Clockwise, a San Francisco, CA–based smart calendar assistant, raised $18M in Series B funding.
The round, which brought total funding raised to date to $31.6m, was led by Bain Capital Ventures with participation from existing investors Accel and Greylock Partners. In conjunction with the funding, Ajay Agarwal at Bain Capital Ventures joined the Clockwise board of directors.
Co-founded by Matt Martin, Mike Grinolds and Gary Lerhaupt in 2016, Clockwise uses artificial intelligence to create productive time for teams during the work day. Its intelligent calendar assistant understands work and life commitments and automatically organizes a calendar to help workers focus on priorities. The company is also announcing the launch of Clockwise for Teams, a time management toolkit for remote workers. Since launching in 2019, the company has optimized more than 200,000 calendars for workers at companies like Slack, Asana, and Spotify.
The company intends to use the funds to grow the team and continue innovating in the workplace calendar space, broadening availability across a greater variety of platforms, currently only available to G-Suite users on desktop. Expansion will allow workers to experience Clockwise wherever they work, whether on Office 365 or their phone.
FinSMEs
16/06/2020