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Buddywise raises €3.5M in seed funding co-led by Kvanted and J12 to accelerate the recruitment of commercial and tech talent and expand its customer base of international industrial enterprises across Europe.

Mar 25, 2024over 1 year ago

Amount Raised

€3.5 Million

Round Type

seed

StockholmPublic SafetyMachine LearningArtificial IntelligenceSoftware

Investors

Eric Quidenus WahlforssHans Olov BlomHans StråbergAntlerAlignedJ12Kvanted

Description

Buddywise, a Stockholm, Sweden-based AI powered workplace safety platform provider, raised €3.5m in seed funding co-led by Kvanted and J12, alongside existing investors Aligned and Antler, as well as a group of angel investors. The company intends to use the funds to accelerate the recruitment of commercial and tech talent as well as further expand its existing customer base of international industrial enterprises to initiate its commercial expansion across Europe.

Company Information

Company

Buddywise

Location

Stockholm, Stockholm County, Sweden

About

We are a software company that understands the value of bringing technology to those who can really benefit from it. At Buddywise we strive to make workplaces safer by improving and automating safety monitoring and risk mitigation. We utilise computer vision and machine learning to revolutionise how safe even a hazardous workplace can be.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers