
spacebands
Spacebands create software and wearable technology to make workplaces safer.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor investor | €0.0 | round | |
* | £1.0m | Seed | |
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 350 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Spacebands.com is a startup that operates in the safety technology market, offering a unique solution to improve workplace health and safety. The company provides wearable devices that alert users in real-time to potential hazards, helping to prevent workplace injuries and reduce staff sickness. The devices use Bluetooth technology, not GPS, to communicate safety alerts, ensuring privacy for employees.
The company's business model is based on a subscription service, charging just £1 per employee per day. This makes it an affordable solution for businesses of all sizes. The devices are designed to be easy to deploy at scale, making it a viable option for large corporations as well as small businesses.
Spacebands.com also offers an analytics dashboard and mobile app, which digitises safety reporting. This means that instead of safety reports getting lost or forgotten, they are stored digitally and can be easily accessed and analysed. This allows businesses to identify trends and improve their safety practices over time.
The company's target market is businesses that are looking to improve their health and safety practices and reduce workplace injuries. This could include industries such as construction, manufacturing, and logistics, where workplace hazards are common.
In summary, Spacebands.com is a safety technology startup that offers a unique and affordable solution to improve workplace health and safety. The company operates on a subscription model, providing wearable devices and a digital safety reporting system to help businesses prevent injuries and improve their safety practices.
Keywords: Safety Technology, Workplace Health, Wearable Devices, Real-Time Alerts, Subscription Service, Digital Safety Reporting, Analytics Dashboard, Mobile App, Privacy, Hazard Prevention.