AI-for-management Startup Raises $2.4M

10/11/17

Humans are bad at a lot of things. We’re good at plenty, also, but sometimes it helps to have some tips from our data-infinite robot friends.

That’s (more or less) the premise of Butterfly.ai, a Greenpoint-based app founded by three European ex-pats who want to help companies save money by having people not quit in a rage quite so often. The company announced a $2.4 million raise Monday, led by venture fund Daphni.

“The additional investment will be used to support growing client demand—both on the product side as well as the customer success and support side,” CEO and cofounder David Mendlewicz wrote in an email. “We’ll be making some key hires over the next several months and evolving our product to further our aim of bringing powerful, custom leadership training to every manager.”

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