SafetyCulture Completes AUD$60M Series C Funding Round

SafetyCulture, a Sidney, Australia-based workplace solutions tech company, raised AUD$60M in Series C funding.

The round was led by Tiger Global Management with participation from Blackbird Ventures, Index Ventures, Morpheus Ventures and Scott Farquhar (co­founder at Atlassian).

The company, which has raised a total of $98m and is now valued at $440m, intends to use the funds to accelerate its global go-­to-­market expansion,
build out its product and engineering teams in Australia, and invest in new areas such as internet of things (IoT) and workplace training.

Led by founder and CEO Luke Anear, SafetyCulture provides a checklist app, called iAuditor, which allows teams to improve safety and quality in the workplace by reporting safety issues and non­compliances as they happen.
Companies using iAuditor  –  which include Coca­Cola, Coles, Ausgrid, BHP Billiton and Qantas  –  can create smart checklists, conduct on­site inspections, analyze data and share insights in real time.
The company also recently released its second app, Spotlight, which is an incident reporting app that allows teams to act immediately, with real time alerts for incidents, hazards and near­misses.

SafetyCulture now has more than 200 staff with operations in Australia, the US, the UK and the Philippines.

FinSMEs

24/05/2018

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