# Buddywise

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/buddywise

- Industry: Software
- Headquarters: Stockholm, Sweden
- Website: www.buddywise.co/
- Total disclosed funding: $3.8M
- Latest round: Seed (Mar 13, 2024)
- Investors on record: 4

## About

Founded in 2020 by its CEO, Lamin Faye, and CTO, Yigit Arin, and based in Stockholm, Sweden, Buddywise AB, operates as a software company that offers automated real-time risk detection to help businesses proactively create a safer workplace, preventing injuries and fatalities.  In March 2024, Buddywise raised EUR 3.5 million in seed funding, co-led by investors Kvanted Ventures and J12 Ventures, with participation from returning investors Aligned Ventures and Antler.

The company offers various software solutions that include an artificial intelligence model that allows users to set and customize risk detection scenarios per camera and facilitates the investigation and resolution of safety events with task assignment and commenting features.

The company provides analytics and data visualization tools to track safety performance through dashboards, heatmaps, and KPI tracking.

The company plans to use the March 2024 funding to start its commercial expansion throughout Europe, hiring an IT and commercial skills workforce, and expanding its clientele of multinational industrial companies.

## Funding rounds

- Seed, Mar 13, 2024, $3.8M — J12 Ventures, Antler, Aligned Ventures, Kvanted Ventures

## Investors

- J12 Ventures (https://capitalatlas.ai/funds/j12-ventures) — Seed
- Antler (https://capitalatlas.ai/funds/antler) — Seed
- Aligned Ventures (https://capitalatlas.ai/funds/aligned-ventures) — Seed
- Kvanted Ventures (https://capitalatlas.ai/funds/kvanted-ventures) — Seed