Safehub develops an internet-of-things platform that monitors structural integrity of buildings in real time, using cell-connected motion sensors, analytics, and third-party data to measure ground motion, building response, and changes in natural and resonant frequencies. Its sensors include an accelerometer, rechargeable battery, and connectivity options such as long-range radio for mesh networking and LTE, and Safehub says 99% of calculations can be performed on the sensor to reduce cloud communication. The company estimates damage and business-interruption losses and sends damage alerts and financial loss estimates via text, email, and a web dashboard. Safehub partnered with the Global Earthquake Model (GEM) foundation in 2019 to model structural robustness from in-building sensors and used that data to refine its algorithmic vulnerability and insurance calculations. Founded in 2015 and based in San Francisco, Safehub has 12 employees and has raised a total of $14 million to date. The company plans to use newly raised capital to expand its platform, acquire new customers, and grow its engineering team. Safehub provides a platform that delivers real-time, building-specific earthquake damage information using a combination of sensors, analytics, and third-party data. Its sensors measure earthquake ground motion, building response, and changes in building natural frequencies to estimate structural damage and related business interruption losses. The platform generates actionable damage alerts and financial loss estimates via text messages, email, and a web dashboard within minutes after an event. Led by CEO Andy Thompson, Safehub focuses on rapid post-quake assessment to support business continuity decisions. The company plans to use recent funding to accelerate deployment to Fortune 500 companies seeking to strengthen resilience and continuity efforts. Financially, Safehub closed a $5M seed funding round to support these deployments.

Total raised

$14M

Funding rounds

2

Latest round

Series A

Latest activity

Apr 2021