Voxel raises $44 million

Voxel, a startup using AI to improve workplace safety, has raised $44 million in Series B funding led by NewRoad Capital Partners with participation from Eclipse, Rite Hite, Tokio Marine, MTech, HG Ventures, and Whitestone. This round brings the company’s total funding of $61 million.

Founded in 2020, the California-based startup helps organizations prevent accidents before they happen by identifying potential hazards and unsafe behaviors in real-time. The solution integrates directly with existing security cameras.

“We’re developing AI to support the workers performing demanding jobs day in and day out—on warehouse floors, in factories, in ports–really any industrial environment. Leaders don’t need more dashboards or things to do on a daily basis: They need tools that drive action, improve training, and keep teams protected in a way that is part of their daily workflow. Our deep commitment to understanding our customers’ operations is why they see up to an 80% reduction in high-risk behaviors just months after deployment.” – Vernon O’Donnell, CEO of Voxel.

“Voxel is solving a problem every operator understands—how to keep people safe while running complex, high-velocity environments. Their platform brings real-time visibility to the places it’s been missing for too long. The team has built something that works, and the market is ready for it.” – Chris Sultemeier, Operating Partner at NewRoad Capital Partners and former EVP of Logistics at Walmart.