V

Voxel

AI-powered near-miss detection for industrial safety

Overview

VoxelAI offers AI-powered safety solutions for industrial workplaces, targeting enterprise EHS and operations teams. Its near-miss detection system uses AI to monitor the proximity between powered industrial trucks and between trucks and workers, providing real-time alerts and reports to prevent collisions and injuries. The company also provides installation, training, ongoing support, and coaching to strengthen safety culture. Its goal is to prevent accidents, protect workers, and improve safety performance and productivity while lowering costs for industrial companies.

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About Voxel

Simplify's Rating
Why Voxel is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsIndustrial & ManufacturingEnterprise SoftwareAI & Machine Learning

Company Size

51-200

Company Stage

Series B

Total Funding

$74M

Headquarters

San Francisco, CA

Founded

2020

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Simplify's take

What believers are saying

  • Revenue rose 110% in 2026, and CNBC said sales approach the low-$20M range.
  • September 2026 hires of Hal Mady, Krishna Gopalakrishnan, and Asaf Elani strengthen scaling execution.
  • Voxel’s 2026 Inc. 5000 rank, Albertsons, and Performance Food Group validate enterprise demand.

What critics are saying

  • Voxel’s low-$20M revenue base cannot justify aggressive hiring if growth slows after 2026.
  • Intenseye, Visionify, Cority, and SafetyCulture bundle adjacent workflows, compressing Voxel’s pricing power.
  • If camera-first safety becomes a feature inside EHS suites, Voxel loses standalone relevance by 2028.

What makes Voxel unique

  • Voxel’s 95% existing IP camera compatibility cuts deployment friction across legacy sites.
  • Its 5 billion hours of industrial data powers 96%+ detection accuracy and site-specific models.
  • Ventral AI’s October 2026 acquisition deepens computer vision talent for European expansion.

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Funding

Total Funding

$74M

Above

Industry Average

Funded Over

4 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$44M
$45M
$65M
$100M

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Parental Leave
  • 401(k) Retirement Plan
  • Flexible Work Hours
  • Company Equity

Growth & Insights and Company News

6 month growth

1%

1 year growth

4%

2 year growth

6%
CNBC
Oct 30th, 2026
Voxel CEO on safety AI: revenue up 110% toward low $20M, plus a new acquisition

Voxel, an industrial-safety startup, uses computer vision on customers' existing cameras to flag ergonomics, vehicle, and fall risks. Chief executive officer Vernon O'Donnell, a hired CEO rather than a founder, outlined the approach in a conversation with Jon Fortt. Revenue is growing about 110% a year and is heading toward the low $20 million range this fiscal year. Albertsons and Performance Food Group are among its customers. O'Donnell also detailed a newly disclosed acquisition of 3D-simulation engineers. He grew up working-class in Indiana and enlisted at 17 to pay for college.

Axios
Oct 17th, 2026
BlueGrace Logistics for sale, Voxel's Series C plans, and other supply chain deals news

Catch up on this week's supply chain deals news.

PR Newswire
Oct 13th, 2026
Voxel acquires Ventral AI to boost computer vision and expand in Europe

Voxel, a San Francisco industrial intelligence company, has added Ventral AI to its team. Ventral AI is an AI and computer vision engineering firm that specialises in industrial automation. The two companies worked together for the past year in a strategic partnership on custom enterprise tools. Ventral AI's engineers will now join Voxel's engineering organisation. Voxel sells what it calls System of Reality software, which layers AI over existing camera infrastructure to deliver real-time operational intelligence. Chief executive officer Vernon O'Donnell said the team will help meet demand from industrial leaders facing supply chain volatility, labour constraints, and rising throughput demands. The deal supports Voxel's growing customer base in Europe and gives it access to talent from top European technical universities. Voxel ranked 71st on the Inc. 5000 list of fastest-growing companies.

Voxel AI
Oct 8th, 2026
Voxel expands executive leadership team with strategic hires across revenue, AI, and technical operations.

Voxel expands executive leadership team with strategic hires across revenue, AI, and technical operations. Welcomes Hal Mady as Chief Revenue Officer, Krishna Gopalakrishnan as Vice President of Perception and AI, and Asaf Elani as Field Chief Technology Officer. [San Francisco, CA] September 10, 2026 - Voxel, the industrial intelligence company reenvisioning how real-world work gets done, today announced the expansion of its leadership team with three strategic appointments: Hal Mady as Chief Revenue Officer (CRO), Krishna Gopalakrishnan as Vice President of Perception and AI, and Asaf Elani as Field Chief Technology Officer (Field CTO) The executive hires come alongside rapid growth for Voxel, which recently ranked No. 71 on the Inc. 5000 list of America's fastest-growing private companies. The new additions strengthen Voxel's operational foundation across go-to-market, core AI, and forward-deployed engineering as the company scales its active intelligence platform to continuously optimize site operations. Hal Mady, Chief Revenue Officer: Mady will lead Voxel's global go-to-market strategy and commercial operations. A seasoned revenue executive with a track record of guiding SaaS organizations through critical high-growth inflection points and four successful exits, Mady's background includes early revenue leadership at DocuSign, executive roles at K2, Shiftboard, and Kony, and serving as CEO of Dash through its acquisition by DaySmart Software. Most recently, he served as CRO at FormAssembly and President & GM at airSlate. Krishna Gopalakrishnan, Vice President of Perception and AI: Gopalakrishnan will lead the engineering organization building the core computer vision systems and operational AI models powering Voxel's platform. Bringing deep technical leadership in real-time computer vision, Gopalakrishnan focuses on expanding Voxel's capability to see, understand, and act on physical operations in real time. Asaf Elani, Field Chief Technology Officer: Elani will serve as the primary technical bridge between enterprise customers and Voxel's core product teams through a forward-deployed execution model. He brings specialized expertise in partnering directly with site leaders to turn applied AI models into scalable, enterprise-grade capabilities that deliver rapid time-to-value. "These additions to our leadership team come at a pivotal moment for Voxel as we come off the heels of our Inc. 5000 milestone," said Vernon O'Donnell, CEO of Voxel. "Bringing Hal, Krishna, and Asaf on board gives us the strategic leadership to continue our rapid growth, innovate our active intelligence platform, and deliver greater operational impact for the enterprises that rely on us." In addition to its rapid market expansion, Voxel was recently recognized by Newsweek as one of America's Greatest Workplaces, reflecting the company's commitment to building an innovative, high- performing culture alongside its business momentum. About Voxel. Voxel is revolutionizing workplace operations with its AI-powered site visibility platform, designed to help organizations identify and mitigate risks in industrial environments. Using existing cameras, Voxel transforms basic video footage into actionable insights, enabling organizations to proactively make workplaces more effective and safer. Voxel partners with businesses across industries such as warehousing, manufacturing, distribution, and insurance.

PR Newswire
Sep 10th, 2026
Voxel appoints CRO, VP of AI, and Field CTO as industrial intelligence firm ranks 71st on Inc. 5000

Voxel, an industrial intelligence company, has expanded its leadership team with three strategic appointments. The company named Hal Mady as Chief Revenue Officer, Krishna Gopalakrishnan as Vice President of Perception and AI, and Asaf Elani as Field Chief Technology Officer. The hires follow Voxel's ranking at No. 71 on the Inc. 5000 list of America's fastest-growing private companies. Mady brings experience from DocuSign, K2, and other SaaS firms, having led four successful exits. Gopalakrishnan will oversee computer vision systems and operational AI models. Voxel's platform uses existing cameras to transform video footage into actionable insights for industrial environments. The company serves industries including warehousing, manufacturing, distribution, and insurance.

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