A Sydney-based company founded in 2020 to help disparate, siloed data sources 'speak to each other' has received a $3 million investment from global operations platform SafetyCulture, giving the unicorn an opportunity to automate the 800 million workplace checks it collects annually.
The investment in Inauro follows SafetyCulture's acquisition of lone worker safety app SHEQSY earlier this year, its leading of an $8 million Series A funding round for AI video analytics platform Unleash Live in 2021, and the purchase of microlearning business EdApp in 2020.
Co-founded by Craig Kesby and Angus Kennard, Inauro was created to link data from internet of things (IoT) devices to enterprise systems through the data fusion platform Perspio, which is mainly used in the agriculture, construction, logistics and manufacturing/processing industries with customers including Scully RSV, Game Farm, Hire Express and Vestas.
Inauro's mission is to give teams a single source of data, thus streamlining workflows and enabling faster decision making. The platform has the flexibility to read data or create events across a huge variety of business systems, from CRM (customer relationship management) to safety management, enabling the full automation of a workflow
"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," says Inauro co-founder and co-CEO Craig Kesby.
"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.
"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 Luke Anear, who founded the now Sydney-headquartered global group from a Townsville garage in 2004, says his company is 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.
"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," he says.
"Inauro will be a key partner as we continue to raise the bar for frontline teams.
"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."
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