Clockwise

Clockwise

AI-powered scheduling tool for productivity

About Clockwise

Simplify's Rating
Why Clockwise is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Company Size

11-50

Company Stage

Series C

Total Funding

$74.2M

Headquarters

San Francisco, California

Founded

2016

Overview

Clockwise provides an AI-powered scheduling tool aimed at improving time management and productivity for individuals and teams. The tool analyzes users' work preferences and productivity patterns to create optimal schedules, automatically adjusting flexible meetings to the most effective times and resolving conflicts. It also designates "Focus Time" blocks for uninterrupted work. Additionally, Clockwise integrates with popular productivity tools like Slack and Asana, offering real-time analytics to help organizations understand team bandwidth and set healthy work boundaries. Unlike many competitors, Clockwise operates on a freemium model, allowing users to access basic features for free while offering premium subscriptions for advanced capabilities. The goal of Clockwise is to help organizations work more efficiently and achieve their objectives faster.

📈
Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion to Microsoft users opens access to 400 million potential new users.
  • Raised $45M in Series C funding, indicating strong investor confidence and growth potential.
  • Growing demand for mental health tools aligns with Clockwise's focus on preventing burnout.

What critics are saying

  • Competition from Reclaim.ai, acquired by Dropbox, threatens Clockwise's market share.
  • Microsoft's existing scheduling tools may hinder Clockwise's expansion to Microsoft users.
  • Freemium model may struggle to convert users to premium, affecting revenue growth.

What makes Clockwise unique

  • Clockwise uses AI to optimize work schedules, enhancing productivity and focus time.
  • Integration with tools like Slack and Asana offers seamless productivity and scheduling solutions.
  • Clockwise's freemium model allows users to access basic features without initial cost.

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Funding

Total Funding

$74.2M

Below

Industry Average

Funded Over

4 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$45M
Clockwise
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

Competitive salary & equity

Wellness stipend

Unlimited PTO

Health, dental & vision plans

Learning & development stipend

401(k) plan

Parental leave

Commuter benefits

Growth & Insights and Company News

Headcount

6 month growth

-10%

1 year growth

4%

2 year growth

4%
Ciotech Views
Aug 22nd, 2024
Dropbox Acquires AI Scheduling Platform Reclaim.ai, Bolstered by Index Ventures

Reclaim.ai competes with other scheduling solutions like Calendly, Clockwise, and Doodle.

PRWeb
Nov 14th, 2023
Today Clockwise Introduces Clockwise For Microsoft Users

New offering unlocks access to AI-powered calendar optimization for 400 million peopleSAN FRANCISCO, Nov. 14, 2023 /PRNewswire-PRWeb/ -- Clockwise, the AI-powered calendar optimization solution that has already transformed schedules at over 40,000 organizations, is announcing its expanded support for Microsoft users. Clockwise coordinates the way individuals, teams, and companies prefer to work, and helps them reclaim time for the things that matter most in the work day. To date, the company has unleashed over 5 million hours of focused work hours for its users.Since launching in 2018, Clockwise has become the go-to solution for leading organizations including Atlassian, Asana, Etsy, Twitter, Uber and Zoom. Over 600,000 Google Calendar users have already benefited from better time management through calendar optimization.Clockwise for Microsoft will unlock access to Clockwise for a significant portion of the global workforce. Over 400 million employees across 40% of businesses rely on Microsoft Outlook today, including many Fortune 500 companies."While tens of thousands of companies already rely on Clockwise for optimizing productivity and ensuring time is shared wisely across business functions, it's crucial that Clockwise is available to all workers who need it," said Matt Martin, co-founder & CEO, Clockwise

TechCrunch
Jan 18th, 2022
Smart Calendar Tool Clockwise Raises $45M To Help Remote Teams Avoid Burnout Using Ai

Clockwise, a time management and smart calendar tool, has raised $45 million in Series C funding led by Coatue, with participation from Atlassian Ventures and existing investors Accel, Greylock Partners and Bain Capital Ventures. This latest round brings the companys total amount of funding raised to $76 million. Clockwise uses artificial intelligence to help teams []

TechCrunch
Jun 19th, 2020
Clockwise CEO Matt Martin: How we closed an $18M Series B during a pandemic

It all started with an email from a customer: “Do you know why Bain Capital Ventures is reaching out to me about Clockwise?”

36Kr
Jun 18th, 2020
创投日报 | 「极智嘉」C轮融资总额达到2亿美元,「聪明目」获数千万元战略融资;以及今天值得关注的早期项目

「36氪创投频道」报道的融资新闻,以及我们正在关注的各个领域早期创业项目。

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