202417 Apr

FYLD Raises £12M in Funding

Summary

Led by CEO Shelley Copsey, FYLD offers an AI-driven digital platform that empowers field managers to make proactive, data-led decisions in real time and transform operational processes and procedures with data. Using technologies like natural language processing, computer vision and artificial intelligence, FYLD analyses what is taking place in the field in real time, helping managers and operational teams make better decisions and drive more jobs to completion. FYLD initially collaborated with SGN, a U.K. gas utility in Ontario Teachers’ infrastructure and natural resources portfolio, to test and validate its technology. Commenting on the news, Shelley Copsey said: “At FYLD, our platform is not only designed to enable each fieldworker to be more productive every day, but to know that they will go home safely. Through real-time, AI-powered data analytics, we reduce standing time, enable remote management to understand where they should focus their attention, and analyse site risk to stop incidents in their tracks.

Source: Finsmes

Funding

$15.26M
Amount
Apr 17 2024
Date
-
Investor
Fyld
Company

Classifications

Companies