Australia’s SafetyCulture is looking to follow construction vendor Aconex as another Australia tech success story.
Having written about Australian health, safety and quality solution provider Hammertech in April 2019 (see HammerTech raises Au$10m), I have been alerted to another vendor founded in Australia: SafetyCulture. Its focus is wider than construction, but it has attracted considerable investment and its iAuditor app is used across a wide range of industries.
The business was established by one-time workplace accident investigator and current CEO Luke Anear in 2004 in his garage in Townsville, Queensland, and initially focused on provision of safety documents. The smartphone revolution four years later spawned the idea of digitising the documents into a mobile app, and the iAuditor safety inspection app was launched in 2012. The business was backed in a Au$6.1m (US$4.7m) Series A funding round in 2014 by Atlassian co-founder, Scott Farquhar and Blackbird Ventures, and in 2015 opened another Australian office, in Sydney, followed by US offices in San Francisco and Kansas City and a UK office in Manchester in 2016. That year also saw a Au$30m (US$23m) Series B funding round led by Index Ventures (with participation from Farquhar and Blackbird; read this Business Insider article or this TechCrunch one).
In May 2018, SafetyCulture completed a Au$60m Series C funding round (the largest raise in 2018 by an Australian company), led by New York investment firm, Tiger Global Management, with participation from Blackbird Ventures, Index Ventures, Morpheus Ventures and Scott Farquhar again. The round valued SafetyCulture, now employing 214 people, at Au$440m.
iAuditor in construction
iAuditor use cases include hospitality, manufacturing, retail, transport and logistics, and facilities management, with construction top of the list. The platform offers a library of over 13,000 safety checklists created by construction businesses. Construction case studies include the UK’s Pochin; industry customers also include AECOM, Jacobs, Redrow, Skanska, Stantec and Tarmac.
iAuditor is free for occasional use and small teams of less than five. Pricing for businesses with small teams who collaborate regularly is $19 per user, per month, billed annually ($24 if billed monthly). SafetyCulture has also developed complementary temperature and humidity sensors that integrate with iAuditor.