Butterfly, a Brooklyn, NY-based online platform that provides real-time leadership coaching, raised $2.4m in seed funding.
Backers included Daphni, Tectonic Ventures, Precursor Ventures and angel investors.
The company intends to use the funds to continue to expand operations.
Co-founded by David Mendlewicz, Simon Rakosi and Marcus Perezi-Tormos, Butterfly provides a personal leadership coach that turns employee feedback into customized leadership training for managers at every level. It enables users to share feedback leveraging a library of surveys while a dedicated control room addresses feedback in real time, and monitors trends across the entire team or organization.
Data from a team tells Butterfly’s AI coach, Alex, what people need to work on in orer to drive engagement.