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SafetyCulture

Active#4 in Australia

Software that frontline teams in warehouses, retail, construction and field work use for inspections, training and safety checks, sold as Mitti.

Founded2004
HQSydney
RaisedUSD 250M+
Last roundEquity round · Sep 2024
Country of originAustraliaListed in the Australia ranking
Where would you invest?AustraliaJurisdiction as cited by the ranking

Uback rankings

How the AI ranks →
RankingTierRankEditionNext update
Australia · all sectorsTop 45#4Edition 0 · October 20267 Jan 2027
Rank historyOct 2026 · #4First edition: no movements yet.

Estimated valuation

AI · Australia ranking
≈ USD 1.7bnUSD 1.1–2.6bn · Unicorn
Anchor
Last known equity round: Equity round · USD 110M · Sep 2024
Published valuation
USD 1.6bn · Sep 2024 · older than 24 months, shown for reference
AI adjustment
× 3: valuation of AUD 2.5bn published in September 2024, just over 24 months ago, with 80,000 customer organisations in 2026

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Funding history

USD 250M+ raised in total
DateRoundAmountTypeInvestors
Sep 2024Equity roundAUD 165M (USD 110M)EquityAirtree, Blackbird, Morpheus Ventures, Hostplus, HESTA

Sep 2024 , at AUD 2.5bn.

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

Industry professionals and financial analysts can publish their own analysis of SafetyCulture as a PDF. It must answer at least one of these four questions, and stick to them:

AI valuation: $1.7BUndervalued or overvalued?
Versus competitorsHow does it compare?
Who should acquire itStrategic buyers, and why
Who should it acquireAcquisition targets, and why
Publish an analysisName, role and LinkedIn shown · public sources only

Analyses are the opinion of their authors, not of Uback. They are checked before publication.

Comparable companies in Australia

Full Australia ranking →

Investors in SafetyCulture: AirTree · Blackbird · Morpheus Ventures · Hostplus · HESTA

Last updated: Oct 2026Report an error

Uback is a content publisher and an aggregator of non-binding expressions of interest. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.