202218 Jan

Clockwise raises $45M to help employees better manage time

Summary

Growing awareness around workplace productivity has fueled a market for time management apps that could be worth $4.55 billion by 2026, according to Fortune Business Insights. Platforms like Woven, ReclaimAI, and Tempo tap AI and automation to optimize workers’ calendars and cut down on wasteful work. Clockwise aims to optimize team schedules to create more time in employees’ days, leveraging AI to reconcile peoples’ various calendars. “We enable a new way of working that genuinely respects people’s time and helps create a healthy, sustainable future of work.” The concept of “focus time” originates from a study scientists conducted at the University of California, Irvine that found workers typically attend to a task for about three minutes before switching to something else. Time will tell whether Clockwise’s solution wins out over rivals, including Microsoft’s MyAnalytics and Google Calendar’s built-in rescheduling tools.

Source: Venturebeat

Funding

$45M
Amount
Jan 18 2022
Date
-
Investor
Clockwise
Company

Classifications

Companies