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Aerotime raises $2M in seed funding led by Nexus Venture Partners

Aerotime raises $2M in seed funding led by Nexus Venture Partners 1

Aerotime has raised $2M in a seed round of funding from Nexus Venture Partners, Y Combinator, Sequoia Capital India, SOMA Capital, and angels like Akshay Kothari (COO, Notion), Nir Eyal (NYTimes Bestselling author of Hooked & Indistractable), and Damien Coullon (VP Product, LinkedIn). Aerotime is a calendar that solves for productivity losses due to fragmented meetings and constant workplace distractions, without changing anything in the user’s workflow.

Most companies run on a manager’s schedule because it is very hard to find time with them, leading to spaced-out meetings on the calendar for everyone else. This calendar fragmentation is terrible for deep work, making work-hours highly unproductive – no wonder the real work starts after 5 pm!

Aerotime maximizes uninterrupted free time for deep work for the whole team by recommending perfect time slots for new as well as existing meetings. More than 20 parameters go into these recommendations like preferred focus times, past meeting schedules, per-user time fragmentation, etc.

It also helps you kill distractions with focus music and a Slack integration that snoozes notifications while updating your status when you’re focusing. The product is live across 70 teams from different companies and is now coming out of private beta. With the funds raised, Aerotime has growth plans to target mid to large sized companies where this problem is most apparent.

Aerotime was founded in 2021 by Piyush Narwani and Dhruv Goel who come with strong product and engineering experience having worked with Linkedin and AWS respectively. 

Piyush Narwani, co-founder of Aerotime, says, “Time is one of the most valuable assets we have, yet we waste it without realizing it. Prioritization and context switching are two of the biggest reasons for this. Aerotime helps you be intentional about time and automates many workflows to save time. Our vision is to help humans live life in a flow state – together, let’s be effective and not busy!”

Sameer Brij Verma, Managing Director, Nexus Venture Partners, adds, “We, at Nexus, are super excited to partner with the Aerotime team to help build an industry-leading solution allowing people to radically streamline meetings, prioritize tasks and take back control of their most valuable resource – time. There have been lots of point calendaring solutions in the market but none have been able to get users into a flow state. A state that will lead to decluttering their lives and exponentially increase their productivity.”

Aerotime is targeting a massive market, a study compiled by Atlassian quotes $37 billion as salary cost of unnecessary meetings for U.S. businesses alone.

Written by Srikanth

Passionate Tech Blogger on Emerging Technologies, which brings revolutionary changes to the People life.., Interested to explore latest Gadgets, Saas Programs

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