Watch out: construction ahead! Meet Singapore’s Ailytics. They use AI to help construction and manufacturing companies keep their workers safe (and more productive!). Now, they’ve raised a $2.7M Pre-Series A!

• Their solutions have been implemented in 70+ projects and integrated with 1000+ cameras in 4 countries across industries.
• They’ve reduced their customers’ need for manual inspections by up to 50% while increasing hazard detection up to 7x.

Investor check. The round was led by Tin Men Capital.

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🏗️ What’s the problem?

Construction and manufacturing companies need to keep their workers safe, and regulators are announcing stricter safety standards.

It’s more than just an ethical issue—not being compliant means projects may get delayed, face penalties, and lose revenue.

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👷🏻‍♀️ The win-win solution

And this is where Ailytics comes in! Their tech helps save workers’ lives, prevent accidents, and improve productivity.

• They’ve seen companies increase productivity by up to 25% with their solutions.

Works on top of what you have. Their AI solution taps on your existing cameras to give you real-time actionable insights of unsafe acts, productivity, and security breaches.

• With just your video CCTV feed, it can handle complex use cases like calculating the danger zone under heavy loads and the radius of a danger zone around hazardous equipment.
• Companies have also seen ROI through reduced bad behavior, downtime from audits, work-stop orders, and lowered fines.
• It’s still highly accurate even if you only have low-resolution cameras.

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✈️ Watch out, world!

With the new $$$, they’ll be expanding to new markets like Hong Kong, the Middle East, Japan, and Oceania, as well as investing in R&D.

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Updated April 2, 2024 at 3:17 PM to reflect that Ailytics has integrated with 1000+ cameras.