Notify raises £1.5 million to enhance safety platform

A safety tech company has secured funding to improve its artificial intelligence-driven platform.

Notify Technology has raised £1.5 million from Calculus Capital, the North East Venture Fund, which is supported by the European Regional Development Fund and managed by Mercia Ventures, and private investors.

The round brings the total investment raised by the Newcastle-based firm to more than £7 million.

Bosses say the cash will “further enhance” Notify’s platform, which has more than 250,000 users worldwide and enables businesses to digitally track accidents, near misses, audits and risk assessments, all from a central location.

Duncan Davies, co-founder and chief executive, said: “I’m delighted we’ve been able to raise additional capital from long term investors to support our latest innovations and continue our growth trajectory. 

“Thousands of organisations are recognising the value of looking after the health, safety and wellbeing of their workforce, and we are now perfectly placed to deliver software that drives employee engagement and productivity.”

Dr Natalia Blagburn, Mercia Ventures' venture capital investment director, added: “With businesses facing tighter regulations and rising insurance claims, Notify’s platform helps them manage risks. 

“Incorporating artificial intelligence will make it even more powerful - transforming safety management from a reactive to a proactive process, and helping businesses prevent accidents rather than just respond to them.”

Founded in 2017, Notify recently moved to new offices in Newcastle and employs 27 staff. 

Oliver Ricket, managing associate at law firm Womble Bond Dickinson, provided legal advice to Notify.

He added: “It has been great to work with Duncan and the Notify team again on this further investment in an exciting North East success story. 

“We are passionate about supporting regional tech businesses and are delighted to see Notify continue to grow and be front and centre of this important sector.”

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