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[Funding alert] San Francisco-based Rhythms Raises $26 Million in Seed Funding

San Francisco-based Rhythms raises $26 million in seed funding. This round was co-led by Greenoaks and Madrona with participation from Accel, Cercano (formerly Vulcan), and Founders’ Co-op, all of which were also investors in his previous venture, Ally.io, which was acquired by Microsoft in 2021.

San Francisco-based Rhythms raises $26 million in seed funding. This round was co-led by Greenoaks and Madrona with participation from Accel, Cercano (formerly Vulcan), and Founders’ Co-op, all of which were also investors in his previous venture, Ally.io, which was acquired by Microsoft in 2021.

This funding will enable Rhythms to expand its teams in the U.S. and India, accelerate product development, and bring its innovative operating system to market. The company will launch a product preview to select customers in early 2024 and make its solution broadly available later in 2024.

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Rhythms is developing a first-of-its-kind AI-powered Operating System to transform the future of work, enabling every organization to achieve best-in-class performance and productivity.

The company’s artificial intelligence model identifies working patterns of high performing teams, and its intelligent agent will enable every part of the workforce to personalize and adopt “rhythms” of top performing teams within their organization or from top-tier organizations around the world.

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Mr. Vellore, a third-time entrepreneur and most recently, a Corporate Vice President at Microsoft said, “We are thrilled to launch Rhythms and pioneer a first-of-its-kind AI software solution that will revolutionize how organizations work day-to-day, The rise of AI and the continued popularity of hybrid workplaces are two of the defining trends of our time. These, along with the continued push to achieve more with less, have created an urgent need for all organizations to re-examine how they operate and enhance their organizational productivity. Our solution will help enterprises understand, streamline, improve and orchestrate their rhythms that are at the core of their organizational productivity, and enable every team to achieve best in class performance and higher work satisfaction.”

Neil Shah, Partner at Greenoaks said, “The invention of software fundamentally transformed the way people work. We believe that the advent of AI will change it again, Few people in the world have mastery of what drives organizational performance and the ability to develop remarkable software that enhances it. Even fewer have the energy to build several successful businesses on top of these insights. Vetri is the rare combination of both. We are privileged to once again partner with Vetri and his team as they build a category-defining product. We look forward to working with them for years to come.”

S. Somasegar, Managing Director, Madrona said, “Vetri is a rare talent. He has dedicated his career to developing products that enhance purpose, happiness, and productivity in the workplace and has two successful companies to prove it, AI opens up entirely new pathways for tools to increase efficiency, information sharing and workflows, and we are excited to help Vetri and his team as they build Rhythms.”

About Rhythms

They are at a turning point in the development of the workplace, as generative AI, hybrid workspaces, and the need to do more with less are transforming how businesses operate. Organisational productivity needs a new approach in light of this new environment.

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They believe an organization’s or team’s internal rhythms—the fundamental processes that propel each part of their work—determine how successful they are. However, most organisations do a poor job of comprehending and handling these rhythms, which results in disorganised, frustrating, unpredictable, and disparate performance.

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