Safe Space Technology secures £2.5m in seed funding led by The FSE Group to develop its compliance platform and expand its team.
The seed round was led by The FSE Group via the South West Investment Fund, with participation from Fuel Ventures.
Safe Space Technology operates under the trading name Safe Workplace and provides an ethics and compliance platform for enterprise organisations. The software equips human resources and compliance departments with tools for reporting, case management and policy tracking.
Safe Space Technology has secured an equity investment of £2.5m from the South West Investment Fund. The funding round was led by appointed fund manager The FSE Group, with participation from Fuel Ventures. The capital will be used to support product development and expand the company team.
The business, which trades as Safe Workplace, has experienced strong growth since its launch in 2022. Its client base includes major brands across finance, pharmaceuticals, mining and hospitality, alongside Amazon. The company intends to scale its workforce beyond 100 employees over the next five years while targeting a turnover in excess of £25m.
From the founder
"Building a healthy workplace culture is a collective responsibility; employees need to feel equipped, safe and protected, with Employee Relations and Compliance empowered and accountable. Our platform supports organisations to act fairly, kindly and responsibly, reaping the benefits of the Safe Workplace they create. We are delighted to receive this South West Investment Fund funding, which will enable us to further develop our product and expand our team."
Romano Rabie
CEO at Safe Space Technology
Investor perspective
"Safe Workplace has demonstrated remarkable growth by securing global keystone clients and offering a superior product that addresses real problems faced by businesses today. The experienced team behind Safe Workplace has a proven track record of building and exiting successful ventures and we are thrilled to support their vision."
Anna Staevska
Investment Manager, The FSE Group
Use of funds
- 01Continue product development
- 02Grow the team
Investors
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About the company
Safe Space Technology
Safe Space Technology provides an ethics and compliance software platform for enterprise organisations.