Malaysia-based venture capital firm 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.
1337 Ventures said in a statement on Wednesday that this strategic investment underscores 1337 Ventures’ commitment to supporting innovative startups that drive meaningful impact in their industries.
Betterteem is an AI-driven business intelligence platform that monitors employee performance trends, detects potential signs of resignation, and predicts resignation intentions — enabling organizations to proactively address issues and ultimately helping them avoid disruptions in their business operations.
Founded by Bo Discarga, the firm has secured clients in Thailand, Singapore, South Korea, and the Philippines.
“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,” said Bo Discarga, Founder and Chief Executive Officer of Betterteem.
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 percent accuracy and 74 percent 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, the firm offers integrated employee assistance programs for mental health support and flexible benefits functionality, enabling companies to personalize offerings and boost employee satisfaction.
“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,” said Bikesh Lakhmichand, Chief Executive Officer and Founding Partner of 1337 Ventures.
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.
“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,” Lakhmichand added.