Lone-worker safety app bags investment

Funding Rounds

Summary

The app also features immobilisation detection for "man down" alerts.Founder Boyd Peacock, who maintains a majority stake, said he came up with the idea for the app while living in Queenstown, when he often took long bike rides.He worried that if he failed to come home, his drongo flatmates would probably be in the pub. His absence would not be noted until he failed to show up to work a couple of days later.Today, GetHomeSafe still includes a free recreational version, but its main focus is on a $3.50 per user per month commercial version, which includes a web portal for managers keeping tabs on multiple employees, among other frills. Bespoke deals are also available for larger organisations.It can be paired with GPS location devices, and integrates with another locally developed product, Eroads fleet-tracking technology.To some it might seem Big Brother, but Peacock told the Herald, "Yes, supervisors can see where their team is in real-time, but that is only part of the picture. "Since its launch in 2016, GetHomeSafe has gained some 10,000 users across New Zealand and Australia, with customers including the Auckland Council, the Auckland District Health Board, MBIE, Scheider Electric and the City of Wanneroo (aka Perths northern suburbs).Peacock says around 9000 are covered by commercial deals.The founder said the new investment "will allow us to accelerate our expansion, launch some exciting new products and increase integrations with clients and partners. We have been doubling or near doubling our revenue in each of the last three years, and are constantly adding new partners, clients, and end-users".Punakaiki Fund investment manager Nadine Hill - who recently joined Wiggs fund from NZTE, where she was an investment manager - said, "Boyd is the sort of founder that Punakaiki loves to work with: quiet, hardworking and focused and with strong values and a good way with people.

$ Funding

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Amount $775.0K Total raised
Date February 7, 2021 Announcement date
Investors - Lead investors
Company http://www.gethomesafe.com Funded company

Classifications

industries
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applications
Audit

AskAI Classifications

Labels
Safety Software Employee Monitoring Software SaaS

Linked Companies

GetHomeSafe
$1M to $5M