# News! 🚀

## Silo Team Raises $1.16 Million

### No More Spreadsheets and Confluence Docs 🤯

### Start with a Template or Build Your Own Workflow

### New Devs Automatically Advance in Onboarding Without Manual Intervention

### Syncs with All Your Company’s Knowledge, Such as Docs and Tools

### Automatically Syncs with Your Team’s Calendar

The new age of developer onboarding

[Book a demo](/content/platform/developer-onboarding#/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.