Produce8 Closes $6M Funding Round

Produce8 logo

Produce8, a Vancouver, BC, Canada-based startup SaaS company aiming to reduce distractions and increase productivity for distributed and digital-first teams, raised $6M in funding.

The backers were not disclosed.

The company intends to use the funds to expand its operations and business reach.

Produce8 is a digital work analytics platform that helps distributed and digital-first teams measure and understand their interactions with their technology and each other.

Led by Mark Scott and Joel Abramson, Produce8 is a digital work analytics platform that helps distributed and digital-first teams measure and understand their interactions with their technology and each other.

The company will offer clear digital work data with its initial launch:

  • Insights to quantify time lost across all apps and workflows
  • Impactful measurement to improve team collaboration
  • Tech utilization for greater productivity and wellbeing

The company plans to launch into the IT Services market at the start of 2023 with expectations to expand across other industry verticals in quick succession.

FinSMEs

29/11/2022