WakeCap is an IoT-based enterprise solution that focuses on enhancing safety and productivity at construction sites. Founded in 2017 and headquartered in the United Arab Emirates, WakeCap aims to assist construction companies in improving safety measures, quantifying labor productivity, and automating workforce logistics. The startup offers an innovative harness that seamlessly integrates with construction hardhats, ensuring the structural integrity of the helmet. In addition, the non-GPS network provides secure worksite connectivity, scalable with project requirements, while the dashboard monitoring system easily integrates into existing applications and project management software. The latest investment, a Venture Round, was secured on April 11, 2022, with Saudi Aramco Entrepreneurship Ventures as the lead investors. WakeCap operates within the industries of Applications, Automation, Hardware, Information Technology, IoT, and Construction. With a clear focus on addressing critical needs in the construction sector and backing from prominent investors, WakeCap is positioned to further its impact in the industry.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | Unknown | 1 | Saudi Aramco Entrepreneurship Ventures | 11 Apr 2022 |
Seed Round | Unknown | 1 | Wa’ed Ventures | 20 Nov 2021 |
Convertible Note | Unknown | 1 | 27 Sep 2021 | |
Seed Round | $1.60M | 7 | Consolidated Contractors Company | 11 Nov 2018 |
Convertible Note | $385.00K | 4 | 30 Aug 2018 |
No recent news or press coverage available for WakeCap.