SafetyCulture just raised another $49 million so staff and investors can cash in on the unicorn's growth
Summary
Workplace checklist app developer SafetyCulture has raised another $48.6 million just since six months after a $60.5 million round as early investors and staff cash in on the increasing worth of the company, now valued at more than $1.3 billion. Less than a third of the funds, $14 million, were invested as equity. Blackbird Ventures led the round followed Index Ventures, scooping up existing equity from other investors. Blackbird has been a serial investor in the business, alongside Atlassian co-founder Scott Farquhar, Staff who have been with SafetyCulture for more than three years receive equity in the business. Founder Luke Anear, a former workplace accident detective, launched his venture in the family garage in Townsville in far north Queensland, 16 years ago.
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