Neotribe Ventures Backs Pangeam's Mission to Help Companies Transform Their Office Into a More Intelligent, Productive, and Enjoyable Work Environment

Neotribe Ventures is very excited to back Pangeam, the first AI platform built to measure and improve workplace metrics across dimensions that include - but go well beyond - utilization. Pangeam measures how employees interact with physical spaces, evaluates how well these environments support their needs, and provides actionable recommendations for improvements.

At Neotribe, we employ a dual-path approach to investment decisions: the ‘fast path’ and the ‘slow path.’

The fast path is our initial intuition or gut reaction to a startup pitch. It’s the immediate excitement – or lack thereof – that drives us to pursue the next meeting. This reaction is based on first impressions, the presence of the founders, our understanding of the problem, and initial assessments of the product or technology.

The slow path involves developing a deeper conviction over time. This includes thorough research, customer discovery, and a comprehensive understanding of market and competitive dynamics.

Sometimes our fast and slow paths align perfectly. Sometimes they don’t. Our decision to lead Pangeam’s Seed financing was an example of the ladder.

Upon first hearing Pangeam’s investor pitch, our team was intrigued but cautious. Pangeam’s platform collects multi-dimensional data points within the workplace, providing a holistic view of space utilization (e.g., collaboration, queuing, solo work) and suggests improvements to enhance productivity, employee wellness, and efficient capex use.

It sounded almost too good to be true.

Could Pangeam’s technology truly inform a Head of HR or Real Estate about how spaces are utilized beyond mere occupancy counts? Are companies actually seeking this level of detailed information for their back-to-office strategies and beyond? Can Pangeam’s recommendations significantly boost employee productivity and experience, or save millions of dollars through better team-environment fit and office buildout decisions?

Our initial skepticism was addressed through direct feedback from potential and existing customers. The answers were unequivocally positive. Yes, Pangeam can identify whether employees are queuing, collaborating, or doing focused work. Yes, companies are eager for this level of insight to make better capital decisions regarding their real estate portfolios. And yes, Pangeam’s recommendations can transform how organizations design their physical spaces, enhancing employee experience and productivity.

As we delved deeper into Pangeam’s technology, its impressive clientele, and growing customer interest, our slow-path research solidified our belief in its potential.

Our confidence in Jeremy Moultrup, Pangeam’s CEO, was a decisive factor. Jeremy’s unique blend of expertise in architecture, leadership, customer focus, and technology makes him an exceptional leader and spokesperson for Pangeam.

We are incredibly excited to have led Pangeam’s Seed financing round earlier this year and look forward to seeing more companies discover how Pangeam can revolutionize their work environments.

Welcome to the Neotribe family, Pangeam!