The round also saw participation from angel investors like Akshay Kothari, chief operating officer of Notion, Nir Eyal author of Hooked & Indistractable and Damien Coullon, vice president of Product, LinkedIn.
Founded in 2021 by Piyush Narwani and Dhruv Goel, Aerotime is a calendar that solves productivity losses due to fragmented meetings and constant workplace distractions, without changing anything in the user’s workflow.
Narwani and Goel come with product and engineering experience, having worked with Linkedin and Amazon Web Services, respectively.
“Prioritisation and context switching are two of the biggest reasons for this. Aerotime helps you be intentional about the time and automates many workflows to save time” Narwani said in a prepared statement on Thursday.
The company operates in India and the US. It earns around 70% of its revenue from the US and 30% from India.
Discover the stories of your interest
A study compiled by Atlassian pegs the salary cost of unnecessary meetings for US businesses alone at $37 billion, and Aerotime plans to add more productivity in this segment, Narwani added.
According to Aerotime, 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 not good for deep work, making work hours highly unproductive, it said.
