Newmetrix

Newmetrix is a tech startup founded in 2015, operating in the AI, IT, and Machine Learning industries. The company's slogan, "Reducing risk. Intelligently." aligns with its core mission of significantly reducing jobsite risk and overall project cost through a combination of human and artificial intelligence. Newmetrix's construction-trained AI provides unbiased insights, predicts areas that require attention, and prescribes specific actions to mitigate risk. The company collaborates closely with clients to understand their safety culture and existing processes, ensuring a clear understanding of the issues at hand. By leveraging the data already being collected, Newmetrix helps identify risk signals, reduce incident rates, and supports clients in presenting a compelling case to negotiate favorable insurance rates. Their product offerings include Safety Observations, Safety Monitoring, and Predictive Analytics, tailored to the specific needs of each client. Newmetrix recently secured a Venture - Series Unknown investment on 09 December 2020. The details of the investment, including the amount and investors, remain undisclosed. The company's approach to utilizing AI for risk management in the construction industry presents a promising opportunity for investors seeking to tap into the potential of AI-driven solutions within traditional sectors. Newmetrix's commitment to enhancing safety and efficiency in construction positions them as a noteworthy player in the evolving landscape of AI and machine learning applications. Visit www.newmetrix.com to witness their technology in action.