The future work platform BHyve to diffuse tacit employee knowledge and enable peer learning networks said it had raised $300,000 from the JITO Angel network along with Letsventure and other angel investors.

They are backed by 100X.In May this year, BHyve will use the freshly infused capital for marketing, boosting sales and brand building. They would also use the funds for enhancing the technology and build clientele.

Globally, this tacit knowledge represents a loss of $110 billion to global corporations every year. BHyve is a SaaS future of work platform that helps companies document tacit knowledge and enable peer learning networks, which leads to a 35 per cent increase in productivity and a 30 per cent reduction in time spent looking for information, and an engaged, future-ready workforce.

Omkar Pandharkame, an organizational psychologist, Ketaki Ogale, an MBA from Fordham University, and Vihang Mirkhelkar, who has scaled technology for high-growth startups in Silicon Valley, are the co-founders of BHyve.