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MakuSafe

makusafe.com

Founded Year

2016

Stage

Seed VC - II | Alive

Total Raised

$10.78M

Last Raised

$3.94M | 3 yrs ago

About MakuSafe

MakuSafe provides workforce wearables for hazard management and business intelligence. The company's wearable devices track employee behavior to eliminate unnecessary risks and provide greater insight into productivity.

Headquarters Location

1201 Maple Street

West Des Moines, Iowa, 50265,

United States

515-850-0995

MakuSafe's Product Videos

ESPs containing MakuSafe

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Insurance / P&C Insurance Tech

P&C insurers can use worker wearables to better understand the risks workers face on a daily basis. These devices can detect incidents in real time and even warn workers when they are in a risky situation to prevent potential incidents. Wearables come in a range of forms — from smart watches and bands to more worker-specific wearables like smart hard hats and safety vests.

MakuSafe named as Challenger among 6 other companies, including GuardHat, Kinetic, and StrongArm Technologies.

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MakuSafe's Products & Differentiators

    MakuSafe Solution

    The patented MākuSafe® system combines a robust safety management software platform with innovative wearable technology that provides immediate access to real-time EHS data with predictive value.

Research containing MakuSafe

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned MakuSafe in 2 CB Insights research briefs, most recently on Aug 26, 2022.

Expert Collections containing MakuSafe

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

MakuSafe is included in 6 Expert Collections, including Construction Tech.

C

Construction Tech

873 items

Companies using technology to improve processes in the construction industry.

S

Supply Chain & Logistics Tech

4,208 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

W

Wearable Computing

424 items

Wearable computing is broadly defined as companies developing devices worn or placed on the body that are equipped with technology, which can range from wearable medical devices to AR/VR headsets to GPS pet collars.

I

Insurtech

4,369 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

F

Fintech

7,940 items

US-based companies

A

Advanced Manufacturing

4,101 items

Companies focused on the technologies to increase manufacturing productivity, ranging from automation & robotics to AR/VR to factory analytics & AI, plus many more.

MakuSafe Patents

MakuSafe has filed 7 patents.

The 3 most popular patent topics include:

  • Workers' compensation
  • Occupational safety and health
  • Safety engineering
patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/6/2021

12/13/2022

Biometrics, Occupational safety and health, Clinical research, Safety equipment, Clinical trials

Grant

Application Date

5/6/2021

Grant Date

12/13/2022

Title

Related Topics

Biometrics, Occupational safety and health, Clinical research, Safety equipment, Clinical trials

Status

Grant

Latest MakuSafe News

MakuSafe Announces Wearable Tech Upgrades For Contact Tracing And Industry 4.0 Automation Integrations

Mar 29, 2021

West Des Moines, IA /PRNewswire/ - MākuSafe recently released two updates which will have a significant impact for industrial organizations who need effective contact tracing and for those seeking industry 4.0 automation capabilities. MākuSafe is the leading connected worker technology; combining a safety focus with the ability to digitally connect workers to smart machines, smart buildings and other factory automation technology. Proximity Detection with RāngeView The first of these enhancements is built around MākuSafe's RāngeView technology, which allows a wearable device on the arm of a worker to detect proximity to other wearables, as well as other IIoT devices. This enables accurate contact tracing, and also opens up a range of possibilities for integrating the connected worker with a smart factory. MākuSafe wearables are now speaking to IoT enabled equipment, providing a significant opportunity for improved productivity. The company is now beginning to help clients control access to restricted spaces or machinery based on who's wearable device is present. Cloud Business Platform MakuSafe's cloud based platform is at the heart of their newest innovation. MakuSmart not only ingests data from their innovative workforce wearable technology, but it also functions as a robust business platform that integrates with customer automation solutions. This provides a new level of integration and context between the connected worker and factory software. "Connected workers are the future of every worksite across the planet. Just like safety glasses, hearing protection, and hard hats, workforce wearables are the next evolution. Increased safety and improved productivity are the driving forces behind Industry 4.0 and connected worker technologies like MākuSafe," said Gabriel Glynn CEO, MākuSafe. New Reporting Functionality with Contact Tracing The MākuSmart software platform offers robust data analytics. Immediately actionable high priority notifications are provided in an easy to understand layout to aid safety leaders. Now, a full reporting module has been added so clients can extract and study meaningful data by creating their own custom reports, or by using a suite of pre-designed report templates. One of these available templates allows for on-demand contact tracing for any specified timeframe. If a worker has been exposed or diagnosed with COVID-19, their employer can provide notifications to those whom they have been within six feet of immediately. For employers in states where legislation has been passed like California's AB 685 , which requires companies to have contact tracing knowledge and provide notifications to exposed workers, this enhancement eases that burden now, and can be adapted as regulations evolve. Subscription Model MākuSafe offers its solution in an all-inclusive subscription model at $22 per wearable device per month. Firmware upgrades to its hardware, like their recent proximity upgrade, are easily pushed out to existing customers offering enhanced capabilities for no additional cost. The company provides continuous delivery of software upgrades to its MākuSmart platform as well, so new features and functionality are continually being released for maximum immediate value. "The industrial wearables market is projected to grow from USD 1.1 billion in 2019 to USD 8.6 billion by 2024," as noted in the 2020 Markets to Markets Report . MākuSafe currently has customers in multiple states and has just begun shipping internationally. About MākuSafe MākuSafe is an award-winning safety data and analytics company. Our mission is to improve worker health, safety, and productivity while reducing worker compensation claims and mitigating workplace hazards and risk exposures. MākuSafe's patented wearable technology gathers real-time leading indicators of environmental conditions, potentially hazardous motion data, near-miss voice memos from workers, and the location of these occurrences within a facility or site. Our cloud platform, MākuSmart, takes in data from our wearable tech and other Industry 4.0 IIoT systems and equipment, then uses machine learning and AI to identify high-risk trends in the facility, aid process efficiencies, and provides automation integration potential. MākuSmart makes hazard intelligence immediately actionable, proactively targets remediation resources to specific conditions and occurrences, and streamlines compliance reporting as well as offering COVID related features. Learn more at https://makusafe.com/ Source: MakuSafe

MakuSafe Frequently Asked Questions (FAQ)

  • When was MakuSafe founded?

    MakuSafe was founded in 2016.

  • Where is MakuSafe's headquarters?

    MakuSafe's headquarters is located at 1201 Maple Street, West Des Moines.

  • What is MakuSafe's latest funding round?

    MakuSafe's latest funding round is Seed VC - II.

  • How much did MakuSafe raise?

    MakuSafe raised a total of $10.78M.

  • Who are the investors of MakuSafe?

    Investors of MakuSafe include Next Level Ventures, EMC Insurance Group, Paycheck Protection Program, BrokerTech Ventures, Colin Hurd and 5 more.

  • Who are MakuSafe's competitors?

    Competitors of MakuSafe include StrongArm Technologies and 1 more.

  • What products does MakuSafe offer?

    MakuSafe's products include MakuSafe Solution and 2 more.

Compare MakuSafe to Competitors

Modjoul Logo
Modjoul

Modjoul develops industrial IoT offerings designed to improve operations. Modjoul's wearable technology, a low-profile SmartBelt, is used to provide insight into employee safety and how employees perform at work. The company's patented SmartBelt is part of an employee's uniform and uses sensors to gather data about the employee's safety and performance. The data is then encrypted, transmitted, and displayed on customizable online dashboards. Modjoul was founded in 2016 and is based in Greenville, South Carolina.

S
StrongArm Technologies

StrongArm Technologies offers a platform that captures, analyzes, and delivers insights that drive worker safety and enterprise value. StrongArm Technologies also develops, manufactures and deploys industrial safety equipment utilizing smart sensors and machine learning.

K
Kinetic

Kinetic is a company that develops wearable devices to reduce musculoskeletal injuries of industrial workers. The company's product can measure the risk of injury of a worker based on lifting posture and activity, and provides feedback to the worker as well as information to the safety manager on how to reduce that risk.

GuardHat Logo
GuardHat

GuardHat is a mid-stage technology firm that develops a multi-product intelligent safety system that integrates wearable technology and advanced proprietary software. The firm's products include a modular software platform, worker condition monitoring, and controlled access zoning solutions. It was founded in 2014 and is based in Detroit, Michigan.

DorsaVI Logo
DorsaVI

DorsaVi is a biotechnology company focused on developing motion analysis device technologies. dorsaVi's products are used by elite athletes and sporting teams, corporate OH&S and health care professionals managing back pain and sports injuries.

Soter Analytics Logo
Soter Analytics

Soter Analytics develops a device designed to help solve specific productivity and safety challenges. Examples include reducing muscle injuries, predicting fatigue, and optimizing factory design. Soter Analytics was founded in 2015 and is based in London, England.

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