myComply Closes $4.5M Seed Funding Round

myComply Logo (CNW Group/myComply)

myComply, a Saskatoon, SK, Canada-based provider of an IoT technology and cloud-connected software for the construction industry, raised $4.5M in Seed funding.

The seed round consists of $1.5M USD in non-dilutive government grants/investment and $3M USD from private investors.

The company intends to use the funds to support go-to-market functions to accelerate demand and assist the rollout of numerous enterprise launches with some of the globe’s top builders, to expand the team while offering enhanced support to its existing client-base.

Led by CEO Mark Wolff, myComply is a technology platform that ensures construction site compliance and provides workforce data on-demand via IoT hardware. The platform combines intelligent hardware with software to verify safety training and enable contractors to reduce risk on construction sites. To date, over 6,000 contractors across the globe have used myComply to ensure that all workers on the job meet site standards and are properly onboarded.

The company has US operations in Manhattan, NY.