Invest in Humble Works: Revolutionizing Remote Work Productivity with $1.2B Backed by Top VCs

Meet Humble Works, a revolutionary technology company that's redefining remote work productivity by empowering employees to move and stay productive throughout the day.

1. Welcome to Pitch.Tech, a platform showcasing innovative startups in Silicon Valley.
2. Introduction of Tah N, co-founder of Storm Ventures, with $1.2 billion raised and 12 unicorn companies including Maretto and Vado.
3. Introduction of John Willie, three-time founder and Stanford professor teaching cs22 24g, a popular class about building applications using large language models.
4. Pitch.Tech focuses on startups utilizing disruptive technologies to create innovations in the tech domain.
5. Introducing Humble Works, a startup founded by a team from the UK now based in San Francisco, working on solving a problem costing the world around a trillion pounds.
6. The focus is on the 145 million remote employees in the UK, EU, and US, with 88% of managers believing their teams are not as productive as they could be.
7. Humble Works aims to increase productivity by 17% and reduce sick days by 25% through an adaptive ecosystem that encourages movement during the workday.
8. The 17% improvement in productivity is measured using the Humble Works app, which provides a manager's report with buffered and anonymized data.
9. The revenue model includes charging £119 per employee annually for access to the full Humble Works Suite (standing desk, workstation, Rochester, and Humble Works app).
10. In year two, granular data is provided in real-time through the manager dashboard, helping optimize the entire workday.
11. By year three, an AI manager will be available to supplement or replace managers in some cases, with entire teams managed through an AI dashboard.
12. The goal is to eventually take on the insurance industry using granular data gathered on health indicators related to sitting all day.
13. In year one, employers can save £1,400 per employee; £1,680 in year two; and £2,600 in year three by reducing health insurance, productivity loss, and sick days.
14. The Humble Works standing desk generated £1 million in sales at the end of 2023, leading to a pivot towards movement as a bigger play.
15. Investors are interested in timelines for achieving goals with the £2 million investment.
16. In year one, Humble Works aims to build an AI manager dashboard and environment scan using data gathered from movement.
17. The AI manager dashboard will provide a framework for optimal working based on gathered data.
18. Concerns are raised about the acceptability of changing user behavior through options like standing or sitting, as well as potential "nag" screens encouraging movement.
19. Humble Works acknowledges that standing desks alone aren't enough and has pivoted towards creating behavioral change using metrics like mood, move, and productivity.
20. The goal is to establish a baseline for users before introducing the Humble Works Suite, then measuring improvements in productivity over three weeks.
21. Currently, the focus is on market penetration and encouraging movement by incorporating walking meetings into daily routines.
22. Humble Works aims to change the status quo of homogeneous work environments with expensive ergonomic chairs.
23. The pitch could benefit from more tangible statistical evidence during Q&A sessions to support claims made in the presentation.
24. Humble Works plans to differentiate itself from standing desk companies, focusing on technology and presenting their offerings as a tech solution rather than just a standing desk provider.

Source: EO via YouTube

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