Safeguard Raises $8 Million For Ai Safety Solution That Automates Decision-Making In Hazardous Trades
Amount Raised
$8 Million
Round Type
Funding Round
Investors
Description
SafeGuard, an international Safety-Tech company, focused on the construction industry, that uses machine learning to predict and prevent accidents in construction sites, today announced an $8 million Series A funding round led by hi-tech investors Ron Zuckerman and Hillel Kobrinsky. An additional cadre of real estate investors, including Ronen Peled, Yehuda Rachamim, Zemach Hammerman and Wall Street investor Jeffrey Schoenfeld, are also participating in the round. SafeGuard is also announcing the creation of Otoos, a daughter company that will focus exclusively on the construction industry in the US. Last, SafeGuard will be expanding the use of its end-to-end decision-making solution beyond construction to cover compliance, safety, and everything in between to other industries in dire need of better safety technology.
Quick answer
SafeGuard raised $8 Million in a Funding Round round, dated April 19, 2023. Investors: Safe Guard, Jeffrey Schoenfeld, Zemach Hammerman, Yehuda Rachamim, Ronen Peled, Hillel Kobrinsky and Ron Zuckerman. SafeGuard is based in Tel Aviv, Tel Aviv District, Israel.
- How much did SafeGuard raise?
- SafeGuard raised $8 Million in a Funding Round round on April 19, 2023.
- Who invested in SafeGuard?
- Safe Guard, Jeffrey Schoenfeld, Zemach Hammerman, Yehuda Rachamim, Ronen Peled, Hillel Kobrinsky and Ron Zuckerman are named as investors in this round.
- What does SafeGuard do?
- SafeGuard is an international Safety-Tech company, reducing accidents in multiple industries like construction, ports and more.
- Where is SafeGuard based and how big is it?
- SafeGuard is based in Tel Aviv, Tel Aviv District, Israel.
- Who are the decision-makers at SafeGuard?
- Fundz holds 1 contact at SafeGuard. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Advertising and Fashion around the same time
Companies in the same sectors as SafeGuard that raised within 45 days of this round, from Fundz verified event records.
- Zeliq raised $5.4M (Funding Round) on May 31, 2023.
- Olyns raised $4M (Series A) on May 8, 2023.
- Superfiliate raised $3M (Seed) on March 30, 2023.
- SOCi raised $120M (Funding Round) on March 7, 2023.
- Ecovative Design raised $32M on May 31, 2023.
- Perfect Moment Ltd. raised $400K (Seed) on May 26, 2023.
Who to call at SafeGuard, and when
A new round usually means SafeGuard is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day SafeGuard raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at SafeGuard, from your own LinkedIn network
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Related People
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