SafeWorks

Seattle, United States Founded: 1947 • Age: 79 yrs Acquired By Safway Group
Turnkey landscaping and excavation services are provided comprehensively.
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About SafeWorks

SafeWorks is a company based in Seattle (United States) founded in 1947 was acquired by Safway Group in November 2016.. SafeWorks has raised $17.68 million across 1 funding round from investors including Safway Group, Wynnchurch Capital and EPP Capital. SafeWorks has completed 1 acquisition, including DualLift. SafeWorks offers products and services including Scaffolding Systems and Specialty Industrial Services.

  • Headquarter Seattle, United States
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Brand Industrial Services, Inc
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $17.68 M (USD)

    in 1 rounds

  • Latest Funding Round
    $17.68 M (USD), Series B

    Sep 29, 2006

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Safway Group

    & 2 more

    (Nov 08, 2016)

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Products & Services of SafeWorks

SafeWorks offers a comprehensive portfolio of products and services, including Scaffolding Systems and Specialty Industrial Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Scaffolding systems are offered by BrandSafway for rental and sales to facilitate safe access in industrial settings

Specialty industrial services, including refractory and insulation, are provided by BrandSafway to support maintenance and repair in various sectors

People of SafeWorks
Headcount 200-500
Employee Profiles 5
Employee Profiles
People
Dali Sun
Global Controller
People
Cherece Hughes
Manager Of Manufacturing
People
Tim Rushing
Sr Accountant

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Funding Insights of SafeWorks

SafeWorks has successfully raised a total of $17.68M through 1 strategic funding round. The most recent funding activity was a Series B round of $17.68 million completed in September 2006. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Series B — $17.7M
  • First Round

    (29 Sep 2006)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2006 Amount Series B - SafeWorks Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in SafeWorks

SafeWorks has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Safway Group, Wynnchurch Capital and EPP Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity firm focused on defence, aerospace, manufacturing, and multiple sectors
Founded Year Domain Location
EPP Capital is associated with financial or investment activities.
Founded Year Domain Location
Industrial products and services
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by SafeWorks

SafeWorks has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include DualLift. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Suspended access and security solutions are manufactured and distributed.
2008
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - SafeWorks

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Safeworks Comparisons

Employees
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Competitors of SafeWorks

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Safeworks

Frequently Asked Questions about SafeWorks

When was SafeWorks founded?

SafeWorks was founded in 1947 and raised its 1st funding round 59 years after it was founded.

Where is SafeWorks located?

SafeWorks is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.

Is SafeWorks a funded company?

SafeWorks is a funded company, having raised a total of $17.68M across 1 funding round to date. The company's 1st funding round was a Series B of $17.68M, raised on Sep 29, 2006.

What does SafeWorks do?

Founded in 1947 and based in Seattle, United States, SafeWorks operates in the landscaping and excavation sector. Turnkey services are delivered, encompassing project design, implementation, fence and retaining wall construction, paving, planting, and earthworks including foundation excavation and backfilling. Full project management is handled from concept to completion, with additional offerings in road and site preparation plus hydro-hammer operations.

What products or services does SafeWorks offer?

SafeWorks offers Scaffolding Systems and Specialty Industrial Services.

How many acquisitions has SafeWorks made?

SafeWorks has made 1 acquisition, including DualLift.

Who are SafeWorks's investors?

SafeWorks has 3 investors. Key investors include Safway Group, Wynnchurch Capital, and EPP Capital.

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