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Aclaimant, an “insight-driven” safety and risk management platform that businesses use to monitor and report injuries and incidents in the workplace, has raised $15 million in a series B round of equity and debt funding.
While remote work has been a prominent fixture for most companies over the past year, many businesses are now preparing to return to physical offices in some capacity. And that is the world Aclaimant and its investors — including Next Coast Ventures — are betting on.
Founded in 2013, Chicago-based Aclaimant offers tools that support tracking and the follow-up actions required to improve safety in the workplace and serves clients from industries such as construction, hospitality, insurance, and HR. This includes electronically submitting incident reports with support for capturing videos, images, and other documentation.
Underpinning all of this are analytics that deliver insights into incidents and related claims activity, organizing all the data into a structured format and helping companies create reports to share with management and other stakeholders.
Above: Claims and incidents analytics
The company in January launched its AI-powered Aclaimant Insights feature, which it said uses predictive modeling to help organizations “evaluate and understand every facet of risk in their environment,” spanning safety, activities, incidents, and claims.
Other notable players in the space include Riskconnect, which was acquired by private equity giant Thoma Bravo a few years back.
Aclaimant had previously raised $13 million, and with its fresh $15 million cash injection the company is well-positioned to support businesses as they prepare for staff to return in the coming months. Indeed, tech giants such as Google and Amazon have both confirmed this week that they will shortly start transitioning their staff back to the office, with Amazon specifically noting that it expects most of its staff to be back by this fall.
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