FYLD secures £12m in Series B funding led by Ontario Teachers' Pension Plan to expand its operations.
Ontario Teachers' Pension Plan led the £12m Series B investment to support global expansion and product development.
FYLD provides an AI-powered frontline intelligence platform designed for the global infrastructure sector. The system uses video data to assess operational risks and provide live visibility for field teams.
FYLD has secured £12m in a Series B funding round led by Ontario Teachers' Pension Plan. The capital will be directed towards scaling the commercial team, accelerating product development, and expanding into new and existing international markets.
The company has previously raised £26m in total funding, facilitating rapid revenue growth and widespread adoption of its platform. Critical infrastructure operators use the technology to drive operational efficiencies and reduce safety incidents through real-time data analysis.
From the founder
"Software currently deployed into field workforces in the infrastructure sector remains unfit for purpose"
Shelley Copsey
CEO and co-founder at FYLD
Investor perspective
"As an investor in infrastructure assets around the world, we see the need for fundamental change in how field workforce operations are managed and delivered"
Dale Burgess
Executive Managing Director Infrastructure & Natural Resources, Ontario Teachers' Pension Plan
Use of funds
- 01Grow the team
- 02Continue product development
- 03Expand into international markets
Investors
Categories
About the company
FYLD
FYLD supplies an AI platform that delivers operational intelligence and risk detection for fieldwork.