Airspeed

Airspeed

Digital platform for enhancing workplace connections

About Airspeed

Simplify's Rating
Why Airspeed is rated
B-
Rated D+ on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Enterprise Software

Social Impact

Education

Company Size

11-50

Company Stage

Debt Financing

Total Funding

$7.5M

Headquarters

Maryland

Founded

2021

Overview

Airspeed enhances workplace connections by allowing employees to create detailed personal profiles that showcase their interests, hobbies, and unique experiences. This platform helps colleagues discover commonalities, fostering stronger relationships and a more engaged workforce. Unlike traditional professional networks, Airspeed caters to both extroverted and introverted individuals, making it easier for everyone to share their personal stories. The company operates on a subscription-based model, where businesses pay a recurring fee to provide access to the platform for their employees. This approach not only generates a steady revenue stream but also supports continuous improvements to the service. Airspeed's goal is to reduce the time it takes for employees to connect, ultimately leading to increased productivity and job satisfaction.

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Simplify's Take

What believers are saying

  • Increased demand for digital team-building tools due to remote and hybrid work models.
  • Growing interest in AI-driven solutions for improving workplace culture.
  • Subscription-based model provides a steady revenue stream for Airspeed.

What critics are saying

  • Emergence of new competitors could dilute Airspeed's market share.
  • Potential privacy concerns may lead to regulatory scrutiny.
  • Economic downturns could affect investment in subscription-based platforms.

What makes Airspeed unique

  • Airspeed offers a unique Culture Graph to measure organizational cultural health.
  • The platform integrates AI features for actionable culture data and continuous recognition.
  • Airspeed's Slack app, Coffee Talk, provides a free alternative to Donut for virtual meetups.

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Funding

Total Funding

$7.5M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:
Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

↓ -17%

1 year growth

↓ -6%

2 year growth

↑ 0%
Business Wire
Apr 24th, 2024
Airspeed Launches Culture Graph To Help Companies Measure The Cultural Health Of Their Organization

SAN FRANCISCO--(BUSINESS WIRE)--Airspeed, an innovative platform focused on connecting and celebrating employees to drive engagement and performance, today announced the launch of Culture Graph (patent-pending). Culture Graph is a system that gauges the health of an organization by measuring the strength of employee connections and unearthing hidden networks within the organization. The new feature will help companies analyze their employee engagement and connection to identify opportunities for team-building and collaboration. Traditionally, organizational cultural health and engagement have been monitored through means such as surveys (e.g., team surveys and individual interviews), Human Resources (HR) statistics (e.g., employee retention rates), and monitoring of communications outside of the organization (e.g., Glassdoor.com). Most of these means are prone to error, due to their incompleteness and susceptibility to biases and intimidation. In many cases, these indicators of organizational problems may be backward-looking or become apparent only when the problems become severe

Yahoo Finance
Apr 24th, 2024
Airspeed Launches Culture Graph to Help Companies Measure the Cultural Health of Their Organization

Airspeed launches Culture Graph to help companies measure the cultural health of their organization.

Business Wire
Mar 26th, 2024
Airspeed Launches New Ai Features And Awards To Strengthen Employee Connections

SAN FRANCISCO--(BUSINESS WIRE)--Airspeed, an innovative platform focused on connecting and celebrating employees to drive engagement and performance, today announced the launch of AI Awards and new AI capabilities across all their applications. The new AI features will help companies analyze their culture data and make it actionable while Awards will enable continuous achievement recognition for workers. In recent years, the workplace has undergone a major shift in how and where we work. With the emergence of generative AI, we’re experiencing yet another radical work change. Many companies have enabled employees to work remotely or follow a flexible hybrid schedule, and while the pros of this flexibility are plentiful, it also has resulted in dispersed teams and fewer personal connections in the workplace. While some companies are returning to in-office work, the problems of low engagement and lack of connection have always existed; the pandemic merely highlighted them

Grit Daily
Mar 26th, 2024
Empowering Employee Connections: Airspeed Unveils AI Features and Awards for Workplace Engagement

Empowering employee connections: Airspeed unveils AI features and awards for workplace engagement.

Business Wire
Jul 26th, 2023
Airspeed launches Coffee talk: A free & ai-powered alternative to Donut for virtual employee meetups

Airspeed, an innovative platform focused on connecting and celebrating employees to drive engagement and performance, today announced the launch of their AI-powered Slack app, Coffee Talk, as a smarter alternative to Donut.

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