March 26, 2024, 10:01 p.m.
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Brief news summary

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A tech company based in Richmond has introduced an AI tool for blue-collar workers. Rising Tide has developed a subscription-based software aimed at enhancing the productivity and knowledge retention of employees in service industries like delivery firms and home repair companies. The company recently secured $650, 000 in investor funding to expand its team. Rising Tide's software creates online toolkits comprising employee-generated videos and audio files, accessible through a mobile app, allowing workers to gain knowledge about various aspects related to their jobs. The company utilizes artificial intelligence to replicate and distribute the expertise of experienced workers.

The software also incorporates blockchain technology to create a permanent and accessible database for records. Rising Tide aims to tap into the untapped market of blue-collar workers with its productivity-enhancing technology. Currently, the company has around 15-20 businesses subscribed to its service. Rising Tide plans to raise a future $2. 5 million capital round and expand its team to 10 employees by June. Established in 2022, Rising Tide originated in the last-mile delivery sector before branching out into other service industries.


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