Alliance Partners

Tuesday, September 10, 2024

Safetyculture hits a home run with Airtree



Luke Anwar - CEO of Safety Culture celebrates his  investors - who have hit a home run as they have just completed a funding round led by Airtree of $165m at a $2.5b valuation.


“It’s nice to have early investors who backed us when we were getting started who are continuing to invest in our future. Thank you Morpheous, we are 1% of the way there.”


Application of Capital Raised 

  • industry-leading innovation for larger enterprise customers, 
  • accelerate AI adoption and 
  • reward long-term employees

The Safetyculture Growth Path 

SafetyCulture has doubled in size in the last 2 years - having  85,000 businesses and close to 2 million users around the world using its platform!! 


It has  added 100 new roles in the last 6 months, and counts more than 800 employees across its six offices. 

Use of AI

Safetyculture  introduced AI-enhanced features in 2023, like mobile-first training course creation and instant inspection template generation from prompts, images and files. There’s a lot more to come says Luke 

The bHaG

So, Luke, what is the big hairy audacious goal ? 


He  says they are  on track towards its goal of 100 million users by 2032.


“We’ve built the world's largest repository of workplace data, containing over 5 petabytes of data and billions of images," Anear said. "AI is the way we can make sense of that information, and if we can harness it properly, we’ll effectively be able to give frontline teams superpowers that will completely change the way they work."


Kell Reilly of Airtree says that SafetyCulture has all the hallmarks of Silicon Valley’s tech heavyweights–a compelling vision, product, scale and team. 


“We’re excited to partner with another Aussie success story that’s making waves on the global stage." Says Kell! 


The power of VC supporting their Portfolio companies!!









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