB UK to bring tech teams closer together.](/content/blog-posts/silo-team-teaming-up-with-fdb-uk/index.html)

## [Silo Team reached the Top 20 of 1118 at #Slush100. Judges were Northzone and General Catalyst.](/content/blog-posts/top-20-of-1118-at-slush100/index.html)

## [Ida Stjernström, co-founder of Silo Team, has advanced to the Global Top 10 in the She Loves Tech competition.](/content/blog-posts/silo-teams-ida-stjernstrom-advances-to-global-top-10-in-singapore/index.html)

## [Silo Team Secures Spot in Slush 50 with Top Scores from General Catalyst and Lightspeed! 🎉](/content/blog-posts/silo-team-advances-to-top-50-of-slush-100/index.html)

## [Silo Team accepted into Slush 100 🚀](/content/blog-posts/silo-team-accepted-into-slush-100/index.html)

## [Congratulations to Ida Stjernström, the winner of the 2023 She Loves Tech Nordics.](/content/blog-posts/ida-stjernstrom-winner-of-2023-she-loves-tech-nordics/index.html)

## [Ida Stjernström, co-founder of Silo Team, named a finalist in the She Loves Tech 2023 Nordic Competition.](/content/blog-posts/silo-team-x-she-loves-tech/index.html)

## [Silo Team accepted into Web Summit ALPHA.](/content/blog-posts/silo-team-x-web-summit-alpha/index.html)

## [Silo Team nominated as Best Newcomer 2023 in the Nordic Startup Awards.](/content/blog-posts/2023-nordic-startup-awards/index.html)

## [Silo Team joins the AWS Founders Club in London.](/content/blog-posts/silo-team-joins-the-aws-founders-club-in-london/index.html)

## [Breaking down knowledge silos in dev teams.](/content/blog-posts/breaking-down-knowledge-silos-in-dev-teams/index.html)

## [Developer Offboarding Checklist.](/content/blog-posts/developer-offboarding-checklist/index.html)

## [Silo Team featured in Sifted as one of the SaaS tools helping companies save money in 2023.](/content/blog-posts/silo-team-featured-in-sifted/index.html)

## [Sting Demo Day 2023.](/content/blog-posts/sting-demo-day-2023-silo-team/index.html)

## [Silo Team receives a growth loan from Almi Företagspartner AB & Propel Capital.](/content/blog-posts/silo-team-almi/index.html)

## [Silo Team accepted into Sting Accelerate.](/content/blog-posts/silo-team-accepted-into-sting-accelerate-2022/index.html)

## [Forward's Funding Lab interview with Rasmus Stjernström in London.](/content/blog-posts/forwards-funding-lab-interview-with-rasmus-stjernstrom/index.html)

We are on a mission to bring **teams** closer together

12%  
of employees think their employer does a great job of onboarding new employees

[Gallup](https://www.gallup.com/workplace/235121/why-onboarding-experience-key-retention.aspx#:~:text=Gallup%20finds%20that%20only%2012,great%20job%20onboarding%20new%20employees.)

51%  
of employees say they’d go “above and beyond” if they were given a good induction and onboarding

[Hays](https://www.hays.com.au/press-releases/HAYS_1896743)

22%  
of companies do not have a formal onboarding process

[Harvard Business Review](https://hbr.org/2022/04/onboarding-can-make-or-break-a-new-hires-experience)

70%  
increase in productivity if a well-structured onboarding program is in place

[Quale](https://www.qualee.com/blog/19-mind-blowing-onboarding-statistics#:~:text=22%25%20of%20companies%20have%20no,program%20have%20better%20assimilation%20rates.)

Companies with great onboarding programs see [2.5% more revenue growth and 1.9%](https://image-src.bcg.com/Images/BCG_From_Capability_to_Profitability_Jul_2012_tcm9-103684.pdf) of the profit margin as against companies with poor onboarding processes. The former also leads to higher productivity levels and faster knowledge acquisition rates.

### Integrations for your workflow

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