Voxel

Voxel

AI solutions for workplace safety enhancement

About

VoxelAI enhances workplace safety using artificial intelligence technology, specifically targeting enterprise Environmental Health and Safety (EHS) and operations teams in industrial sectors. The main product is a near miss detection system that monitors the proximity between powered industrial trucks (PIT) and personnel, identifying potential collisions before they occur. This proactive approach helps prevent accidents, serious injuries, and equipment damage by generating real-time alerts and detailed reports for companies to act on. VoxelAI differentiates itself from competitors by not only providing advanced AI solutions but also emphasizing the importance of a strong safety culture through coaching and training. The goal is to create safer work environments, reduce downtime, lower injury-related costs, and improve productivity, ultimately delivering a strong return on investment for clients.

Company Stage

Seed

Employees

51-200

Industries

Industrial & Manufacturing, AI & Machine Learning

Total Funding

$29.2M

Headquarters

N/A

Founded

2020


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Simplify's Take

What believers are saying

  • VoxelAI's recent $30M funding round, including a $12M investment from industry leader Rite-Hite, positions the company for significant global expansion.
  • The company's innovative use of AI to enhance workplace safety has garnered recognition, including a nomination for VentureBeat’s AI Innovation Awards.
  • VoxelAI's solutions not only improve safety but also boost productivity and reduce costs, offering a compelling ROI for clients.

What critics are saying

  • The industrial safety market is highly competitive, requiring VoxelAI to continuously innovate to maintain its edge.
  • Scaling operations globally may present logistical and regulatory challenges that could impact growth.

What makes Voxel unique

  • VoxelAI's near miss detection system leverages advanced AI to proactively prevent accidents, setting it apart from traditional reactive safety measures.
  • The company's focus on fostering a strong safety culture through training and coaching adds a unique, holistic dimension to its offerings.
  • VoxelAI's integration of computer vision AI into existing security camera systems provides a cost-effective and scalable solution for industrial enterprises.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

14%

2 year growth

102%

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