7 years ago
StatusToday Raises $3.91 Million to Help Companies Understand Their Employees
StatusToday, a London-based AI startup, has raised $3.91 million in seed funding led by Local Globe, with participation from Notion Capital, firstminute capital, Entrepreneur First, Force Over Mass Capital, and others
The company's platform uses behavioral artificial intelligence to analyze employee data and provide insights to companies, aiming to improve efficiency, reduce risk, and enhance transparency for both employers and employees
StatusToday has already analyzed over 350 million human actions from 165,000 employees across 200 companies in 22 countries
The company plans to use the funding to expand its AI modeling, grow its team, and further develop its platform.
ProblemTechnology
"Many CEOs and managers do not really understand their employees, leading to a negative impact on a company."
Solution
"StatusToday uses behavioral artificial intelligence to improve efficiency, reduce risk, and provide transparency to companies and employees, by analyzing employee data in real-time and identifying potential risks and bottlenecks."