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Calendar assistant startup Reclaim.ai raises $4.8M, reports 4K companies using its platform

The unique Reclaim.ai workforce, from left to proper: Ian White, principal software program engineer, co-founder Henry Shapiro, and co-founder and CEO Patrick Lightbody. (Reclaim.ai Photograph)

New funding: Portland, Ore.-based Reclaim.ai has raised $four.eight million in a seed funding spherical to assist develop its calendar instrument that makes use of machine studying and pure language processing to assist customers higher handle their time. The startup launched in June 2019 and beforehand raised $1.5 million.

Well timed time administration: Efficient time administration has been an ongoing wrestle for many individuals. Workers working from dwelling through the COVID-19 pandemic have confronted new challenges as they attempt to carve out centered hours for his or her most vital duties, placing apart distractions from household, pets and elsewhere. Reclaim helps folks establish and prioritize important duties, account for his or her time, and coordinate schedules between employees. The product is being utilized by staff at greater than four,000 firms internationally.

Growth plans: New funding might be used to develop the workforce of eight staff who work in Oregon and California. Reclaim goals to rent engineers, product managers and people in gross sales. Reclaim is at the moment free via 2021 and pairs with Google Calendar. Help for Workplace 365 is coming quickly.

RELATED NEWS: Startup Spotlight featuring Reclaim.ai

The team: The initial Reclaim trio is co-founder and CEO Patrick Lightbody, co-founder Henry Shapiro and principal software program engineer Ian White. The three beforehand labored collectively at Portland’s New Relic.

Lightbody has created and bought two firms within the software program testing house, and was one of many unique contributors to Selenium, a framework for testing net apps. Shapiro was a founding product supervisor at a number of startups within the Portland space. White has been a developer for 15 years.

Funding supply: The spherical was led by Index Ventures, with participation from Gradient Ventures, Flying Fish, Operator Companions and Calendly. Different strategic investors embody Jason Warner, CTO at Github; Sue Khim, CEO at Good.org; Alex Solomon, co-founder and CTO at PagerDuty; Kenny Van Zant, former head of enterprise at Asana; and Yvonne Wassenaar, CEO at Puppet.

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