SafetySpect Overview
- Year Founded
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2016
- Status
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Private
- Employees
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16
- Latest Deal Type
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Series A3
- Latest Deal Amount
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$5.86M
- Investors
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5
SafetySpect General Information
Description
Developer of multispectral imaging systems intended to detect contamination and assess cleanliness beyond visual inspection. The company's system integrates advanced imaging technology with artificial intelligence, enables large-surface-area scanning, replaces manual sampling methods such as swab-based testing, supports real-time analysis of hygiene conditions, and is applicable across sectors, including food safety, healthcare, and commercial cleaning, enabling organizations to monitor environments more comprehensively, reduce contamination risks, and improve safety assurance processes across facilities.
Contact Information
Website
www.safetyspect.comCorporate Office
- 4200 James Ray Drive
- Grand Forks, ND 58202
- United States
Corporate Office
- 4200 James Ray Drive
- Grand Forks, ND 58202
- United States
SafetySpect Timeline
SafetySpect Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 24. Later Stage VC (Series A3) | 08-Sep-2026 | $5.86M | Completed | Generating Revenue | ||
| 23. Later Stage VC (Series A2) | 11-Jun-2025 | Completed | Generating Revenue | |||
| 22. Later Stage VC | 19-Mar-2024 | Cancelled | Generating Revenue | |||
| 21. Grant | 28-Feb-2024 | Completed | Generating Revenue | |||
| 20. Grant | 01-Dec-2023 | Completed | Generating Revenue | |||
| 19. Grant | 30-Nov-2023 | Completed | Generating Revenue | |||
| 18. Angel (individual) | 01-Nov-2023 | Completed | Generating Revenue | |||
| 17. Debt - General | 01-Nov-2023 | Completed | Generating Revenue | |||
| 16. Debt Repayment | 01-Oct-2023 | $450K | $4.09M | Completed | Generating Revenue | |
| 15. Grant | 31-Aug-2023 | $313K | $4.09M | Completed | Generating Revenue |
VC Exit Predictor
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SafetySpect Comparisons
Industry
Financing
Details
SafetySpect Competitors (4)
One of SafetySpect’s 4 competitors is R-Zero, a Venture Capital-Backed company based in San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| R-Zero | Venture Capital-Backed | San Francisco, CA | ||||
| MolecuLight | Formerly PE-Backed | Toronto, Canada | ||||
| Kent Imaging | Venture Capital-Backed | Calgary, Canada | ||||
| 3M | Corporation | Saint Paul, MN |
SafetySpect Patents
SafetySpect Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-4433808-A1 | Active illumination-based multispectral contamination sanitation inspection system | Pending | 17-Nov-2021 | ||
| US-12276612-B2 | Active illumination-based multispectral contamination sanitation inspection system | Active | 17-Nov-2021 | ||
| US-20230152232-A1 | Active illumination-based multispectral contamination sanitation inspection system | Active | 17-Nov-2021 | ||
| WO-2023091373-A1 | Active illumination-based multispectral contamination sanitation inspection system | Inactive | 17-Nov-2021 | ||
| EP-4409520-A1 | System and method for assessing product | Pending | 05-Nov-2021 | G01N21/6486 |
SafetySpect Signals
SafetySpect Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| U.S. Department of Health and Human Services | Government | |||
| National Institutes of Health | Government | |||
| 701 Fund | Angel Group | Minority | ||
| Department of Agriculture | Government | |||
| U.S. Department of Commerce | Government |
SafetySpect Acquisitions (1)
SafetySpect’s most recent deal was a Merger/Acquisition with HyperMed. The deal was made on 11-May-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| HyperMed | 11-May-2025 | Merger/Acquisition | Diagnostic Equipment |
SafetySpect Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| HyperMed | Memphis, TN | 1997 |
SafetySpect FAQs
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When was SafetySpect founded?
SafetySpect was founded in 2016.
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Where is SafetySpect headquartered?
SafetySpect is headquartered in Grand Forks, ND.
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What is the size of SafetySpect?
SafetySpect has 16 total employees.
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What industry is SafetySpect in?
SafetySpect’s primary industry is Electronic Equipment and Instruments.
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Is SafetySpect a private or public company?
SafetySpect is a Private company.
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What is the current valuation of SafetySpect?
The current valuation of SafetySpect is .
-
What is SafetySpect’s current revenue?
The current revenue for SafetySpect is .
-
How much funding has SafetySpect raised over time?
SafetySpect has raised $15M.
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Who are SafetySpect’s investors?
U.S. Department of Health and Human Services, National Institutes of Health, 701 Fund, Department of Agriculture, and U.S. Department of Commerce have invested in SafetySpect.
-
Who are SafetySpect’s competitors?
R-Zero, MolecuLight, Kent Imaging, and 3M are competitors of SafetySpect.
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