Mosaic, a New York-based provider of an AI-powered SaaS platform for resource management, raised $4M in funding.
The round was led by Las Olas Venture Capital, with participation from Ocean Azul Partners, ff Venture Capital, Tensility Venture Partners, and Entrepreneurs Roundtable Accelerator.
The company intends to use the funds to expand operations and its business reach.
Founded by John Meyer, Mosaic provides solutions for project-based companies to maximize the efficiency of their workforce by automating the planning, management, and tracking of time. Its patented AI suggests projects for people to work on, puts together project teams based on skills and other data points, and automatically updates work plans as things change.