The company was founded in 2011 by CEO Ryan Fuller, and Chris Brahm, a senior partner and director at Bain & Company.[citation needed]
In April 2013, the company raised $3.3M (~$4.37million in 2024) in series A funding from Shasta Ventures.[2]
In August 2014, VoloMetrix publicly announced that it had filed a patent for its proprietary technology and associated metrics.[3]
In October 2014, VoloMetrix announced a series B funding round with Shasta Ventures and Split Rock Partners that raised $12 million.[4][5]
In September 2015, Microsoft announced that it had acquired the company, but did not disclose the amount.[4] The acquisition was made to improve existing Microsoft offerings, such as Microsoft Office 365 and Microsoft Delve.[6][7]
VoloMetrix's key organizational metrics include Organizational Load Index (OLI), Fragmentation, Network Efficiency Index, and other measures aimed at improving employee performance. Metrics provided by VoloMetrix include:
Organizational Load Index: number of hours a person consumes from the rest of the organization based on meetings they organize and emails they send
1:1 Manager Interactions: number of hours per week spent in meetings involving only an individual and the individual's direct supervisor during a given time period
Time in Meetings: number of hours per week spent in meetings during a given time period
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