CriticalArc Pty
CriticalArc is a service that helps organizations respond to and handle critical situations more effectively.
Backed by
Raised 1M EQUITY on October 15, 2015
About
CriticalArc provides cloud and mobile safety software, including SafeZone, enabling incident reporting, emergency alerts, and protective escort coordination for campuses and large venues across universities and enterprise sites.
Mission
CriticalArc is a safety software startup that provides cloud- and mobile-based tools to help organisations proactively manage security, safety and emergencies. Its platform is reported to be in use by over 70 organisations across the Asia-Pacific, the UK, Europe and the Middle East. The company completed an equity crowdfunding campaign through VentureCrowd, raising capital from external investors. The round brought in nearly $1 million from 11 investors in exchange for an 8.3% stake. The article highlights the campaign as another validation of equity crowdfunding in Australia, according to VentureCrowd founder Jeremy Colless. No additional operational or revenue metrics were disclosed in the article. CriticalArc has developed SafeZone, a security and communication app that enables users to call for help and report incidents in open spaces such as university campuses. The company was co-founded by Jahmai Lay and Glenn Farrant and was incubated by the University of Wollongong’s StartPad. Customers include Curtin University, the University of Wollongong and the University of Newcastle (Australia). According to reports, CriticalArc raised $1M in funding to support growth. The company intends to use the funds to expand adoption of SafeZone in the UK and US. The raise was backed by Commercialisation Australia and private investors including Hunter Angels Trust and Sydney Angels.
Quick Facts
Founded
2011
Funding
EQUITY
Industry
Enterprise Software, Real Time, SaaS, Security, Software
Team Size
11-50
Headquarters
Sutherland, New South Wales, Australia
Careers
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