SafetyCulture raises $60.5 million and joins the unicorn club as employees cash in

The surprising aspect to the raise is that around half the funds will go to around 10% of the employees who’ve been with SafetyCulture for than three years, giving them a timely chance to cash out some of their vested equity to investors who include former PM Malcolm Turnbull and his wife Lucy, and Kim Jackson’s Skip Capital. Founder and CEO Luke Anear said the company’s ability to secure the latest round was based on its continued growth across a diverse range of industries and countries. Anear’s vision is for iAuditor to evolve from a checklist app into a strategic platform that connects distributed teams, raising safety and quality standards. SafetyCulture is currently hiring software engineers and product managers for features such enhanced analytics and IoT sensors, and telematics capabilities. With COVID-19 currently dominating the business landscape, Anear has offered six months of free access to iAuditor Premium and other SafetyCulture products to healthcare, emergency, education and volunteer workers.