Web Analytics

3 Latest Announced Rounds

  • $3,500,000
    Seed

    1 Investors

    Technology, Information and Internet
    Dec 20th, 2024
  • $5,619,170
    Series B

    1 Investors

    Research Services
    Dec 20th, 2024
  • $8,000,000
    Unknown

    5 Investors

    Computer & Network Security
    Dec 20th, 2024
$671.88M Raised in 44 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Protiv

start up
United States - New York, New York
  • 09/04/2024
  • Pre-Seed
  • $2,400,000

Protiv inspires human potential.

Employers are struggling to attract/retain the best workers and those workers are not reaching their full potential. In construction alone, there are estimated to be 1M too few workers, for growing demand.

To make it worse, employees within traditional hourly pay systems do not reach their maximum productivity. Employees are not really inspired and there is a lack of alignment between compensation and company KPIs. The result is lower productivity, lower wages, lower profits, delayed project completion and higher turnover.

We help owners of construction sub-contractors, home services companies, and other businesses with hourly workers, to attract talent, linking higher wages to performance, without increasing labor costs.

With Protiv, your employees are motivated to do high quality work, without wasted time. Employees are issued a "ProPay" for a job, which is a fixed "piece-rate" amount paid when job is complete, to quality standards. The less time they waste, the more they make. The improvement in productivity reduces the overall labor costs for employers. The best employees make more money, even as your average labor costs go down.

- Clients are routinely able to increase hourly wages by 10%, while maintaining or even reducing labor costs.
- Clients create significantly more capacity, as teams finish jobs an average of 15% faster.
- Attract the best talent by offering higher compensation to top performers
- Keep your best team members happy with bonuses they cannot get elsewhere

Employees earn more, by eliminating wasted time and by meeting KPIs like safety.
The ProPay amount is converted to their hourly wage correctly (and legally), then paid on their normal paycheck. The system works for both individuals and teams.

Contact Protiv today to see how we can help your company pay higher wages without increasing labor costs, improve quality and retain your best employees.

email - michael@protiv.com


Related People

David Franco-JulianFounder

David Franco-Julian United States - Brooklyn, New York

Hi there, I'm David Franco-Julian, the founder and CEO of Protiv. I'm on a mission to revolutionize the way hourly workers are compensated, and I couldn't be more excited about it.

You see, traditional hourly pay systems just don't cut it. Employees aren't inspired, and there's a disconnect between compensation and company goals. The result is lower productivity, lower wages, and higher turnover. But I knew there had to be a better way.

That's why I created Protiv, the first software of its kind that better incentivizes hourly workers. With Protiv, workers are motivated to do high-quality work, while finding ways to save time. We take contractors' labor budgets and create a target for workers to beat. The workers earn the difference of the budget and what was actually spent as a bonus. We have seen output go up over 25%. The more time saved, the more workers earn. And the best part? Employers are increasing hourly wages on average 18.5% while maintaining or reducing labor costs.

I'm proud to say that Protiv is making a real impact. Our clients are able to create significantly more capacity, as teams finish jobs an average of 20% faster. And by linking higher wages to performance, they're attracting the best talent and keeping their best team members happy.
I believe that every worker deserves to be fairly compensated for their hard work. That's why I created Protiv, to inspire human potential and help workers earn more by eliminating wasted time and meeting KPIs like safety.

If you're looking to boost productivity, reduce labor costs, and retain top talent, I invite you to join me on this journey. Let's work together to make a difference in the lives of hourly workers everywhere.