SafetyCulture, the maker of a b2b inspection checklist application referred to as iAuditor, has pulled in a $23 million Series B funding led by Index Ventures. Also participating Blackbird Ventures and Atlassian co-founder Scott Farquhar, who led its Series A spherical in 2014. Whilst the Australian-founded enterprise started out way back 2004, with a mission to overhaul safety treatments in the b2b house, its flagship product — the iAuditor application — released a lot more recently, in 2012, riding the consumerization of enterprise wave that has pushed dedicated b2b apps into the hands of a system-savvy workforce. The iAuditor application aims to switch paper-centered examine-lists for basic safety inspections, to not only velocity up checks and make them a lot more effective but also to empower organizations to centralize inspection information so it can be analyzed and benchmarked, and so that dangers can be flagged in authentic-time. “With each and every inspection conducted, the organisation gains a lot more insight,” is how CEO Luke Anear couches it, touting the “collective knowledge” created by inspection teams using the application system. Commenting on the expense in a blog site put up, Index’s Jan Hammer also talks up the “big information benchmarking opportunity” for SafetyCulture. “Ultimately, the enterprise will be in a exceptional situation to give state-of-the-art danger profiles for professional legal responsibility and workers’ comp insurance coverage centered on the exceptional proprietary datasets about its clients’ high quality and basic safety documents,” he writes. SafetyCulture offers a freemium pricing framework for its SaaS, with the iAuditor application totally free to download for person end users with a 25MB upload and download limit, and cost-programs then beginning at $9 for each thirty day period for SMEs, climbing to custom enterprise pricing aimed at businesses’ with a lot more than a hundred workforce. At this stage it has 6,000 spending prospects for its SaaS, and around a hundred,000 end users. In all it states it has enabled a lot more than 30 million basic safety and high quality inspections, title-checking the likes of Coca-Cola, British Airways and JD Sporting activities as prospects. It touts iAuditor as the “most used workplace inspection platform”, stating it facilitates one million inspections for each thirty day period at this stage. Custom made inspection lists can be constructed in the application which has a drag and drop modifying interface. There’s also a community library of ~56,000 inspection forms constructed and shared by other end users at this stage. While administrator controls lock in cloud uploading, and the SaaS system permits centralized management to make certain staff are using the most up-to-day inspection forms. Safety and high quality checking is a process that clearly extends throughout all kinds of industries, from high hazard environments this sort of as the design field all the way down to supermarkets, hotels and clothes retailers. So the scope of the opportunity listed here is a extremely sizable one. In fact, Index pegs the testing, inspection and certification current market as worth $one hundred twenty-150 billion annually — with Hammer further dubbing it a “massive and hidden market”. “Businesses need a lot more than a static paper checklist to run their functions, make certain compliance and speedily answer to purchaser needs,” he adds in a supporting statement. “SafetyCulture, by using its cell application, provides regular, standardised ordeals at a big scale. It is outpacing a escalating field with its proactive options and we believe it is perfectly-positioned to raise its field lead.” SafetyCulture’s Series B funding will be used to ramp up marketing initiatives, and for ongoing product enhancement, it reported nowadays. It’s also setting up to raise purchaser outreach and insert headcount globally to assist its advancement strategy.
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SafetyCulture, the maker of a b2b inspection checklist application referred to as iAuditor, has pulled in a $23 million Series B funding led by Index Ventures. Also participating Blackbird Ventures and Atlassian co-founder Scott Farquhar, who led its Series A spherical in 2014. Whilst the Australian-founded enterprise started out way back 2004, with a mission to overhaul safety treatments in the b2b house, its flagship product — the iAuditor application — released a lot more recently, in 2012, riding the consumerization of enterprise wave that has pushed dedicated b2b apps into the hands of a system-savvy workforce. The iAuditor application aims to switch paper-centered examine-lists for basic safety inspections, to not only velocity up checks and make them a lot more effective but also to empower organizations to centralize inspection information so it can be analyzed and benchmarked, and so that dangers can be flagged in authentic-time. “With each and every inspection conducted, the organisation gains a lot more insight,” is how CEO Luke Anear couches it, touting the “collective knowledge” created by inspection teams using the application system. Commenting on the expense in a blog site put up, Index’s Jan Hammer also talks up the “big information benchmarking opportunity” for SafetyCulture. “Ultimately, the enterprise will be in a exceptional situation to give state-of-the-art danger profiles for professional legal responsibility and workers’ comp insurance coverage centered on the exceptional proprietary datasets about its clients’ high quality and basic safety documents,” he writes. SafetyCulture offers a freemium pricing framework for its SaaS, with the iAuditor application totally free to download for person end users with a 25MB upload and download limit, and cost-programs then beginning at $9 for each thirty day period for SMEs, climbing to custom enterprise pricing aimed at businesses’ with a lot more than a hundred workforce. At this stage it has 6,000 spending prospects for its SaaS, and around a hundred,000 end users. In all it states it has enabled a lot more than 30 million basic safety and high quality inspections, title-checking the likes of Coca-Cola, British Airways and JD Sporting activities as prospects. It touts iAuditor as the “most used workplace inspection platform”, stating it facilitates one million inspections for each thirty day period at this stage. Custom made inspection lists can be constructed in the application which has a drag and drop modifying interface. There’s also a community library of ~56,000 inspection forms constructed and shared by other end users at this stage. While administrator controls lock in cloud uploading, and the SaaS system permits centralized management to make certain staff are using the most up-to-day inspection forms. Safety and high quality checking is a process that clearly extends throughout all kinds of industries, from high hazard environments this sort of as the design field all the way down to supermarkets, hotels and clothes retailers. So the scope of the opportunity listed here is a extremely sizable one. In fact, Index pegs the testing, inspection and certification current market as worth $one hundred twenty-150 billion annually — with Hammer further dubbing it a “massive and hidden market”. “Businesses need a lot more than a static paper checklist to run their functions, make certain compliance and speedily answer to purchaser needs,” he adds in a supporting statement. “SafetyCulture, by using its cell application, provides regular, standardised ordeals at a big scale. It is outpacing a escalating field with its proactive options and we believe it is perfectly-positioned to raise its field lead.” SafetyCulture’s Series B funding will be used to ramp up marketing initiatives, and for ongoing product enhancement, it reported nowadays. It’s also setting up to raise purchaser outreach and insert headcount globally to assist its advancement strategy.
SafetyCulture, the maker of a b2b inspection checklist application referred to as iAuditor, has pulled in a $23 million Series B funding led by Index Ventures. Also participating Blackbird Ventures and Atlassian co-founder Scott Farquhar, who led its Series A spherical in 2014.
Whilst the Australian-founded enterprise started out way back 2004, with a mission to overhaul safety treatments in the b2b house, its flagship product — the iAuditor application — released a lot more recently, in 2012, riding the consumerization of enterprise wave that has pushed dedicated b2b apps into the hands of a system-savvy workforce.
The iAuditor application aims to switch paper-centered examine-lists for basic safety inspections, to not only velocity up checks and make them a lot more effective but also to empower organizations to centralize inspection information so it can be analyzed and benchmarked, and so that dangers can be flagged in authentic-time.
“With each and every inspection conducted, the organisation gains a lot more insight,” is how CEO Luke Anear couches it, touting the “collective knowledge” created by inspection teams using the application system.
Commenting on the expense in a blog site put up, Index’s Jan Hammer also talks up the “big information benchmarking opportunity” for SafetyCulture. “Ultimately, the enterprise will be in a exceptional situation to give state-of-the-art danger profiles for professional legal responsibility and workers’ comp insurance coverage centered on the exceptional proprietary datasets about its clients’ high quality and basic safety documents,” he writes.
SafetyCulture offers a freemium pricing framework for its SaaS, with the iAuditor application totally free to download for person end users with a 25MB upload and download limit, and cost-programs then beginning at $9 for each thirty day period for SMEs, climbing to custom enterprise pricing aimed at businesses’ with a lot more than a hundred workforce.
At this stage it has 6,000 spending prospects for its SaaS, and around a hundred,000 end users. In all it states it has enabled a lot more than 30 million basic safety and high quality inspections, title-checking the likes of Coca-Cola, British Airways and JD Sporting activities as prospects. It touts iAuditor as the “most used workplace inspection platform”, stating it facilitates one million inspections for each thirty day period at this stage.
Custom made inspection lists can be constructed in the application which has a drag and drop modifying interface. There’s also a community library of ~56,000 inspection forms constructed and shared by other end users at this stage. While administrator controls lock in cloud uploading, and the SaaS system permits centralized management to make certain staff are using the most up-to-day inspection forms.
Safety and high quality checking is a process that clearly extends throughout all kinds of industries, from high hazard environments this sort of as the design field all the way down to supermarkets, hotels and clothes retailers. So the scope of the opportunity listed here is a extremely sizable one. In fact, Index pegs the testing, inspection and certification current market as worth $one hundred twenty-150 billion annually — with Hammer further dubbing it a “massive and hidden market”.
“Businesses need a lot more than a static paper checklist to run their functions, make certain compliance and speedily answer to purchaser needs,” he adds in a supporting statement. “SafetyCulture, by using its cell application, provides regular, standardised ordeals at a big scale. It is outpacing a escalating field with its proactive options and we believe it is perfectly-positioned to raise its field lead.”
SafetyCulture’s Series B funding will be used to ramp up marketing initiatives, and for ongoing product enhancement, it reported nowadays. It’s also setting up to raise purchaser outreach and insert headcount globally to assist its advancement strategy.