Nacho Cove has announced $1M in seed funding from angel investors with a background in IT consumerization and enterprise security.
The funding will be used to fuel product development and continued growth of NachoCove’s innovative email client Nacho Mail, which is launching in July 2015.
Nacho Mail is a mobile email client that integrates email, calendar and contacts, and adapts to its users’ needs through a powerful AI management tool. Since its beta launch just a month ago, it has already been adopted by a number of leading enterprises, including leading tech security company SafeLogic.
According to a recent study by Entrepreneur magazine focusing on leaders of fortune 500 companies, email overload is a burden at all levels of an enterprise, with CEOs spending more than a quarter of their day dealing with emails. This problem is not limited to the leadership. A 2012 study by McKinsey Global Institute revealed that knowledge workers also spend more than a quarter of the day reading and answering email. The average daily number of emails increased from 70 in 1998 to greater than 125 in 2014. Overflowing inboxes are leading to higher levels of inefficiency and miscommunication at all levels of an enterprise.
Nacho Mail eliminates email inefficiency by intelligently organizing all communication and action items in order to optimize productivity. The product acts as an assistant that sorts through all emails that are sent and received everyday. It then prioritizes these emails and actions in a user’s “Hot-List” to ensure that important messages do not get overlooked or forgotten, and that important chains of communication are preserved. Nacho Mail also empowers employees to be 100% productive while on their smartphones through its suite of mobile features, which includes tight integration between email and calendar.
“I never thought I would come to rely on email the way I am able to rely on Nacho Mail. I send a note to one of my employees, specify the intent that ‘Action is Required’ and the due date. I can just forget about it, because I know my team will see the message and clearly understand what I need, and when. This has saved us many hours of searching for requests, or wading through messages to find out why a message was sent,” said SafeLogic CEO, Ray Potter.
Nacho Mail is also easy to integrate, because it leverages the communication infrastructure that already exists within companies. It is a scalable, seamless, and easy-to-use solution to email overload.
“Email has become so overwhelming that often time critical communications are lost,” said Chris Perret, CEO of Nacho Cove. “Nacho Mail has made it easy to specify why you are sending a message and the expected outcome and timeline. Employees and leaders can rely on their email to ensure that important tasks and communications are easily understood and met.”
