What is MākuSafe?
Founded in 2016 and headquartered in West Des Moines, Iowa, MākuSafe provides a comprehensive platform designed to track and improve critical metrics related to employee well-being and operational efficiency within the manufacturing industries. The company's innovative approach aims to mitigate risks, reduce workplace incidents, and boost overall productivity through data-driven insights and actionable analytics.
How much funding has MākuSafe raised?
MākuSafe has raised a total of $10.3M across 6 funding rounds:
Angel/Seed
$1.3M
Angel/Seed
$3M
Multiple Rounds
$5.7M
Debt
$390K
Angel/Seed (2017): $1.3M with participation from EMC Insurance Companies
Angel/Seed (2019): $3M led by EMC Insurance Companies
Other Financing Round (2020): $1.5M supported by EMC Insurance Companies and Next Level Ventures
Debt (2020): $150K featuring PPP
Unspecified (2020): $4M backed by EMC Insurance Group Inc and Next Level Ventures
Debt (2021): $390K with participation from PPP
Key Investors in MākuSafe
Next Level Ventures
Next Level Ventures is a prominent investment firm based in Iowa, managing over $400 million in assets across a diverse portfolio of more than 45 companies. The firm specializes in providing strategic investments ranging from seed funding to growth-stage funding, with typical investments between $0.5 to $5.0 million. They focus on building partnerships, particularly in the fintech sector, and actively support their portfolio companies with financial, operational, and networking assistance. Next Level Ventures aims to deliver profitable outcomes for entrepreneurs while making meaningful contributions to the innovation ecosystem.
EMC Insurance Group Inc
EMC Insurance Group Inc. is a significant financial institution that has provided backing to MākuSafe, indicating a strategic alignment with the company's mission to improve industrial safety and productivity.
PPP
Public-Private Partnership
What's next for MākuSafe?
The recent major strategic investment signals a pivotal phase for MākuSafe, likely enabling the company to accelerate product development, expand its market reach, and enhance its technological capabilities. This capital infusion is expected to fortify its position as a leader in industrial safety and productivity solutions, potentially paving the way for further scaling and market penetration in the enterprise sector.
See full MākuSafe company page