eCompliance, a Toronto, Canada-based workplace safety SaaS business, received a £25m/CAD$40m majority investment from Alcumus Holdings Limited, a UK-based software-led risk management solution provider.
The company will operate as the North American arm of Alcumus, providing access to the North American market for an expanded portfolio of Alcumus products, as well as accelerating investment in its core product.
Led by CEO Adrian Bartha, who will continue to lead the business, eCompliance provides SaaS based safety software for improving worker participation and strengthening safety culture.
The mobile app connects the workforce with head office, creating a two-way conversation so safety leaders can make faster, fact-based decisions and executives gain a view of risk across their company.
The company operates out of Canada, with headquarters in Toronto and an office in Calgary.