Buddywise provides an AI- and computer-vision-driven workplace safety platform that pinpoints real-time safety risks by connecting to clients' existing camera infrastructure. The system enables leaders and management to take immediate action and proactively mitigate hazards. Continuous 24/7 data collection generates insights for learning and improvement, increasing protection for teams on industrial sites. The solution has been adopted at multiple industrial sites across Sweden, Finland, Latvia, and Poland, serving industries such as infrastructure, manufacturing, and pulp and paper. Buddywise plans to use the seed funding to accelerate recruitment of commercial and tech talent and to expand its international industrial customer base across Europe. The company was founded by Lamin Faye and Yigit Arin and is based in Stockholm, Sweden. Buddywise builds a platform that uses computer vision and machine learning to monitor workplace safety continuously via standard CCTV cameras, providing automated insights, analytics, and real-time alerts. The product is configurable by site personnel to define what to monitor and how to be alerted, positioning the system as an economical safety manager for industrial environments. The company emphasizes preventing accidents by enabling early detection of safety risks and aims to make its solution as natural as wearing a seat belt. Since its 2020 founding, Buddywise has focused on developing its AI system and working closely with selected partners. The business plans to accelerate commercial expansion, continue product development, and recruit sales and engineering talent. Financially, the company recently secured external capital via a pre-seed raise to support those efforts.

Total raised

$5M

Funding rounds

2

Latest round

Seed

Latest activity

Mar 2024