We’re thrilled to announce that WakeCap has raised a $28M Series A led by UP.Partners with participation from Graphene Ventures and strategic backers across the U.S., Saudi Arabia, and Asia.
WakeCap’s gathers data through a knob that attaches to a standard hard hat worn by site workers, then transmits and interprets that data via WakeCap’s wireless network. Combining rugged hardware and enterprise-ready software, WakeCap delivers live project intelligence – from worker access and equipment utilization to safety alerts and progress tracking – all without disrupting jobsite workflows.
The results? Complex job sites are turned into data-rich, transparent, and safer environments. Already tracking 150M+ labor hours and powering $80B+ in global projects, they’ve seen:
- 91% reduction in safety issues
- 25% boost in productivity
- 70% faster incident response
“WakeCap’s ability to capture and act on real-time jobsite data is critical for high-performing project controls. This round fuels our next stage of growth as we expand our global footprint, increasing the value we deliver to customers through richer insights, faster reporting, and greater operational efficiency. It will allow us to deepen integrations with key ecosystem partners such as Oracle and OpenSpace. We’re proud to be building a platform that puts workers first, makes jobsites safer, and brings clarity to the world’s most complex construction efforts.” – Dr. Hassan Albalawi, CEO and Founder of WakeCap.
Congrats to the team for putting workers first and building the future of construction! Read more in their press release.