
Vancouver based SaaS start-up Produce8 is focused on helping digital-first companies optimize their online working environments and minimize digital burnout. With the influx of remote and hybrid teams, businesses are continuing to rethink the role of technology in facilitating how team members interact and manage work flow.
As a digital analytics tool, Produce8 aims to create transparent teams through data democratization. Produce8 enables everyone working on a team to access the tech usage patterns of their colleagues. For example, each individual on a team can discover how much time is allocated to the use of specific tech platforms, such as Slack, Zoom or Teams.
Building transparent digital infrastructure allows teams to discuss which tech solutions make working together easier. Produce8 gathers data relating to meeting frequencies and length, as well as how often one is switching between applications. According to Produce8, “distractions lead to around 90 minutes of productivity loss per day, costing North American enterprises $1 trillion annually.” Capturing this data enables employers and business owners to measure the value-add of specific tools or to identify digital distractions. These insights provide useful indicators to improve internal communications and carve out more time for focused deep work.
Produce8 recently announced that it secured $6 million CAD in seed-round funding. This capital will contribute towards scaling its monthly active users while growing its product and sales teams. With Produce8, digitally driven teams can craft solutions for empowering employee success and wellbeing.
Image by https://unsplash.com/@marvelous
Authors
Expertise
Insights
-
Technology
General Fusion Secures US$22M to Advance Quest for Commercial Fusion Power
General Fusion, a Canadian startup, secured US$22 million (C$30 million) in financing to fuel its plans to produce commercially viable fusion power.The round was a “pay-to-play” deal in which existing… -
Technology
Ranovus Commits to C$100M Investment in Ottawa Facility
On August 20th, Ranovus announced a C$100 million investment to develop and manufacture semiconductors at its Ottawa facility, expanding Ontario’s chip manufacturing capacity. In recent years, the… -
Technology
Klarna Announces IPO Aspiring for US$14 Billion Valuation
Klarna is preparing for its long-awaited initial public offering, which has been approved to list on the New York Stock Exchange under the ticker symbol “KLAR.” Widely known as a buy now, pay later… -
Technology
Waabi Accelerates Toward Driverless Trucking
Toronto-based startup Waabi is shifting gears from research and development to commercialization, as founder Raquel Urtasun aims to bring autonomous trucking to market by the end of 2025.Waabi’s… -
Technology
Garage Secures US$13.5 million to Modernize Emergency Equipment Procurement
Garage, an online marketplace for emergency vehicles and equipment used by fire and EMS departments, announced a US$13.5 million Series A funding round led by Infinity Ventures. The round also… -
Technology
Bluesky Rolls Out New Community Guidelines
Bluesky, a social network competitor of X, Threads and other open networks including Mastodon, is revisiting its community guidelines and other user policies to provide more clarity around user safety…