Luke Anear, Founder and CEO of SafetyCulture, a Sydney-based global operations platform which empowers working teams to drive improvements in the workplace, raised $73m at a $1.6 billion valuation.
The round was led by Insight Partners, with participation from existing investors Tiger Global, Index Ventures and Blackbird.
The funds will b use to expand the business as it continues to evolve from a checklist app into an operations platform for working teams.
What it does
Safety Culture provides a mobile operations platform that leverages the power of human observation to identify issues and opportunities for businesses to improve everyday life.
The Story
While working in a workers comp business - Luke wondered, why are all these people getting injured at work in the first place? Surely, there should be a way to make workplaces safer?
For the first 9 years, the business grew slowly to around $300K revenue a year as, as Luke freely admits, “no one really used our products, which was a safety training platform and then some document management systems.”
In 2019 the business turn over was more than $100M with 300 staff in 5 offices (including one each in Kansas, Manchester and Manila).
Today, More than 28,000 organisations use its flagship products, iAuditor and EdApp, to perform checks, train staff, report issues, automate tasks and communicate fluidly.
The platform has over 1.5M users in more than 85 countries.
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