Reclaim.ai Closes $9.5M in Total Funding, Launches Scheduling Links Feature & Reveals 60.2% Burnout Rate Among Knowledge Workers

The smart calendar assistant company reports time management to be the biggest factor in employee burnout and launches smarter Scheduling Links feature to reduce calendar fatigue.

PORTLAND, Ore.--(BUSINESS WIRE)--Reclaim.ai, an intelligent calendar app and time management platform for Google Calendar used by over 14,000 companies worldwide, today announced that they have raised $9.5 million in total funding to date. This comes following their recent $3.2 million pre-Series A round from new and existing investors: Yummy Ventures, Character.vc, Flying Fish, Operator Partners, Grafana CEO Raj Dutt, and others.

The company additionally launched a new Scheduling Links feature into private beta, supported by the findings from their Meeting Scheduling Trends Report, which surveyed over 800 busy professionals on how they use scheduling links and the different issues they face across roles and meeting types when orchestrating their meetings via scheduling links. This launch consolidates smart time blocking with meeting scheduling automation to provide a unified suite for enterprise time orchestration.

Reclaim.ai found that 33.6% of scheduling link users currently clear events manually from their calendar every week to create more availability for meetings created by scheduling links. Further, 79.8% of scheduling link users reported having to do manual rescheduling and prioritization in order to make their scheduling links effective, and over 60% of users reported wanting to be able to prioritize certain meetings over others.

Reclaim.ai’s Scheduling Links feature addresses this massive inefficiency by empowering users to send links with dynamic availability, allowing higher-priority meetings to get scheduled sooner and unlocking new efficiencies across job role types. The average professional currently uses scheduling links 7.1 times per week, and over 96.4% of professionals use them at least once a week. Given that the average professional attends over 25 meetings per week, these pain points amount to more than half of the average professional’s productivity.

The company also released recent findings of their Workplace Burnout Trends Report, which surveyed over 700 professionals on burnout levels and the factors contributing to quiet quitting. This data, in combination with the Scheduling Trends report, illustrates a clear linkage between time management and employee attrition. At a baseline, the average workweek was 2.6% longer than last year – from 44.6 to 45.8 hours – but the burnout rate among professionals was reported to be 60.2%. Additionally, surveyed professionals reported lack of focus time, notification fatigue, and poor work-life balance to be the three largest factors contributing to their burnout.

“This data confirms much of what we’ve suspected since we started building Reclaim.ai over three years ago,” said Patrick Lightbody, CEO and Co-Founder of Reclaim.ai. “Employee retention is most deeply rooted in how companies empower their employees to make the most of their workweeks – not perks or compensation. We’re excited to announce Scheduling Links not only because it addresses many of the issues uncovered in the data, but also because it’s a major step towards giving knowledge workers a single unified platform for enterprise time orchestration and scheduling.”

Other data points from the combined reports include:

• 27.9% of all weekly meetings are set up via scheduling links
• Sales and executive roles use scheduling links the most, at over 9 times per week
• 60.5% of professionals report issues with availability and prioritization
• 55.4% of scheduling link users report availability issues 30% or more of the time
• The average workweek increased 2.6% YoY, from 44.6 to 45.8 hours
• 9.4% of professionals reported working greater than 60 hours per week
• Professionals ranked their burnout rate as 60.2% out of 100% on average
• The top issues contributing to burnout were all related to time management:
  • Lack of time for focused work: 63.4%
  • Notification fatigue: 59.9%
  • Poor work-life balance: 52.2%
  • Too many meetings: 48.1%
  • Workdays running too long: 39.1%
• Pay and company performance was ranked far lower as factors in employee burnout:
  • Working conditions / company culture: 23.3%
  • Inadequate pay: 22.5%
  • Lack of career advancement: 21.2%
  • Poor company performance: 16.3%

“We want every member of our global team to have the space they need for their priorities across work and life, and to reduce fatigue from notifications and meetings as much as humanly possible,” said Adrian Osman, COO, and Co-founder at Mr. Yum. “Reclaim has been indispensable in helping our team manage their time effectively -- and now with Scheduling Links, the power of better scheduling and productivity will be accessible for everyone in the coming years.”

About Reclaim.ai

Reclaim.ai is an intelligent calendar assistant and time management platform for Google Calendar used by over 14,000 companies worldwide including Grafana, Shape Therapeutics, Postman, Mr. Yum, Calendly, and more. In addition to helping busy professionals make time for their important work, Reclaim issues quarterly productivity trends reports that highlight how teams are optimizing their workweeks in the modern workplace. To learn more, please visit https://reclaim.ai/.