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SafetyCulture Acquires EdApp for USD 29m
Thursday 17 September 2020

Australian workplace safety and quality platform SafetyCulture has acquired Australia-based mobile training solution EdApp for USD 29m, the company said.

The acquisition of EdApp is fast-tracked to respond to increased demand for training in the face of COVID-19.

EdApp currently delivers approximately 50,000 lessons per day across over 90 countries. The acquisition will enable ms of workers across diverse industries to access world-class micro-learning resources, free of charge.

SafetyCulture's existing 26,000 customers were offered access to EdApp earlier this year as the two companies closely collaborated to find ways to support businesses through the COVID-19 crisis. The initial partnership saw businesses across sectors creating hundreds of courses and completing thousands of lessons.

This is SafetyCulture's first acquisition and follows a series of investments it made into EdApp over the last two years, most recently a AUD 1m convertible note investment in early 2020.

SafetyCulture is a global technology company which supports businesses to do their best work every day. Its adaptive, mobile-first products help to streamline operations and foster high-performing, safer workplaces. Its flagship product, iAuditor, is used by more than 26,000 organisations in nearly every industry to optimise processes and performance.
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Date Published: 17/09/2020

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