Growbot
INSTANT FEEDBACK FOR THE NEXT GENERATION
A N G E L . C O / T R Y G R O W B O T
F O U N D E R S @ G R O W B O T . I O
PERFORMANCE REVIEWS ARE LIKE
A
STALE & EXPENSIVE FEEDBACK
SANDWICH
A N G E L . C O / T R Y G R O W B O T
F O U N D E R S @ G R O W B O T . I O
GROWBOT DELIVERS THREE FORMS OF FEEDBACK
APPRECIATION
COACHING
EVALUATION
PROPS
TIPS
SURVEY
A N G E L . C O / T R Y G R O W B O T
F O U N D E R S @ G R O W B O T . I O
Growbot: Hi Jeremy. Did any of your coworkers Delight you
today? If so, give them Props
Props @someone doing something awesome today #general
Props @joseph getting Vungle on latest instance of 360m
#development
Tips @justin Give the customer time to voice their pain.
Solution
ENGAGE WITH EMPLOYEES IN REAL-TIME
That’s great! I’ll deliver your Props to Joseph. Now, is there
anyone who could use a Tip?
• Tips @someone you should focus on communication to go from
good to great!
Thanks for that!
You have a new Survey request from @justin
How would you rate performance over the past 3 months?
Respond with undo to cancel
Edit online @wegrow.trygrowboth.com/s/119/review
A N G E L . C O / T R Y G R O W B O T
F O U N D E R S @ G R O W B O T . I O
POWERFUL PEOPLE ANALYTICSCOMPANYVALUES
EMPLOYEE ENGAGEMENT– 70%
-
+
80
60
40
20
0
1 5 10
A N G E L . C O / T R Y G R O W B O T
F O U N D E R S @ G R O W B O T . I O
M O R E F E E D B A C K
+125%
INCREASE IN
FEEDBACK
EXCHANGED
“It’s crazy how much time
this saves. Set up once
and collect data every 2
weeks automatically. And
teams actually like it!”
VP OF ENGINEERING @
ENGAGEMENT EXAMPLE — VUNGLE
L E S S T I M E
18 HOURS
TIME SAVED
EACH MONTH
PER MANAGER
A N G E L . C O / T R Y G R O W B O T
F O U N D E R S @ G R O W B O T . I O
TRACTION
A N G E L . C O / T R Y G R O W B O T
F O U N D E R S @ G R O W B O T . I O
TRACTION
0.63
0.5
0.38
0.25
0.13
0
J U N E J U L Y A U G U S T S E P T E M B E R O C T O B E R N O V E M B E R
L A U N C H E D
O N S L A C K
M V P
F I R S T
C U S T O M E R !
E N G A G E M E N T
U P 1 2 5 %
P R E M I U M
H R
C O M M A N D S
P U B L I C
L A U N C H
5 5 % M O N T H L Y
A C T I V E U S A G E
7 % W E E K O V E R
W E E K N E W U S E R
G R O W T H
A N G E L . C O / T R Y G R O W B O T
F O U N D E R S @ G R O W B O T . I O
GROWBOT’S BUILDERS
J E R E M Y V A N D E H E Y
CEO and Product
D O M A I N
E X P E R T I S E
Built HR SW products used
by over 1M businesses
J U S T I N V A N D E H E Y
CRO and Growth
C L O S I N G
E X P E R I E N C E
Closed over $25M in
Enterprise SaaS ACV
J O S E P H E S T R A D A
CTO and Engineering
T E C H N I C A L C H O P S
Built messaging app,
MessageMe (acq. Yahoo!)
A N G E L . C O / T R Y G R O W B O T
F O U N D E R S @ G R O W B O T . I O
THANK YOU!
C O N T A C T I N F O
A N G E L . C O / T R Y G R O W B O T
F O U N D E R S @ G R O W B O T . I O

500’s Demo Day Batch 14 >> Growbot

  • 1.
    Growbot INSTANT FEEDBACK FORTHE NEXT GENERATION A N G E L . C O / T R Y G R O W B O T F O U N D E R S @ G R O W B O T . I O
  • 2.
    PERFORMANCE REVIEWS ARELIKE A STALE & EXPENSIVE FEEDBACK SANDWICH A N G E L . C O / T R Y G R O W B O T F O U N D E R S @ G R O W B O T . I O
  • 3.
    GROWBOT DELIVERS THREEFORMS OF FEEDBACK APPRECIATION COACHING EVALUATION PROPS TIPS SURVEY A N G E L . C O / T R Y G R O W B O T F O U N D E R S @ G R O W B O T . I O
  • 4.
    Growbot: Hi Jeremy.Did any of your coworkers Delight you today? If so, give them Props Props @someone doing something awesome today #general Props @joseph getting Vungle on latest instance of 360m #development Tips @justin Give the customer time to voice their pain. Solution ENGAGE WITH EMPLOYEES IN REAL-TIME That’s great! I’ll deliver your Props to Joseph. Now, is there anyone who could use a Tip? • Tips @someone you should focus on communication to go from good to great! Thanks for that! You have a new Survey request from @justin How would you rate performance over the past 3 months? Respond with undo to cancel Edit online @wegrow.trygrowboth.com/s/119/review A N G E L . C O / T R Y G R O W B O T F O U N D E R S @ G R O W B O T . I O
  • 5.
    POWERFUL PEOPLE ANALYTICSCOMPANYVALUES EMPLOYEEENGAGEMENT– 70% - + 80 60 40 20 0 1 5 10 A N G E L . C O / T R Y G R O W B O T F O U N D E R S @ G R O W B O T . I O
  • 6.
    M O RE F E E D B A C K +125% INCREASE IN FEEDBACK EXCHANGED “It’s crazy how much time this saves. Set up once and collect data every 2 weeks automatically. And teams actually like it!” VP OF ENGINEERING @ ENGAGEMENT EXAMPLE — VUNGLE L E S S T I M E 18 HOURS TIME SAVED EACH MONTH PER MANAGER A N G E L . C O / T R Y G R O W B O T F O U N D E R S @ G R O W B O T . I O
  • 7.
    TRACTION A N GE L . C O / T R Y G R O W B O T F O U N D E R S @ G R O W B O T . I O
  • 8.
    TRACTION 0.63 0.5 0.38 0.25 0.13 0 J U NE J U L Y A U G U S T S E P T E M B E R O C T O B E R N O V E M B E R L A U N C H E D O N S L A C K M V P F I R S T C U S T O M E R ! E N G A G E M E N T U P 1 2 5 % P R E M I U M H R C O M M A N D S P U B L I C L A U N C H 5 5 % M O N T H L Y A C T I V E U S A G E 7 % W E E K O V E R W E E K N E W U S E R G R O W T H A N G E L . C O / T R Y G R O W B O T F O U N D E R S @ G R O W B O T . I O
  • 9.
    GROWBOT’S BUILDERS J ER E M Y V A N D E H E Y CEO and Product D O M A I N E X P E R T I S E Built HR SW products used by over 1M businesses J U S T I N V A N D E H E Y CRO and Growth C L O S I N G E X P E R I E N C E Closed over $25M in Enterprise SaaS ACV J O S E P H E S T R A D A CTO and Engineering T E C H N I C A L C H O P S Built messaging app, MessageMe (acq. Yahoo!) A N G E L . C O / T R Y G R O W B O T F O U N D E R S @ G R O W B O T . I O
  • 10.
    THANK YOU! C ON T A C T I N F O A N G E L . C O / T R Y G R O W B O T F O U N D E R S @ G R O W B O T . I O

Editor's Notes

  • #2 A LOT OF PEOPLE KNOW US AS A SLACK BOT FOR APPRECIATION AND FEEDBACK. BUT WHAT WE’RE BUILDING IS THE PERFORMANCE MANAGEMENT PLATFORM FOR THE NEXT GENERATION WORK FORCE.
  • #3 FOR EVERYONE HERE THAT’S MANAGED PEOPLE OR BEEN MANAGED AND HAD TO DELIVER FEEDBACK, I’M SURE YOU’RE FAMILIAR WITH THE CONCEPT OF THE FEEDBACK SANDWICH. PERFORMANCE REVIEWS ARE LIKE A STALE, EXPENSIVE FEEDBACK SANDWICH. DATA IS STALE BECAUSE IT’S COLLECTED QUARTERLY, NOT DAILY. WORST OF ALL, COMPANIES SPEND SEROIUS CAPITAL AND TIME EACH YEAR ON THIS PROCESS. THE AVERAGE MANAGER SPENDS 200 HOURS EACH YEAR PROCESSING THESE REVIEWS. LAST YEAR ACCENTURE, SPENT $32,000,000 ON THEIR ENTIRE PERFORMANCE REVIEW PROCESS AND ABANDONDED THE PROCESS ENTIRELY BECAUSE IT DOESN’T WORK! THE NEXT GENERATION WORKFORCE EXPECTS REAL-TIME FEEDBACK. THIS IS WHY WE BUILT GROWBOT
  • #4 GROWBOT INTEGRATES WITH THE REAL-TIME MESSAGING TOOLS THAT EMPLOYEES ALREADY USE TO COMMUNICATE (SLACK, HIPCHAT, AND YAMMER) TO COLLECT AND DELIVER 3 FORMS OF FEEDBACK: APPRECIATION (PROPS), COACHING (ANONYMOUS PEER-TO-PEER FEEDBACK) – TIPS, AND EVALUATION (AUTOMATING OF THE PERFORMANCE REVIEW.
  • #5 THIS IS A PERFORMANCE REVIEW HAPPENING, AUTOMATICALLY, IN REAL-TIME, THROUGH A CONVERSATION WITH GROWBOT IN SLACK. NO FORMS, NO DRAWN OUT PROCESSES OR REMINDERS. JUST A SIMPLE CONVERSATION. GROWBOT USES KEY WORD AND SENTIMENT ANALYSIS TO RECOGNIZE WHEN EMPLOYEES NEED APPRECIATION, COACHING, AND EVALUATIONS.
  • #6 AND SURFACES REAL-TIME PEOPLE ANALYTICS ON EMPLOYEE SENTIMENT AND ENGAGEMENT LEVELS AT WORK.
  • #7 ONE OF OUR CUSTOMERS, VUNGLE SAID THAT AFTER ADOPTING GROWBOT, THEIR TEAMS INCREASED THE AMOUNT OF FEEDBACK SHARED BETWEEN TEAMS BY 125%, AND GROWBOT SAVED ALMOST 18 HOURS EACH MONTH PER MANAGER BY COLLECTING THIS DATA ON EMPLOYEE PERFORMANCE FOR MANAGERS.
  • #8 OTHER COMPANIES FEEL THE SAME WAY
  • #9 SINCE LAUNCHING GROWBOT 4 MONTHS AGO, WE’VE BEEN GROWING NEW USERS 7% WEEK OVER WEEK AND SEEING 55% MONTHLY ACTIVE USAGE OF GROWBOT.
  • #10 OUR FOUNDING TEAM CONSISTS OF TWO FORMER INTUIT PMS WHO BUILT HR SOLUTIONS AT INTUIT AND OUR CTO, JOSEPH, WAS THE LEAD ENGINEER AT MESSAGEME, WHICH WAS ACQUIRED BY YAHOO! LAST OCTOBER. MEANING WE HAVE BOTH HR AND MESSAGING EXPERIENCE NEEDED TO WIN THIS SPACE.
  • #11 IF YOU’RE TIRED OF THE STALE FEEDBACK SANDWICH THAT IS HR TECHNOLOGY AND THE PERFORMANCE REVIEW, AND READY TO HELP COMPANIES BEGIN TO HAVE VALUABLE DEVELOPMENT CONVERSATIONS IN REAL-TIME WITH GROWBOT, COME TALK TO US