- B2B
- Growth StageExpanding market presence
- Website
- Location
- Company size
- 11-50 people
- Total raised
- $225K
- Company type
- Early StageArtificial IntelligenceEnterprise Software CompanyInternet Of ThingsMobile
- Markets
Safesite careers
Safesite is a market leading safety and risk management platform that targets companies in high risk industries such as construction and manufacturing.
For these companies workers compensation costs can be up to 40% of total payroll and an injury or death adversely affects a company's premiums for the next 3 years. Which can threaten their ability to remain in operation.
Safesite mitigates this risk for it’s customers through the use of mobile app technology, IOT, machine learning and predictive analytics. Improving compliance and reducing injury rates by up to 15%. This proven reduction in risk allows Safesite to intelligently underwrite their customers workers compensation insurance at up to 20% discount on market rates.
Since the company's inception in 2014 Safesite has experienced 20% MOM platform growth, on boarded over 3,000+ companies, and collected over 20M+ risk related data points.
For these companies workers compensation costs can be up to 40% of total payroll and an injury or death adversely affects a company's premiums for the next 3 years. Which can threaten their ability to remain in operation.
Safesite mitigates this risk for it’s customers through the use of mobile app technology, IOT, machine learning and predictive analytics. Improving compliance and reducing injury rates by up to 15%. This proven reduction in risk allows Safesite to intelligently underwrite their customers workers compensation insurance at up to 20% discount on market rates.
Since the company's inception in 2014 Safesite has experienced 20% MOM platform growth, on boarded over 3,000+ companies, and collected over 20M+ risk related data points.
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David Fontain
Founder and CEO of Foresight, the insurtech for mid-market commercial insurance. At Foresight, we're rewarding proactive insureds with lower premiums and rewarding brokers with higher commissions.
Peter Grant
Founder Safesite • Worked at @Leighton Contractors • Studied at @Griffith University
Valuation
$1.8M
Funded over
1 round
Latest round
Seed (Jan 2015)
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