LAUNCHub and daFUND have backed the analytics software provider in its latest funding round.
Adadot provides an intelligent analytics platform designed to balance workplace performance and employee wellbeing. The software integrates daily productivity and collaboration tools to help technical teams monitor their work habits.
Adadot has secured £800k in a pre-seed funding round backed by LAUNCHub and daFUND. The capital will support the company as it develops its analytics platform, which helps technical teams monitor and improve the correlation between productivity and wellbeing. Additional backers in the round include Charles Songhurst, James Isilay, and Jane Gilson. The investment follows the company product launch and a grant win to expand its artificial intelligence capabilities.
From the founder
"When not everyone is in the office it’s really challenging to understand if you are moving in the right direction both as an individual and as a team. Most software focuses on tactical information such as the status of tasks. The burning questions however are at a completely different level: Are we getting faster or better, and are we burning out in the process?"
Alex Harris
CEO at Adadot
Investor perspective
"Doing well while being well at work is no longer a matter of a trade-off. Technical people in both in-house and remote environments need key metrics and useful insights on their performance, collaboration and wellbeing patterns. We are excited to back Alex and Jason in their quest for a more efficient and balanced work-life with a tracking solution rewarding the top performers and sounding the alarm for the overworked. By investing in Adadot we want to be a part of that positive change in the Future of Work."
Stan Sirakov
LAUNCHub
Investors
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About the company
Adadot
Adadot develops intelligent analytics software to support sustainable workplace performance and wellbeing.