SafetyCulture's Valuation Reaches $1.6 Billion : comparemela

SafetyCulture's Valuation Reaches $1.6 Billion


SafetyCulture’s Valuation Reaches $1.6 Billion
on May 03 2021 10:00 PM
Global technology company’s valuation soars after $73 million funding round led by global venture capital and private equity firm Insight Partners
SYDNEY--(BUSINESS WIRE)--SafetyCulture, the global operations platform which empowers working teams to drive improvements in the workplace, has today announced a $1.6 billion valuation, nearly doubling its valuation from April 2020 that marked its entrance into the unicorn club.
The funding led by Insight Partners, a leading global ScaleUp software investor, and joined by existing investors Tiger Global, Index Ventures and Blackbird, will support the expansion of the business as it continues to evolve from a checklist app into an operations platform for working teams. SafetyCulture currently helps 28,000 companies improve every day by streamlining the flow of critical information through their user-friendly, mobile-first platform.

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