Two former Jive colleagues have teamed up to create a new SaaS (Software as a Service) tool that aims to address business productivity issues.
The two-year-old startup named Koan has received seed round from prominent tech executives and angel investors.
The service, which runs on Amazon Web Services, gives managers a dashboard for tracking goals, providing feedback, and other people-management tools – replacing spreadsheets and emails.
Matt Tucker, co-founder and CEO of Koan said,
“This is how you get your work done as a manager with your team,
The idea for Koan was born from a late-night discussion between Tucker and co-founder Arend Naylor about entrepreneurial opportunities in enterprise tech. There are lots of tools for almost every aspect of the business world, but relatively few modern tools that make the day-to-day process of managing direct reports easier”
The new tool aims to fill a gap in the market, by providing leaders small to medium-size teams be more productive. There is an abundance of collaboration tools yet relatively few that tackle this issue.