1337 Ventures has invested in Betterteem Technologies, Inc., a Philippine-based business intelligence platform that leverages artificial intelligence (AI) to predict and mitigate employee resignations while enhancing workplace satisfaction.
This strategic investment underscores 1337 Ventures’ commitment to supporting innovative startups that drive meaningful impact in their industries.
Betterteem’s innovative platform analyzes unstructured data from over 200 enterprise systems—including compensation, performance reviews, and productivity metrics—to deliver actionable insights with 88% accuracy and 74% precision. By addressing resignation risks early, the platform empowers business leaders to retain top talent and improve overall workplace dynamics.
In addition to predictive analytics, Betterteem offers integrated employee assistance programs for mental health support and flexible benefits functionality, enabling companies to personalize offerings and boost employee satisfaction.
Bikesh Lakhmichand, CEO & Founding Partner of 1337 Ventures, shared his excitement about the potential of Betterteem:
“Betterteem addresses one of the most critical pain points in business with a unique blend of predictive analytics and mental health support. Their innovative approach has already gained traction across multiple countries, and we believe they are well-positioned to make a global impact. We’re thrilled to partner with Bo and his team on this journey.”
Founded by Bo Discarga, Betterteem has secured clients in Thailand, Singapore, South Korea, and the Philippines. The startup also gained recognition as the regional winner for the Philippines in the Startup World Cup, earning the chance to compete for $1 million in Silicon Valley this October. Its achievements include securing funding from the South Korean government and being named runner-up in the 2024 Pazhou AI competition in China.
Bo Discarga, Founder and CEO of Betterteem, expressed his enthusiasm:
“At Betterteem, our mission is to equip business leaders with data-driven insights to navigate the complexities of talent management and retention. Partnering with 1337 Ventures marks a pivotal moment for us, providing the resources and expertise needed to enhance our technology and expand our impact.”
Bikesh Lakhmichand, Founding Partner at 1337 Ventures, highlighted the firm’s commitment to early-stage startups: “At 1337 Ventures, we are dedicated to bridging the gap for early-stage startups and ensuring a steady flow of seed-level investments. By backing promising startups like Betterteem, we aim to build a strong pipeline of successful companies that can attract further funding and scale to new heights.”
Betterteem’s inclusion in the portfolio aligns with the fund’s focus on nurturing startups from 1337 Ventures’ Alpha Startups™ and Pitch Tuesday initiatives, demonstrating the firm’s commitment to fostering innovation across industries.
Startups looking for venture capital funding and strategic guidance can secure a spot at 1337 Ventures’ flagship Pitch Tuesday session. Pitch to us virtually in a 30-minute session at https://1337.ventures/pitch-tuesday.
