Back to All transactions

Field Safe Solutions Completes $7.2M Private Placement

Transaction Details

Fort Capital Partners is pleased to announce that Field Safe Solutions Inc. (“Field Safe” or the “Company”) has completed $7.2M of equity financing (the “Transaction“).

The Transaction was comprised of a treasury and secondary offering of common shares. Growth capital from the treasury offering will be used towards the development of the Company’s sales pipeline as well as support its expansion into the US market.

Founded in 2014 with its head office in Calgary, Alberta, Field Safe is a cloud-based software as a service company that developed a best-in-class, user-friendly software platform for enhancing field safety and operational efficiency. The digital platform combines lone worker monitoring, digitization of forms, journey management, a smarter workflow, ticket management, and more, which covers many markets and applications in the resource, mining, construction, pipelines, agricultural, government, and other sectors with field workers.

Also, Field Safe helps organizations transition towards a low-carbon economy by transforming their internal ESG programs. By digitizing field workers, clients are meeting and even exceeding their ESG goals and establishing themselves as industry leaders.

Fort Capital Securities Ltd. acted as placement agent with respect to the Transaction.