SafetyCulture, based in Manchester, has secured £85M to advance its AI-powered solutions and accelerate global expansion.
The funding, led by Airtree Ventures, marks a significant step in SafetyCulture’s journey, supporting its extensive growth plans.
SafetyCulture, a Manchester-based global technology firm, has successfully raised £85M in its latest funding round. This significant investment, led by Airtree Ventures with support from Blackbird and Morpheus Ventures, will be channelled towards expanding its AI-powered solutions. With a focus on enhancing capabilities for enterprise customers, the funding marks a critical step in SafetyCulture’s growth trajectory.
Founder and CEO Luke Anear emphasised the transformative potential of AI for frontline workers. “We’ve only scratched the surface when it comes to transforming frontline work,” he noted, highlighting AI’s capability to convert vast data into actionable insights.
The company’s platform manages impressive metrics, conducting over a billion checks and delivering substantial insights annually. Such statistics underscore SafetyCulture’s capability to drive substantial changes across industries.
This investment is a testament to SafetyCulture’s potential to disrupt traditional workplace safety protocols. With an eye on larger enterprise markets, the company is strategically positioned for growth.
SafetyCulture’s commitment to rewarding employees through this funding round is striking. Long-term employees are set to benefit from equity rewards, an initiative designed to enhance engagement and retention.
In doing so, SafetyCulture aims to offer what Anear describes as “superpowers” to its users, enhancing the work environment significantly.
The company’s continued focus on AI-enabled technology ensures it remains at the forefront of workplace safety advancements.
SafetyCulture’s recent funding is pivotal in its journey towards global expansion and AI innovation. With strategic investments and an unwavering commitment to employee growth, the company is set to redefine workplace safety on a grand scale.
SafetyCulture’s strategic funding round underscores its commitment to growth and innovation.
With new technological advancements and an enhanced global footprint, the company is poised to transform workplace safety paradigms.
