Smartvid.io receives $5M in funding
Dive Brief: Smartvid.io, the construction safety artificial intelligence platform, has announced a new $5 million round of funding, bringing the total the software company has raised to $21 million. Smartvid.io uses AI to address risks and improve jobsite safety, cutting incident rates by as much as 50% for major contractor clients, including Suffolk, Skanska and Barton Malow, the firm says. In recent months, Smartvid.io has used data to help understand COVID-19 responses by region, which helps contractors benchmark their programs to understand where they can improve jobsite health and safe...
Source: constructiondive.com