US-based venture capital firm Insight Partners has led a US$73 million (A$95m) investment into workplace safety venture that nearly doubles the value of the startup to US$1.6bn (A$2.1m). The deal comes just a fortnight after Insight was the sole backer of Brisbane software startup Octopus Deploy in a US$172.5 million (A$220m) round. Existing invest Tiger… Read more »
SafetyCulture just raised another $49 million so staff and investors can cash in on the unicorn’s growth
Workplace checklist app developer SafetyCulture has raised another $48.6 million just since six months after a $60.5 million round as early investors and staff cash in on the increasing worth of the company, now valued at more than $1.3 billion. Less than a third of the funds, $14 million, were invested as equity. Blackbird Ventures… Read more »
Workplace tech platform SafetyCulture has made its first acquisition, taking over mobile training startup EdApp in a deal that values the business at $40 million. SafetyCulture, most recently valued at $1.3 billion following a $60.5 million raise, has invested $9 million in five-year-old EdApp in recent years, including $1 million convertible note in early 2020.… Read more »
‘Growth’ is the buzzword of 2018 among startups, yet defining and executing it is where the real conversation is.
Townsville-founded startup SafetyCulture has raised $60 million in a Series C round led by New York firm Tiger Global Management, with participation from existing investors including Blackbird Ventures, Index Ventures, and Atlassian cofounder Scott Farquhar. With the startup last having raised a $30 million Series B in October 2016, the fresh funding brings the total… Read more »
Looking to take its company culture to the next level as it scales up is Airtasker, which recently appointed Mahesh Muralidhar as its new Head of People Operations.
Townsville startup SafetyCulture has today announced a $30 million Series B round led by international venture capital firm Index Ventures. The investment comes as the second largest funding round secured by an Australian tech startup this year, following a $41 million raise by BigCommerce in June.
Townsville tech company SafetyCulture has announced that it has secured $6.1 million in its oversubscribed Series A round of funding – most of the investors in this round are existing shareholders. The latest round brings the total amount of funds raised by the startup to just under $11 million, with investors including Bill Tai, Blackbird Ventures and Farquhar, who is also a backer of Blackbird.
The growth of the iAuditor, SafetyCulture’s flagship smartphone app in the beginning was organic and viral, garnering hundreds of thousands of downloads and at the time, and was being used over 25,000 times a day by workers right across the globe.