Despite the lack of concrete evidence that adopting another team's working rhythm can boost productivity, Rhythms has secured $26 million in seed funding, co-led by Greenoaks and Madrona, with participation from Accel, Cercano, and Founders’ Co-op. The funds will be used for product development, team growth, and a platform preview for select customers in early 2024. Vellore believes that Rhythms can provide decision makers with insights about how teams approach work and help other teams adopt these patterns.
Key takeaways:
- Rhythms is a new company that aims to improve organizational productivity by using AI to identify the working patterns of top-performing teams.
- The company was founded by Vetri Vellore, who previously founded Ally.io and Chronus, both in the enterprise productivity software space.
- Rhythms has raised $26 million in a seed round co-led by Greenoaks and Madrona, with participation from Accel, Cercano and Founders’ Co-op.
- The funds will be used for product development, growing teams in Seattle and India, and working toward a platform preview for select customers in early 2024.