Company Research Report: Worklytics
Company Overview
Name
Worklytics
Mission of the Company
Worklytics was founded as a people-centric analytics solution built to help companies improve employee experience. The mission is to use technology to create a better and more human work experience by focusing on collaboration, trust, and innovation, while ensuring privacy and security through anonymous data analytics.
Founded
Worklytics was founded in 2016 by Philip Arkcoll and Erik Schultink.
Key People
- Philip Arkcoll: Founder
- Erik Schultink: Founder
- Christine Schmidt: Head of People Analytics at Cruise
- Clive Munro: CTO of Blue Robot
Headquarters
New York, NY, with significant operations in Seattle, WA.
Number of Employees
Approximately 11-50 employees.
Investors
- Y Combinator
- Pioneer Fund
- Bowery Capital
- Funders Club
Revenue
No information is available.
Known For
Worklytics is known for its robust workplace analytics focused on improving productivity, collaboration, and employee experience without compromising employee privacy. It provides comprehensive metrics and actionable insights across various productivity tools like G Suite, Office 365, Slack, GitHub, and Jira.
Products
Real-Time Collaboration Data
Description
Worklytics provides real-time data to help companies understand how work is getting done within their team environments.
Key Features
- Real-time Reporting with Live Dashboards
- Over 200 actionable metrics for modeling work and collaboration
- NSF-approved data pipelines to save data engineering time
- Self-serve dashboards to ensure timely insights
Privacy and Security
Description
Worklytics is designed to protect employee privacy and comply with privacy regulations.
Key Features
- Fully anonymous data with Pseudonimization Proxy
- GDPR and CCPA compliance
- No storage or analysis of work content
Employee Experience Improvement Tools
Description
Worklytics provides tools aimed at improving the day-to-day work-life of employees.
Key Features
- Insights into employee experience without creepy monitoring
- Focus on improving collaboration and reducing inefficiencies
- Tools to identify sources of employee burnout
Recent Developments
New Features and Metrics
1. New Metrics for Time Management:
- Fragmented Time: Measures short blocks of time that are insufficient for deep work.
- Interrupted Time: The total time without substantial free blocks for focused individual work.
2. Manager Scorecard:
- Regular Manager 1:1s
- Supporting Work-Life Balance
- Avoiding Micromanagement
- Protecting Team from Distraction
- Manager Influence and Networking
- Insights on Inclusion and Preventing Team Isolation
New Partnerships
- Worklytics collaborates increasingly with finance, real estate leaders, CTOs, and CROs to address issues related to office leases, space design, engineering team productivity, and sales revenue generation.
New Employee
- Rachel Habbert, PhD: Joined as a seasoned data scientist, bringing expertise in identifying drivers of organizational dynamics.
Summary
Worklytics is a private company specializing in workplace analytics, with a mission to enhance employee experience through comprehensive insights while ensuring data privacy. Founded in 2016 by Philip Arkcoll and Erik Schultink, the company is headquartered in New York, NY, and has a notable presence in Seattle, WA. The company employs 11-50 people and has received investments from Y Combinator among others.
Recent developments include the introduction of new metrics to aid time management and the launch of a Manager Scorecard to evaluate management effectiveness. Worklytics has also been expanding its feature set to include more privacy-focused tools and partnerships across various industries.
