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Venture Capital News: Mosaic Raises $4M

2021-06-03
NEW YORK, NY, Mosaic announced today it has raised $4 million to drive its AI-powered SaaS platform that is modernizing resource management.
Mosaic helps project-based companies maximize the efficiency of their workforce by automating the planning, management, and tracking of time - their most valuable resource. Its patented AI suggests projects for people to work on, puts together project teams based on skills and other data points, and automatically updates work plans as things change.

Led by Las Olas Venture Capital, with participation from Ocean Azul Partners, ff Venture Capital, Tensility Venture Partners, and Entrepreneurs Roundtable Accelerator, the round of funding will allow Mosaic to expand its data science capabilities and provide all companies with visibility into their workforce.

Mosaic is a SaaS platform that helps companies maximize their efficiency and profitability by automating the planning, management, and tracking of time. Their patented AI dynamically updates people's work plans to optimize who works on what and when. Mosaic's dashboard provides real-time actionable insights about how the team is performing and the health of the business.
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