SafetyCulture invests $3M in groundbreaking IoT player Inauro
By Mitti (by SafetyCulture) Content Team20 May 20223 min read
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20 May 2022 — Global workplace operations company, SafetyCulture, has today announced a AU$3M investment into Australian data and IoT software company, Inauro. This latest investment continues SafetyCulture’s support of emerging technologies which enhance frontline processes.
Launched in 2020 by co-founders Craig Kesby and Angus Kennard, Inauro was created to realise the value of IoT technology across industrial applications and improve everyday operations. IoT devices produce a vast amount of data but are typically siloed depending on their function. By linking data from sensors, devices and other digital systems used within an organisation, Inauro provides teams with a single source of data, streamlining workflows and enabling faster decision making. Much like mastering how to trade options can help individuals navigate complex financial decisions with precision, Inauro's platform simplifies operations for businesses by consolidating and analysing diverse data streams.
Inauro has built a customer base spanning agriculture, manufacturing and construction, and its flagship Perspio TM platform has been recognised by local and global award bodies, including IoT Alliance Australia.
“The IoT market in Australia and globally is thriving, but most IoT solutions are built to solve a specific problem which creates data silos across organisations. We want to solve this challenge and enable businesses to make the most of their IoT technology. At its most simple, we want to make sure the right information is available to the right person in real-time. That’s when we’ll unlock streamlined operations and create efficiencies,” said Inauro co-founder and co-CEO Craig Kesby.
Kesby continued, “We’re looking forward to developing new functionality for our customers, including identifying more workflows where Inauro and SafetyCulture’s solutions can integrate to improve workplace operations.”
SafetyCulture and Inauro’s technology has already integrated to benefit Game Farm, a specialist poultry supplier that manages the entire farm to plate ecosystem of its produce.
Together the technologies play a role in the oversight of temperature control across the production facility. This supports Game Farm to comply with Food Safety regulations and frees up staff from a largely manual task.
SafetyCulture CEO and Founder, Luke Anear said, “Today, SafetyCulture collects data from 800 million workplace checks a year, a lot of which are conducted manually. Inauro will help us to automate many of the equipment checks for our customers. We’re constantly pushing to find new ways to innovate and automate processes so tasks can be done to higher standards, jobs become safer and teams can concentrate on the most meaningful work. Inauro will be a key partner as we continue to raise the bar for frontline teams.”
Anear continued, “It’s always great to help drive forward businesses with similar goals to ours. Through this investment, not only will Inauro be free to expand into new markets, but SafetyCulture customers will also reap the benefits of taking their digitisation efforts to the next level.”
SafetyCulture is a global operations platform empowering teams to drive workplace improvements. One of the fastest-growing technology companies in Australia, SafetyCulture acquired microlearning business EdApp in 2020, led an AU$8 million Series A funding round for Unleash Live in 2021, and acquired lone worker safety app SHEQSY in early 2022.