# LifeBooster

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

- Industry: Software
- Headquarters: Vancouver, Canada
- Website: www.lifebooster.ca
- Total disclosed funding: $1.6M
- Latest round: Seed (Jul 7, 2020)
- Investors on record: 3

## About

Based in Canada, LifeBooster, Inc. operates as a provider of advanced risk assessment solutions, focusing on enhancing workplace safety and reducing injury rates through innovative prevention strategies.LifeBooster, Inc. specializes in risk assessment solutions to improve workplace safety. Founded in 2012, the company is headquartered in Vancouver, Canada. The founders, Bryan Statham, Lawrence Chee, and Stacey Wallin, have a history of developing notable safety technologies. In August 2021, LifeBooster raised CAD 2.200 mn in a SEED funding round led by Nimbus Synergies, alongside investors Savox Investments and WUTIF Capital. This funding round marks the latest in a total of 2 deals the company has secured since its inception.LifeBooster primarily offers a risk assessment solution known as SENZ™, designed to enhance workplace safety and minimize injury rates through proactive strategies. The platform supports organization-wide risk assessments covering ergonomic and environmental risks, using advanced technology to collect real-time data. This enables clients to identify high-risk areas and apply targeted interventions, ultimately optimizing safety protocols and promoting employee well-being in sectors like manufacturing, warehousing, and logistics. LifeBooster serves a diverse international client base across North America, Europe, and Asia.LifeBooster generates revenue through a subscription-based model that provides clients access to its SENZ™ platform for ongoing risk assessments and data analytics. The model includes B2B partnerships, with service tiers tailored to the specific safety needs of businesses. Initial onboarding fees apply, followed by recurring subscription payments that vary based on user numbers and assessment scopes. SENZ™ facilitates extensive risk data collection while conserving assessor time, thereby enhancing operational efficiency and safety culture.LifeBooster, Inc. plans to enhance its connected worker risk analytics technology following its most recent funding in August 2021. The firm aims to expand its presence in new geographical markets, although specific regions targeted for expansion have not been disclosed. The funding will be utilized to support the development and launch of upcoming product enhancements, further advancing workplace safety solutions.

## Funding rounds

- Seed, Jul 7, 2020, $1.6M — WUTIF Capital (VCC), Nimbus Synergies, Savox Investments

## Investors

- WUTIF Capital (VCC) (https://capitalatlas.ai/funds/wutif-capital-vcc) — Seed
- Nimbus Synergies (https://capitalatlas.ai/funds/nimbus-synergies) — Seed
- Savox Investments — Seed