Tel Aviv-based startup Knowmail announced today that it has raised $1.2M in seed funding. The SaaS acts as a personal assistant to help employees communicate and collaborate more effectively, and plans to allocate the investment to accelerate its growth by developing and scaling its sales and development team. The funding was led by early stage venture capital firms Plus Ventures, 2B Angels, AfterDox and INE Ventures.
“We are proud to introduce Knowmail to the public, so that it can help eliminate information overload and boost overall communication and productivity,” said Haim Senior, CEO of Knowmail. “We are confident that Knowmail’s powerful deep-learning algorithms and personalized guidance will facilitate improved corporate communication and collaboration on all levels.”
In addition, funding will enable the company to add more partnerships and enhance the product’s scope of capabilities.
One of the biggest challenges companies face today, is managing and prioritizing communication. Emails that slow productivity by consuming a large portion of time. Knowmail’s technology was developed to understand each professional and their goals so that they can rely on Knowmail’s “intelligence” to help manage time and be more productive on the job.
“We recognize the importance of this market – with professionals struggling with time management, email overload, prioritization, and work/life balance – we believe Knowmail is a solution that can enhance every working professional’s life,” said Roy Oron, Partner at Plus Ventures. “The personalization of technology is where the industry is headed and what consumers expect, a solution that can understand each professionals work habits and priorities is an invaluable asset to any person or company.”
Knowmail is a personal assistant for professionals that manages email overload and prioritizes work objectives. Knowmail deploys the technical capability to become your own personal assistant by navigating your e-mails and determining immediate priorities from less important items, freeing up valuable time.