{"id":6082,"date":"2019-02-15T14:47:53","date_gmt":"2019-02-15T14:47:53","guid":{"rendered":"https:\/\/fintech.global\/digitalwealthtechforum\/?p=6082"},"modified":"2019-02-15T14:47:53","modified_gmt":"2019-02-15T14:47:53","slug":"makusafe-raises-3m-in-seed-round-to-support-key-personnel-hires","status":"publish","type":"post","link":"https:\/\/fintech.global\/digitalwealthtechforum\/makusafe-raises-3m-in-seed-round-to-support-key-personnel-hires\/","title":{"rendered":"M\u0101kuSafe raises $3m in seed round to support key personnel hires"},"content":{"rendered":"<p><strong>M\u0101kuSafe, a data and analytics platform aiming to improve worker safety, has secured around $3m in its Seed round.<\/strong><\/p>\n<p>Capital was supplied by investors including EMC Insurance Companies, Next Level Ventures, and The Best of the Midwest. The batch of funding brings the company\u2019s total capital raised to $4.5m.<\/p>\n<p>Following the investment, the company will look to make a number of \u2018key personnel\u2019 hires and scale the manufacturing of its technology.<\/p>\n<p>The company has built a system capable of gathering real-time environmental and human motion data to identify workplace risks. Machine learning algorithms are used by the cloud-based platform to process millions of data points gathered by wearable armband devices.<\/p>\n<p>This information is then used to drive deeper insights into workforces and operations with a goal of lowering risks and lowering worker compensation claims. M\u0101kuSafe said that there is around $1bn in worker compensation claims paid out each week in the US alone.<\/p>\n<p>Next Level Ventures principal Scott Hoekman said, \u201cNext Level Ventures could not be more excited to invest in M\u0101kuSafe. In addition, M\u0101kuSafe is creating a product which incorporates hardware, software, worker safety, and insurance.<\/p>\n<p>\u201cThis intriguing combination really resonates with Iowa&#8217;s growing startup ecosystem as well as two of Iowa&#8217;s core industries &#8211; manufacturing and insurance. And with this financing we are eager to see M\u0101kuSafe accelerate its growth and bolster its innovative solution.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M\u0101kuSafe, a data and analytics platform aiming to improve worker safety, has secured around $3m in its Seed round. Capital was supplied by investors including EMC Insurance Companies, Next Level Ventures, and The Best of the Midwest. The batch of funding brings the company\u2019s total capital raised to $4.5m. Following the investment, the company will&#8230; <\/p>\n<div class=\"clear\"><\/div>\n<p><a href=\"https:\/\/fintech.global\/digitalwealthtechforum\/makusafe-raises-3m-in-seed-round-to-support-key-personnel-hires\/\" class=\"gdlr-info-font excerpt-read-more\">Read More<\/a><\/p>\n","protected":false},"author":10,"featured_media":6083,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/fintech.global\/digitalwealthtechforum\/wp-json\/wp\/v2\/posts\/6082"}],"collection":[{"href":"https:\/\/fintech.global\/digitalwealthtechforum\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fintech.global\/digitalwealthtechforum\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fintech.global\/digitalwealthtechforum\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/fintech.global\/digitalwealthtechforum\/wp-json\/wp\/v2\/comments?post=6082"}],"version-history":[{"count":0,"href":"https:\/\/fintech.global\/digitalwealthtechforum\/wp-json\/wp\/v2\/posts\/6082\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fintech.global\/digitalwealthtechforum\/wp-json\/wp\/v2\/media\/6083"}],"wp:attachment":[{"href":"https:\/\/fintech.global\/digitalwealthtechforum\/wp-json\/wp\/v2\/media?parent=6082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fintech.global\/digitalwealthtechforum\/wp-json\/wp\/v2\/categories?post=6082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fintech.global\/digitalwealthtechforum\/wp-json\/wp\/v2\/tags?post=6082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}