SafetySpect Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Employees
  • 16

Employees

  • Latest Deal Type
  • Series A3

  • Latest Deal Amount
  • $5.86M

  • Investors
  • 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

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 4200 James Ray Drive
  • Grand Forks, ND 58202
  • United States
+1 (310)
Primary Industry
Electronic Equipment and Instruments
Other Industries
Medical Supplies
Corporate Office
  • 4200 James Ray Drive
  • Grand Forks, ND 58202
  • United States
+1 (310)

SafetySpect Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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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
To view SafetySpect’s complete valuation and funding history, request access »

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SafetySpect Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of multispectral imaging systems intended to detect contamination and assess cleanliness beyond visual inspect
Electronic Equipment and Instruments
Grand Forks, ND
16 As of 2026

San Francisco, CA
 

Toronto, Canada
 
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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
To view SafetySpect’s complete competitors history, request access »

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
To view SafetySpect’s complete patent history, request access »

SafetySpect Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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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
To view SafetySpect’s complete investors history, request access »

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
To view SafetySpect’s complete acquisitions history, request access »

SafetySpect Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
HyperMed Memphis, TN 1997

SafetySpect FAQs

  • When was SafetySpect founded?

    SafetySpect was founded in 2016.

  • Where is SafetySpect headquartered?

    SafetySpect is headquartered in Grand Forks, ND.

  • What is the size of SafetySpect?

    SafetySpect has 16 total employees.

  • What industry is SafetySpect in?

    SafetySpect’s primary industry is Electronic Equipment and Instruments.

  • Is SafetySpect a private or public company?

    SafetySpect is a Private company.

  • 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.

  • 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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