Rhythms Scores $26 Million Seed Funding

<p><strong>SAN FRANCISCO<&sol;strong> &&num;8212&semi; Rhythms&comma; an AI-powered enterprise productivity startup&comma; has landed &dollar;26 million in seed funding&comma; co-led by Greenoaks and Madrona with participation from Accel&comma; Cercano &lpar;formerly Vulcan&rpar;&comma; and Founders’ Co-op&comma; all of which were also investors in his previous venture&comma; Ally&period;io&comma; which was acquired by Microsoft in 2021&period;<&sol;p>&NewLine;<p>Rhythms is developing a first-of-its-kind AI-powered Operating System to transform the future of work&comma; enabling every organization to achieve best-in-class performance and productivity&period; The company&&num;8217&semi;s artificial intelligence model identifies working patterns of high performing teams&comma; and its intelligent agent will enable every part of the workforce to personalize and adopt &OpenCurlyDoubleQuote;rhythms” of top performing teams within their organization or from top-tier organizations around the world&period; The system seamlessly integrates with existing tools and workflows&comma; making it easy for teams to adopt and achieve higher productivity in every part of their work&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;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&comma;” said Mr&period; Vellore&comma; a third-time entrepreneur and most recently&comma; a Corporate Vice President at Microsoft&period; &OpenCurlyDoubleQuote;The rise of AI and the continued popularity of hybrid workplaces are two of the defining trends of our time&period; These&comma; along with the continued push to achieve more with less&comma; have created an urgent need for all organizations to re-examine how they operate and enhance their organizational productivity&period; Our solution will help enterprises understand&comma; streamline&comma; improve and orchestrate their rhythms that are at the core of their organizational productivity&comma; and enable every team to achieve best in class performance and higher work satisfaction&period;”<&sol;p>&NewLine;<p>He continued&colon; &OpenCurlyDoubleQuote;We are excited to be backed by world-class investors that know us well and with whom we have partnered before&period; When we considered starting a new business&comma; we knew that we would turn first to Greenoaks and Madrona&comma; deeply aligned partners whose conviction and expertise will amplify what we can accomplish&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The invention of software fundamentally transformed the way people work&period; We believe that the advent of AI will change it again&comma;” said Neil Shah&comma; Partner at Greenoaks&period; &OpenCurlyDoubleQuote;Few people in the world have mastery of what drives organizational performance and the ability to develop remarkable software that enhances it&period; Even fewer have the energy to build several successful businesses on top of these insights&period; Vetri is the rare combination of both&period; We are privileged to once again partner with Vetri and his team as they build a category-defining product&period; We look forward to working with them for years to come&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Vetri is a rare talent&period; He has dedicated his career to developing products that enhance purpose&comma; happiness&comma; and productivity in the workplace and has two successful companies to prove it&comma;” said S&period; Somasegar&comma; Managing Director&comma; Madrona&period; &OpenCurlyDoubleQuote;AI opens up entirely new pathways for tools to increase efficiency&comma; information sharing and workflows&comma; and we are excited to help Vetri and his team as they build Rhythms&period;”<&sol;p>&NewLine;<p>With the rise of hybrid work and the imperative to accomplish more with less&comma; Rhythms is poised to play a pivotal role in shaping the future of productivity&period; Its AI-powered operating system will transform the way teams work&comma; dramatically simplify everyday workflows and allow organizations of all types to advance to new frontiers of performance&period;<&sol;p>&NewLine;<p>This funding will enable Rhythms to expand its teams in the U&period;S&period; and India&comma; accelerate product development&comma; and bring its innovative operating system to market&period; The company will launch a product preview to select customers in early 2024 and make its solution broadly available later in 2024&period;<&sol;p>&NewLine;