Protex AI, an AI solution for workplace safety, based in Dublin, today announced the close of a successful Series B round at $36 million. Led by Hedosophia, notable participants include Salesforce Ventures and existing investors, showing increased confidence in AI-driven solutions for enhancing workplace safety.

Protex AI was founded with a dream to revolutionize workplace safety through the development of AI-powered solutions that proactively identify and mitigate potential hazards in industrial environments. The company focuses on creating safer and smarter workplaces by using advanced computer vision and artificial intelligence in order to minimize accidents and maximize operational efficiency.

The $36 million Series B funding round received oversubscriptions, which underlines the investment interest in the innovative approach at Protex AI to workplace safety. Hedosophia leads this round with wealth of experience and scaling technology companies, while the participation of Salesforce Ventures underlines the strategic need for integrating solutions based on AI into enterprise operations. 

Existing investors also participated as a testament of their confidence about the growth trajectory of Protex AI.

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Founded by Dan Hobbs and Ciarán O’Mara, Protex AI addresses this by helping businesses use AI to analyze security video footage for behavior and patterns that could lead to accidents, helping them improve safety, protect their workforce, and optimize operations in real time.

Partnering with major companies like DHL, Protex AI has achieved an average 64% reduction in risk within three months of deployment. The company’s privacy-first technology ensures data security while proactively addressing safety challenges. Recently, Protex AI launched Protex Copilot, a generative AI tool that helps safety professionals analyze data and provide tailored recommendations to prevent accidents and fatalities.

Serving Fortune 500 clients across manufacturing, logistics, and life sciences, Protex AI has expanded to over 20 countries. With new funding, the company plans to grow its U.S. presence and continue driving innovation in workplace safety.

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Protex AI uses advanced computer vision and AI to constantly monitor industrial work environments. The system can identify unsafe behaviors of missing personal protective equipment, misuse of machinery, among others, by scanning existing security cameras and data. 

If the system identifies a potential hazard, the platform sends alerts to the safety managers instantly to take the required intervention on time. Not only does this prevent accidents, but it also promotes a culture of safety within an organization.

The industrial sector is growing with pressures in terms of rising regulation and operational challenges, making worker safety highly pertinent. Conventional safety measures continue to be reactive in nature, dealing with problems when they have happened. 

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Protex AI’s solution changes this paradigm, providing proactive inputs based on data, which promise to prevent accidents before they happen. This approach resonates with the new needs of industries as they look at specific ways to improve resilience, efficiency, and employee well-being.

Investors highly support Protex AI’s mission and technology. The Principal at Salesforce Ventures, Jessica Bartos opined, “Protex AI’s safety solution provides employers with the critical insights they need in order to make real-time decisions that mitigate risk and better protect their workforce.” This reflects the broader industry recognition of the value that AI-driven safety solutions bring to modern.

Protex AI’s solutions have been successfully integrated into several industries, leading to significant improvements in safety metrics. For example, a major e-commerce distribution center experienced a great increase in orders from customers; therefore, they needed more employees on-site. 

By using Protex AI’s platform, the company ensured safety incidents were as low as possible despite the rising demands on operational levels.

Protex AI aims to continue advancing its technology, incorporating more sophisticated AI and machine learning algorithms to enhance predictive capabilities. The company also plans to expand its market reach, targeting additional industries where workplace safety is paramount. By fostering partnerships with key stakeholders and continuously innovating, Protex AI is well-positioned to lead the transformation of workplace safety standards globally