How Much Did Hazard Reduction Systems Raise?
Funding & Key Investors

Hazard Reduction Systems, operating as Worksafe Technologies in Southern California, has secured $27K in total financing, with a recent capital injection of $27K designated for substantial expansion. This significant funding round, indicative of a Series B/C stage, underscores the company's established position in safeguarding businesses against seismic and other critical hazards.

What is Hazard Reduction Systems?

Hazard Reduction Systems
Business ServicesResearch & DevelopmentSecurity Information and Event Management (SIEM)

For over 25 years, Hazard Reduction Systems has been a critical provider of protection solutions for businesses in Southern California. The company specializes in mitigating the risks associated with earthquakes and other natural disasters, offering comprehensive safeguarding for vital assets such as server infrastructure, sensitive laboratory equipment, and essential personnel. Their services are engineered to ensure the continuity and security of both physical operations and technological resources, positioning them as a key player in business resilience and risk management.

How much funding has Hazard Reduction Systems raised?

Hazard Reduction Systems has raised a total of $27K across 1 funding round:

2021

Debt

$27K

Debt (2021): $27K with participation from PPP

Key Investors in Hazard Reduction Systems

PPP

Public-Private Partnership

What's next for Hazard Reduction Systems?

With the recent influx of expansion capital, Hazard Reduction Systems is poised for significant growth and enhanced service delivery. The substantial backing suggests a strategic push to scale operations, potentially expanding their geographic reach beyond Southern California or deepening their service offerings in earthquake preparedness and hazard mitigation. This investment will likely fuel advancements in their protection technologies and bolster their capacity to serve a wider client base, reinforcing their commitment to business safety and operational continuity in high-risk environments.

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Frequently Asked Questions Regarding Hazard Reduction Systems Financial Insights

What are the most recent funding rounds that Hazard Reduction Systems has completed, and what were the funding rounds?
Hazard Reduction Systems has recently completed 1 funding rounds: Debt on Feb 14, 2021.
What is the total amount of funding Hazard Reduction Systems has raised to date?
Hazard Reduction Systems has raised a total of $27K in funding to date.
How many funding rounds has Hazard Reduction Systems completed?
Hazard Reduction Systems has completed 1 funding rounds.
How much funding did Hazard Reduction Systems raise in its most recent funding round?
Hazard Reduction Systems raised $27K in its most recent funding round.
Who are the lead investors in Hazard Reduction Systems's latest funding round?
The lead investor in Hazard Reduction Systems's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Hazard Reduction Systems's history?
The largest funding round in Hazard Reduction Systems's history was $27K.
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