What is Clockwise?
Established in 2016 and headquartered in San Francisco, CA, Clockwise offers a sophisticated platform that addresses the challenges of modern workplace scheduling. By intelligently managing calendars, the assistant aims to eliminate double bookings and optimize time for focused work, thereby reducing stress and enhancing team productivity. The company's solution is particularly valuable for distributed and hybrid teams navigating complex scheduling dynamics. Clockwise's technology is geared towards enhancing operational efficiency for businesses seeking to maximize their employees' productive hours.
How much funding has Clockwise raised?
Clockwise has raised a total of $74M across 3 funding rounds:
Series A
$11M
Series B
$18M
Series C
$45M
Series A (2019): $11M with participation from Michael Ovitz, Slack Fund, Accel, Greylock Partners, and Ellen Levy
Series B (2020): $18M, investors not publicly disclosed
Series C (2022): $45M supported by Atlassian, Accel, and Coatue
Key Investors in Clockwise
Michael Ovitz
Michael Ovitz, associated with Creative Artists Agency (CAA), is a prominent figure in the entertainment industry, known for revolutionizing talent representation and expanding into diverse business ventures. His involvement suggests a strategic interest in Clockwise's potential for broad market appeal and innovative business models.
Slack Fund
Slack Fund, the investment arm of Slack Technologies, focuses on companies that enhance team collaboration and productivity. Their investment in Clockwise aligns with Slack's mission to improve workplace communication and efficiency through integrated software solutions.
Accel
Accel is a global venture capital firm that partners with exceptional teams from the inception of their ideas through all phases of private company growth. Their investment indicates confidence in Clockwise's foundational technology and scaling potential within the software sector.
What's next for Clockwise?
The substantial enterprise-level funding and recent strategic investment signal a pivotal phase for Clockwise. This capital infusion is expected to fuel further product development, enhance market penetration, and potentially expand its service offerings. With a clear focus on solving complex scheduling problems, Clockwise is well-positioned to capitalize on the growing demand for intelligent workplace solutions. Future growth may involve deeper integrations with other business tools and expanded features to support an even wider array of organizational needs, solidifying its role as a key player in the future of work.
See full Clockwise company page
