Performance reviews eat up a lot of a manager’s time and are often the most dreaded part of work. OnLoop aims to bring some joy into the process by enabling information-gathering to happen behind the scenes and be easier for hybrid workforces.

OnLoop has also raised a US$5.5 million initial investment, which the company says will accelerate its vision in building the “best product for hybrid teams fueled by its unique AI-written performance summaries in partnership with OpenAI’s GPT-3, hiring the best talent across all functions, and allowing the company to scale with more customers through deeper product adoption and strategic partnerships”.

Sources:

• https://techcrunch.com/2021/09/16/onloop-launches-with-2m-to-inject-some-fun-into-performance-reviews/
• https://itwire.com/market/onloop-out-of-beta,-now-launched.html