Loading organizations...
§ Private Profile · 46 S Park St San Francisco, CA 94107 United States
Safehub is a company.
Safehub has raised $16.0M across 3 funding rounds.
Key people at Safehub.
Safehub has raised $16.0M in total across 3 funding rounds.
Safehub develops an innovative platform that utilizes IoT sensors and advanced analytics to provide building-specific, real-time data on earthquake damage. This technology offers crucial insights for catastrophe risk management, enabling organizations to assess seismic impact immediately following an event. Its physics-based approach, augmented by AI, delivers actionable intelligence for proactive planning and efficient recovery strategies.
Founded in 2015 by Andy Thompson, Safehub emerged from the critical need for a more granular and timely understanding of earthquake effects on structures. Thompson, an earthquake expert with extensive experience in catastrophe risk management, envisioned a scalable solution to democratize access to vital seismic data. This insight aimed to move beyond generalized risk assessments to precise, building-level evaluations.
Safehub serves corporations and organizations seeking to mitigate earthquake-related risks and optimize their post-disaster response. The company’s vision is to transform catastrophe risk management by making earthquake damage monitoring simple, affordable, and scalable. Safehub empowers clients to minimize business interruption and enhance resilience against seismic events through data-driven decision-making.
Safehub has raised $16.0M in total across 3 funding rounds.
Safehub's investors include A/O PropTech, 1776, Alumni Ventures, Fusion Fund, Alain Hanover, Steve Chen, Blackhorn Ventures, Bolt, Ulrich Wallin, David Gerster, MGV, Promus Ventures.
Safehub has raised $16.0M across 3 funding rounds. Most recently, it raised $9.0M Series A in April 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2021 | $9M Series A | A/O PropTech | 1776, Alumni Ventures, Fusion Fund, Alain Hanover, Steve Chen, Blackhorn Ventures, Bolt, Ulrich Wallin, David Gerster, MGV, Promus Ventures, Team Builder Ventures, Ubiquity Ventures | Announced |
| Jul 23, 2020 | $5M Seed | LU Zhang, Sunil Nagaraj | Blackhorn Ventures, Bolt, MGV, Promus Ventures, Team Builder Ventures | Announced |
| Oct 1, 2019 | $2M Seed | — | Alumni Ventures, Fusion Fund, Alain Hanover, Steve Chen | Announced |
Key people at Safehub.
Safehub is a San Francisco-based portfolio company founded in 2015 that develops IoT sensors and cloud-based software for real-time, building-specific damage assessment during earthquakes and other catastrophes.[1][2][3] It serves enterprises like technology firms, logistics companies, and property managers with multi-site portfolios, solving the critical problem of delayed structural inspections that lead to unnecessary shutdowns, business interruptions, and financial losses.[2][3][6] By delivering immediate data on building health via sensors measuring ground motion and structural changes, Safehub enables faster emergency response, safer re-occupancy decisions, and minimized downtime, with $14M in total funding including a $9M Series A in 2021 led by A/O PropTech and investors like Hannover Digital Investments.[1][4]
The platform integrates proprietary sensors, analytics, and third-party data into a dashboard with alerts via web, text, and email, supporting business continuity, insurance claims, and risk management.[3][6] Early adopters include major tech and logistics firms, highlighting its momentum in a market vulnerable to seismic events.[3][4]
Safehub was founded in 2015 by Andy Thompson (CEO), a globally recognized earthquake expert with 25 years in catastrophe risk management and co-author of related publications, and Doug Frazier, both veterans in the field.[2][4] Originally known as Indicat Technology, the company emerged from the founders' expertise in extreme events, addressing the gap in real-time, building-level data post-disaster rather than relying on slow, generic assessments.[2][3]
Pivotal early traction came from deploying low-cost, easy-install sensors that detect damage indicators like changes in building natural frequencies, proving value for global portfolios—such as a pharmaceutical firm's facilities in California, Mexico, and Japan.[3] This led to adoption by enterprise clients and culminated in the 2021 $9M Series A, fueling expansion beyond earthquakes.[1][4]
Safehub rides the disaster tech and proptech wave, capitalizing on rising climate risks, urbanization in seismic zones, and demand for IoT-driven resilience in commercial real estate.[2][4] Timing aligns with increasing earthquake frequency in tech hubs like San Francisco and global supply chain vulnerabilities, where minutes of downtime cost millions.[3][6]
Market forces favoring it include insurer needs for precise parametric triggers and real-time claims data, plus regulatory pushes for business continuity amid events like California's quakes.[4][5] Safehub influences the ecosystem by enabling data-driven decisions that cut losses, inspire similar IoT applications in climate risk (e.g., competitors like Climate Alpha), and bridge insurance, real estate, and emergency management.[2][5]
Safehub is poised to expand its multi-hazard platform, leveraging Series A funds for global sensor rollout and AI-enhanced analytics to cover floods, winds, and fires.[4][6] Trends like AI climate modeling and edge computing will amplify its edge, while partnerships with reinsurers like Hannover Re could unlock parametric insurance innovations.[4][5]
Its influence may grow as enterprises prioritize resilience amid escalating disasters, potentially dominating building IoT for risk management and setting standards for post-catastrophe recovery—turning every building into a smart, resilient asset, much like its founding vision to expedite response and recovery.[3][4]
