CheckProof Aims Globally with New Funding Round of $2.9 Million

Summary

The Swedish SaaS company CheckProof helps shape future working methods by digitizing Frontline. The new funding strengthens the company to build safe, efficient and sustainable companies worldwide.

With users in 24 countries and a customer base with world-leading companies such as FLSmith, Yara, and Skanska, CheckProof has shown "proof of concept" and has taken a strong market position in digitizing work processes and management systems, with their strong Frontline focus.

CheckProof started as a reporting app, mainly aimed at machine contracting and aggregates processes. Today, the product has developed into a digital platform for all industries requiring systematic work in Maintenance, Quality, HSE, and Production. The platform connects Frontline with Office Management to operate efficient workflows where the analysis part has become more extensive. CheckProof has now secured a new funding round of $2.9 million, led by Midroc Invest, and is now enabled to a more intensive upscaling.

"This funding means that we can increase the pace and reach our goals faster. We’ve already started an extensive recruitment process and will double the number of employees over the next 1.5 years. We also have some very exciting product developments ahead of us, which we now have the opportunity to release earlier," said Håkan Holmgren, founder and CEO of CheckProof. "We will continue to work according to our primary purpose, to offer user-friendly, tailored, and smart solutions that make everyday life easier for our users."