202127 Apr

Press Release

Summary

This is understandable given that 2020 economic losses from natural disasters are estimated to be To address this need, Safehub employs a combination of proprietary sensors, analytics, and third-party data to provide real-time, building-specific structural damage information, with an initial focus on earthquakes. "Never before have businesses had this level of information at their fingertips, allowing them to quickly assess damage resulting from catastrophic events, often on the other side of the world," said Andy Thompson, Co-Founder and CEO of Safehub. In a globalized world, having real-time access to valuable data and insights has become critical to understand, assess and make fast paced decisions impacting lives, costs and operations. Technologies that enable businesses to better evaluate building structural performance in real-time have become critical, not just to mitigate the economic impact of extreme weather, but for response to the wider climate crisis. Its cost-effective solution is easy to install across an entire portfolio of buildings and dramatically reduces the risk of business interruption from seismic events," said David Gerster, Vice President at JLL Spark.

Source: Safehub

Funding

$9M
Amount
Apr 27 2021
Date
-
Investor
Safehub
Company

Classifications

Companies