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Safehub Raises $9 Million Series A to Make Every Building an IoT Device for Assessing Earthquake Damage Remotely
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The Company will use the capital to augment its growth and scale globally, based on demand from multinational organizations SAN FRANCISCO (PRWEB) April 27, 2021 San Francisco-based Safehub, which builds sensors and analytics software to deliver real-time, building-specific earthquake damage information, has raised $9 million of Series A financing led by A/O PropTech, Europe’s largest proptech VC, headquartered in London. Additional backers are Hannover Digital Investments (HDI Group) and JLL Spark, the strategic investment arm of commercial real estate services firm JLL. Existing investors Fusion Fund, Ubiquity Ventures, Promus Ventures, Bolt, Blackhorn Ventures, Maschmeyer Group Ventures, and Team Builder Ventures also contributed to the round.