About Textio
Textio provides tools that help managers set clear expectations and give useful feedback to their teams. Their products use artificial intelligence to analyze and improve communication, making it easier for managers to enhance team performance. Unlike many competitors, Textio focuses specifically on the needs of managers and offers a subscription service that allows organizations to access their tools. The goal of Textio is to improve managerial efficiency and support better team dynamics across various industries.
Seattle, WashingtonHeadquarters
2014Year Founded
$41.8MTotal Funding
EARLY_VCCompany Stage
Enterprise Software, AI & Machine LearningIndustries
51-200Employees
Benefits
Family medical, dental, & vision insurance
Free professional coaching
Generous leave & time off policies
Volunteer time off
Risks
Recent layoffs may affect morale and productivity at Textio.
The data breach investigation could harm Textio's reputation and lead to legal issues.
The Supreme Court ruling may impact the diversity of Textio's talent pipeline.
Differentiation
Textio uses AI to eliminate bias in hiring and performance feedback.
Textio serves over 100,000 managers from major companies like Bloomberg and Cisco.
Textio's subscription model aligns with the growing trend in the software industry.
Upsides
Textio's tools are crucial for companies focusing on diversity, equity, and inclusion.
The demand for AI-driven bias reduction tools is increasing in recruitment and feedback.
Textio's distributed team model aligns with the growing trend of remote work.
Funding
Total raised$41.83 M
Latest valuation$60.00 M
StageEARLY_VC
EARLY VC
2/29/2020$12
$60.00 M$20
$100.00 MSERIES A
11/30/2015$8
$40.00 M$2
$7.50 M