Company Overview
Snapshot
Founded in April 2015 by Dr. Haim Srur, Dror Barak, and Chani Gur-Arie, GOARC operates with 11–50 employees. The company has raised $19.9M across 10 funding rounds from 2 investors. In May 2022, GOARC launched an AI-powered Intelligent Dynamic Risk Management Solution, enhancing its offering for industrial safety.
Business overview
GOARC is dedicated to transforming industrial safety for the Industry 4.0 era. Its Safety 4.0 platform provides a digital safety solution that centralizes real-time data visualization, offering a comprehensive view of an organization's workforce and assets. This enables improved risk management, enhanced environment, health, and safety performance, and greater workforce engagement. The platform integrates data from existing enterprise systems, third-party IoT sources, and human-derived activities to deliver actionable insights, serving markets such as oil & gas, manufacturing, and construction within the Industrial Technologies sector.
Strategic signal
In May 2022, GOARC launched an AI-powered Intelligent Dynamic Risk Management Solution. This development signals a strategic move towards leveraging advanced analytics and artificial intelligence to provide more predictive and proactive safety measures in industrial environments. For investors, this indicates GOARC's commitment to innovation and its potential to capture a larger share of the evolving industrial safety market by offering cutting-edge solutions that enhance operational efficiency and reduce risk.
Log in to access full profile ›Company Intelligence Q&A
- What is GOARC's primary offering?
- GOARC offers a Safety 4.0 platform that provides a digital safety solution with real-time, company-wide centralized data visualization for improved risk management, environment, health, and safety performance, and workforce engagement in industrial environments.
- When did GOARC launch its AI-powered solution?
- In May 2022, GOARC launched its AI-Powered Intelligent Dynamic Risk Management Solution.
- What was a key partnership announced by GOARC?
- In May 2022, GOARC signed a contract with the ICL Group to deploy its solutions across 49 sites, indicating significant market adoption and validation of its platform.