{"id":1003,"date":"2016-10-18T13:21:53","date_gmt":"2016-10-18T13:21:53","guid":{"rendered":"http:\/\/www.rsoftsolution.com\/blog\/safetycultures-mobile-safety-management-saas-pulls-in-23m-series-b-led-by-index.html"},"modified":"2016-10-18T13:21:53","modified_gmt":"2016-10-18T13:21:53","slug":"safetycultures-mobile-safety-management-saas-pulls-in-23m-series-b-led-by-index","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/safetycultures-mobile-safety-management-saas-pulls-in-23m-series-b-led-by-index.html","title":{"rendered":"SafetyCulture\u2019s mobile safety management SaaS pulls in $23M Series B, led by Index"},"content":{"rendered":"


\n<\/p>\n

SafetyCulture<\/a>, the maker of\u00a0a b2b inspection checklist app called iAuditor<\/a>, has pulled in a\u00a0$23 million Series B funding led by Index Ventures. Also participating\u00a0Blackbird Ventures and Atlassian co-founder Scott Farquhar, who led its Series A round in 2014.<\/p>\n

While the Australian-founded company started out way back\u00a02004, with a mission to overhaul\u00a0safety procedures in the b2b space, its\u00a0flagship product \u2014 the\u00a0iAuditor app \u2014 launched more recently, in 2012, riding\u00a0the consumerization\u00a0of enterprise wave\u00a0that has pushed dedicated b2b apps into the hands of a device-savvy workforce.<\/p>\n

The iAuditor app aims to replace paper-based check-lists for safety inspections, to not only speed up checks\u00a0and make them more efficient but also to enable companies to centralize inspection data so it can be\u00a0analyzed and benchmarked, and so that risks can be flagged in real-time.<\/p>\n

\u201cWith each inspection conducted, the organisation gains more insight,\u201d is how CEO Luke Anear couches it, touting the\u00a0\u201ccollective knowledge\u201d generated by\u00a0inspection\u00a0teams using the app platform.<\/p>\n

Commenting on the investment in a blog post<\/a>, Index\u2019s Jan Hammer also talks up the \u201cbig data benchmarking opportunity\u201d for SafetyCulture.\u00a0\u201cUltimately, the company will be in a unique position to offer advanced risk profiles for commercial liability and workers\u2019 comp insurance based on the unique proprietary datasets about its clients\u2019 quality and safety records,\u201d he writes.<\/p>\n

SafetyCulture offers a freemium pricing structure for its SaaS, with the iAuditor app free to\u00a0download for individual users with a 25MB upload and download limit, and price-plans then starting at $9 per month for SMEs, rising to custom enterprise pricing aimed at businesses\u2019 with more than 100 employees.<\/p>\n

At this point it\u00a0has 6,000 paying customers for its SaaS, and\u00a0around 100,000 users. In all it says it has enabled more than 30 million safety and quality inspections, name-checking the likes of\u00a0Coca-Cola, British Airways and JD Sports as customers. It\u00a0touts\u00a0iAuditor as the\u00a0\u201cmost used workplace inspection platform\u201d, saying it facilitates one million inspections per month at this point.<\/p>\n

Custom inspection lists can be built in the app which has a drag and drop editing interface. There\u2019s also a public library of ~56,000 inspection forms built and shared by other users at this point. While\u00a0administrator controls lock in\u00a0cloud uploading, and the SaaS platform enables centralized\u00a0management\u00a0to ensure staff are using the most up-to-date inspection forms.<\/p>\n

Safety and quality checking is a process that obviously extends across all sorts of industries, from\u00a0high hazard environments such as the construction industry all the way down to supermarkets, hotels and clothes\u00a0retailers. So the scope of the opportunity here is a very sizable one. Indeed, Index pegs the\u00a0testing, inspection and certification market as worth\u00a0$120-150 billion\u00a0annually \u2014 with Hammer further dubbing it a \u201cmassive and hidden market\u201d.<\/p>\n

\u201cBusinesses need more than a static paper checklist to run their operations, ensure compliance and quickly respond to customer needs,\u201d he adds\u00a0in a supporting statement. \u201cSafetyCulture, via its mobile app, delivers consistent, standardised experiences at a large scale. It is outpacing a growing industry with its proactive solutions and we believe it is well-positioned to increase its industry lead.\u201d<\/p>\n

SafetyCulture\u2019s\u00a0Series B funding will be used to ramp up marketing efforts, and for continued product development, it said today. It\u2019s also planning to increase customer outreach and add headcount\u00a0globally to support its growth strategy.<\/p>\n

<\/p>\n

Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/yS611HEJccE\/<\/p>","protected":false},"excerpt":{"rendered":"

SafetyCulture, the maker of\u00a0a b2b inspection checklist app called iAuditor, has pulled in a\u00a0$23 million Series B funding led by Index Ventures. Also participating\u00a0Blackbird Ventures and Atlassian co-founder Scott Farquhar, <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-1003","post","type-post","status-publish","format-standard","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t