Smart Calendar Tool Clockwise Raises $45M To Help Remote Teams Avoid Burnout Using Ai
01/18/22, 2:00 PM
Money raised
$45 million
Clockwise, a time management and smart calendar tool, has raised $45 million in Series C funding led by Coatue, with participation from Atlassian Ventures and existing investors Accel, Greylock Partners and Bain Capital Ventures. This latest round brings the company’s total amount of funding raised to $76 million. Clockwise uses artificial intelligence to help teams free up their workdays and avoid the challenges associated with remote and hybrid workplaces, such as burnout.
Company Info
Additional Info
Martin says Clockwise differs from other smart calendar platforms because the company is creating a new category it calls “time orchestration,” a modern way to bring schedules together at the organizational level. The company is hiring across all of its departments, with 25 open positions and another 100 openings planned for this year.In terms of the future He says although Clockwise is currently only designed to manage internal meetings, the platform could dramatically improve the broader scheduling experience in the future.“We’re investing in advanced AI and ML models to both create Focus Time and power high-quality meetings,” Martin said. “Clockwise has a lot of exciting new products and enhancements ahead, including bringing this new way of working to the hundreds of millions of people using Microsoft 365.” The company announced its $11 million Series A investment, which was co-led led by Greylock and Accel, in June 2019. Clockwise uses artificial intelligence to help teams free up their workdays and avoid the challenges associated with remote and hybrid workplaces, such as burnout. ”Clockwise will use this latest investment to advance its AI technology and continue to bring its platform to more teams across the globe. “Clockwise is the solution to the modern workday,” Clockwise CEO Matt Martin told TechCrunch in an email.