HammerTech, a pioneer in safety intelligence for the construction industry, has announced a significant funding round, successfully raising $105 million to further enhance its revolutionary software platform. Founded in 2013, HammerTech has established itself as a trusted partner for over 20,000 projects, collaborating with notable contractors such as Hutchinson, DPR Construction, Shawmut Design and Construction, and John Paul Construction. The company's innovative solution consolidates multiple applications and paper processes into a single platform, empowering site and leadership teams with actionable insights to boost efficiency and elevate safety standards across job sites.
With this latest capital injection, HammerTech aims to expand its capabilities, delivering even deeper safety insights and enhancing its functions in contractor management, orientation and training, and site operations. As the demand for improved safety protocols rises in the construction industry, HammerTech's unique ability to streamline processes while augmenting subcontractor accountability places it at the forefront of the safety software market. The raised funds will accelerate scheduled product advancements, broaden their reach globally, and facilitate initiatives designed to train and support contractors in adopting and maximizing the platform's potential.
As HammerTech continues its mission to transform construction sites into safer workplaces, this funding round serves as a testament to the trust placed in the platform by industry leaders. The company invites all construction professionals to join this critical movement toward enhanced worker safety and operational excellence, ensuring that construction sites worldwide become models of safety and efficiency.
