A software company based in Vancouver has raised a Series A round of capital en route a mission to improve safety for construction and other labour-focused industries.
SALUS Technologies announced today the closing of an $8 million round supported by investors based in New York.
The Canadian company said in a release that the new funding will help advance software functionality, bolster customer service, and enhance marketing efforts.
“As market leaders, we need to be consistently pushing the limits of what’s possible,” stated Gabe Guetta, cofounder and CEO of SALUS. “This funding will allow us to power safety workflows and processes in new ways for our customers.”
In the coming months, SALUS intends to expand its team with specialists to reach new levels of innovation in safety.
The private capital builds on public funding: last month, the Government of Canada unveiled $2,635,300 for SALUS to expand its cloud-based software, which keeps workers safer on the job and improves bottom lines by helping organizations stay up to date on inspections, providing real-time notifications about incidents, and tracking follow ups.
“We’re breaking down barriers in the safety industry through the use of technology,” said Rob Clifford, cofounder and CTO of SALUS. “Our primary focus is to make safety information more accessible to leaders, through a platform that is approachable to field workers—that’s how we empower organizations to proactively address safety concerns.”
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