Mental Health and Safety Start up Raises Capital to Extend Nationally and Beyond
WA based startup Tap into Safety has announced an investment of $750,000 from new investor Dorado Capital to accelerate its growth plans nationally and beyond.
Tap into Safety launched in June 2014 and in just over three years is providing safety and early intervention mental health training and assessment via interactive software solutions.
“We are really excited about working with Tim Moore and Tony Packer who have had a long history of working with companies in expansion phase. We are looking forward to the additional expertise that they bring that complements the knowledge of our other major shareholder Peter Rossdeutcher.” said Dr Susanne Bahn, CEO and Co-Founder.
“Looking forward we can continue our R&D work to extend the product functionality to include additional interactivity and reporting features. Our customers already love our solutions but we know we can offer them more as Tap into Safety grows and expands into new markets” Dr Bahn added.
The company’s safety product, Hazard Insight, utilises 360 degree panoramic scenes of high-risk work areas underpinned by gamification techniques and adult learning principles to train hazard identification.
Additionally, Tap into Safety’s mental health product, All of Me, provides animated refresher training on topics that impact mental health in the workplace, a ‘one click’ help connection facility and predictive analytics to show any staff in early mental health decline. Both solutions provide 15 minute learning pieces delivered both by smart devices and online.
“In a short time Tap into Safety has shown that it has innovative solutions and has been able to support large sophisticated organisations as users” said Tim Moore, Director of Dorado Capital. “The platform has considerable application and with the right resources has the momentum to grow considerably” he added.
This latest investment means Tap into Safety can focus on growing its existing Perth sales team, and extend into the Sydney and Melbourne markets. This will ensure it adds to the already impressive client list, which includes; Lendlease, Samsung C&T, CPB Contractors, John Holland and Chandler Macleod Group.