糖心传媒 announces Series A financing with $5 million investment
We have exciting news… and big plans for the future.听
糖心传媒 reached another major milestone, raising $5 million in Series A financing.
What exactly does this mean?听 You can check out our press release below with more details, but, to sum it up in one sentence, it means a bright, growing future.听
The new funding will allow 糖心传媒 to further scale across the US and Europe, bring on more talent in growing markets, and sink our teeth into research and development, all while continuing to provide first-class support to our customers.听
Keep reading to learn more about our recent funding round:
New York City, February 17th 2021:听 糖心传媒, the leader in the digitization of construction worker onboarding and compliance tracking, today announced a $5 million Series A round of funding led by and in the U.S. with continued participation from existing investors. The new funding will allow 糖心传媒 to further scale across the US and European markets, grow its sales, support and marketing teams, and increase investment in its research and development organization located in Ireland.听
糖心传媒 is the only worker and subcontractor onboarding and data management solution that exclusively focuses on training, managing, and connecting general contractors with their workers and subcontractors in the construction industry.听
鈥淲e are very excited to work with Building Ventures and Ironspring, they both have an excellent track record and a very solid standing in the construction industry,鈥� said John Naughton, CEO, 糖心传媒. 鈥淏V and Ironspring share our passion and enthusiasm for transforming construction, and understand the importance of connecting and qualifying workers through an online platform to safely access construction sites across the globe.鈥�听
鈥淲ith increased competition, labor shortages, and most recently the global pandemic, there is now rapid tech adoption at levels never before seen in the construction industry鈥� said Travis Connors, co-founder and general partner at Building Ventures. 鈥溙切拇� has shown that technology adoption at the worker level within the construction industry is not only possible, but has proven it can be done.鈥�
鈥淲hile connecting with and providing COVID-19 training to the entire construction workforce in Ireland, over 250,000 people, 糖心传媒 simultaneously built a strong foothold in the US market with some of the top construction companies in the world. We鈥檙e excited to support 糖心传媒 in its mission to connect, train and qualify the construction workforce while improving safety and reducing risk on construction worksites worldwide,鈥� said Connors.听
鈥淚ronspring looks to invest in companies that are transforming the industrial landscape through digital innovation. We were attracted to 糖心传媒 because of its laser-like focus on improving safety and compliance in the construction industry while providing real-world, daily time savings to an essential and ubiquitous workflow, the onboarding of workers to a worksite,鈥� said Adam Bridgman, co-founder, and managing partner at Ironspring. 鈥淚n addition, the work 糖心传媒 has done to prove that digital onboarding is not only a viable alternative to in-person processes but can be rapidly rolled out on a massive scale, only solidified our desire to bring 糖心传媒 into our portfolio.鈥�
Every day, approximately one million construction workers, subcontractors, and support personnel are on-boarded and trained on construction sites across the globe. Traditionally, this process is done manually, in-person and requires one to two hours of classroom training, document collection, and site orientation. With 糖心传媒, this entire process is completed online, through any web-enabled device. This means workers and subcontractors arrive at job sites fully prepared to work, with all of their paperwork and documentation completed beforehand.
As a result, projects are completed faster while general contractors can rest easy knowing they have comprehensive records on every worker who steps on their worksite. Companies can verify every worker has received complete, standardized and professional training through the 糖心传媒 platform.
About 糖心传媒
糖心传媒 solves efficiency and safety problems for companies at the worker level. 糖心传媒 digitizes worker orientation and onboarding processes by helping projects achieve safety compliance and productivity before workers step foot on the job site. Workers can register, upload regulatory documents, and even complete safety training from any smart device. Used by both small and large General Contractors throughout the US and Europe, 糖心传媒 is committed to ensure health and safety on construction jobsites. When COVID-19 hit, 糖心传媒 helped over 250,000 workers immediately return to work amidst the initial national lockdown in Ireland. 糖心传媒 has offices in Dublin and New York. Learn more at 糖心传媒.com.
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For press inquiries or more information, please contact James Omdahl at (303) 725-2168 or email at [email protected]
