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HammerTech Secures US$70 Million Growth Investment Led by Riverwood Capital to Modernize Construction Site Safety and Efficiency Globally

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Private equity firm Riverwood Capital views HammerTech’s safety intelligence software platform as a ‘mission-critical solution’ for constructionThe investment will fund growth and the integration of AI and other technologies to deliver further efficiency gains to contractors.  

MELBOURNE, Australia and MENLO PARK, Calif., July 15, 2024 /PRNewswire/ — Construction safety software company HammerTech is set to accelerate business expansion and product innovation following a US$70 million (A$105 million) growth investment from US-based Riverwood Capital, one of the leading investment firms solely dedicated to technology growth and scalability.

The new capital will spur growth and accelerate research and development. This includes the integration of AI and other technologies into HammerTech’s safety intelligence software platform for general contractors and trusted by more than a million workers globally.

“This is a pivotal moment in our evolution, ultimately benefiting our clients and the industry,” says HammerTech CEO and Co-Founder Ben Leach. “We remain focused on delivering further efficiency gains through smarter workflows, keeping us at the forefront of construction technology to ultimately make construction sites safer.

“Working on a construction site is still one of the most dangerous jobs in the world, with the highest number of workplace fatalities of any industry. Sadly, many of these life-changing events are preventable.

“As projects become more complex, technologies must go beyond digitizing forms. We need to make day-to-day processes and activities easier for site teams so they can focus on working safely and doing what they do best – building.”

Alongside its financial investment, Riverwood brings expertise in growing and scaling technology companies globally, guiding HammerTech as it continues its ambitious expansion strategy.
“HammerTech powers the safety programs for the most sophisticated construction firms in the world,” said Jeff Parks, Co-Founder & Managing Partner, Riverwood Capital. “Ben and the team have built an incredible business centered around delivering value to stakeholders, in an industry that is traditionally underserved by transformative technologies.

“We couldn’t be more excited to partner with such a visionary team in the next phase of their growth as they bring a much-needed enterprise-wide safety intelligence software to new markets and customers.”

“We view HammerTech as a mission-critical solution for modernizing and automating job site safety,” says Ramesh Venugopal, Partner, Riverwood Capital. “From general contractors to specialty contractors to asset owners, HammerTech delivers value that is driving tangible ROI all while making the job site a safer place to work,” said Ramesh Venugopal, Partner, Riverwood Capital.

“We are impressed by its well-designed platform for onboarding and orientation, safety inspections, incident reporting, and job site compliance – with clear audit trails for lookbacks.”

Founded in 2013, HammerTech has posted impressive growth. It now serves over 500 clients worldwide, including contracting giants with multibillion-dollar turnovers. They include Shawmut Design and Construction, DPR Construction, and market leaders like Hutchinson in Australia and European contractor John Paul Construction.

HammerTech has been used on over 20,000 construction projects around the world, with more than 3.6 million workers inducted via the platform to date.

Growth equity firm Arrowroot Capital will remain a HammerTech shareholder after investing in the Melbourne-headquartered firm in 2019. Riverwood Capital will now have HammerTech board representation, in addition to Arrowroot Capital.

Lightning Partners served as financial advisor to HammerTech in connection with the transaction.

Media Contact: 

North America: Caitlin Mitchell, Riverwood Capital caitlin@rwcm.com
AUS: John Fergusson, Daymark, john.fergusson@daymark.com.au +61 (0) 407 826 952

About HammerTech: Built for construction, HammerTech’s safety intelligence software platform was created to improve worker safety and solve site efficiency challenges. Launched in 2013, the breadth, deep insights and expertise of HammerTech is trusted by over 20,000 projects led by construction’s best contractors including Hutchinson, DPR Construction, Shawmut Design and Construction, and John Paul Construction to make their job sites among the safest in the world. Visit www.hammertech.com to learn more.

About Riverwood Capital: Riverwood Capital invests in high-growth companies in the technology and technology-enabled industries. Riverwood offers a unique combination of operational, strategic, technology, and financial insight to portfolio companies that typically need growth capital and expertise to scale on a global basis. The firm seeks to invest in established businesses with a proven technology and business model, and the proper fit in terms of culture and values. Riverwood was founded in 2008 and has had the opportunity to invest in and support over 80 companies since inception. The Firm has offices in Menlo Park, CA; Miami, FL; New York, NY; and São Paulo, Brazil. Please visit www.riverwoodcapital.com.

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SOURCE HammerTech; Riverwood Capital

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Inner City Visions releases a 24-hour virtual support center to combat Human Trafficking

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Inner City Visions offers 24-hour virtual support services through ‘Angelito’, an app to ensure at-risk children and families safety from human trafficking. Inner City Visions (ICV) is a 501(c)(3) non-profit organization founded in 2007 in the epicenter of South Los Angeles. They engage what is statistically the most vulnerable population of at-risk and exploited youth and provide solutions to their ever-evolving hardships. Combatting human trafficking

LOS ANGELES, Jan. 8, 2025 /PRNewswire-PRWeb/ — Inner City Visions offers 24-hour virtual support services through ‘Angelito’, an app to ensure at-risk children and families safety from human trafficking

Robert Rodriguez Co-Creator of Angilito App. “Sex Trafficking happens 24 hours a day. We need a tool that works 24 hours a day.”

Alfred Lomas, founder and Executive Director of Inner City Visions (ICV), and his team take the next step in expanding their initiatives through the creation of ‘Angelito’, an app that aims to prevent the exploitation of families and sex trafficking of at-risk children.

The community-based organization has created promising results of harm reduction at the epicenter of South Los Angeles and continues to operate and make societal improvements within that community. ICV’s anti-trafficking efforts have resulted in an 85% success rate based on a one-year programming retention process outcome (2017).

The organization’s work continues to expand as they propose a new, virtual outlet in support of victims facing risks of exploitation and sex trafficking.

‘Angelito’ aims to establish a safe space away from violence by using Artificial Intelligence (AI) for strategic assistance and to prevent harm ideation. The app serves as an easily accessible, virtual lifeline that provides 24-hour support for victims and trafficking survivors in order to reduce the high recidivism rates as a result of the existing gaps in other services. It consists of emergency response and critical care support, connectivity for high-risk trafficking survivors to essential services, algorithms supported to prevent harm ideation, data recovery for strategic interventions and prevention efforts and more.

‘Angelito’ is engineered to appear as a gaming app at first glance as a way to protect users from pimps and controllers. This hidden feature functions as a safety measure that will less likely draw a perpetrator’s attention, allowing a client to use it without the fear of getting caught.

The app highlights ICV’s unique ability to engage and connect with Commercial Sexual Exploitation of Children and Youth (CSECY). ICV aims to have ‘Angelito’ be available for installation through Apple IOS and Android applications and is set to be released in the fall of 2025.

Written by: Odessa Hairapetian

odessacelestt@gmail.com

(626) 223-0840

Media Contact

Inner City Visions

Email: info@innercityvisions.com

Phone: 323.484.0004

Media Contact

Cynthia Dinh, Inner City Vision, 1 323-484-0004, icvinfo@icvcommunity.org, https://innercityvisions.org/

View original content to download multimedia:https://www.prweb.com/releases/inner-city-visions-releases-a-24-hour-virtual-support-center-to-combat-human-trafficking-302345497.html

SOURCE Inner City Vision

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Schools Can Engage Families More Effectively and Improve Enrollment Through Strategic Technology Use, Says Info-Tech Research Group

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With increasing competition in K-12 Education to attract and retain students, a recently published blueprint from Info-Tech Research Group will provide schools with a clear path to optimising enrollment management. By focusing on key areas such as improving operational efficiency, reducing administrative workload, and enhancing family engagement, the global research and advisory firm’s new resource is set to equip schools with the tools needed to streamline processes and make informed decisions when it comes to leveraging the power of emerging technologies. With data-driven insights and practical strategies, IT leaders in schools can select the right enrollment system, ensuring long-term success and a better overall experience for students and families.

SYDNEY, Jan. 9, 2025 /PRNewswire/ — The K-12 educational sector is facing increasing competition as schools seek to attract and retain students while managing complex administrative tasks. Enrollment management systems play a critical role in addressing these challenges, yet schools often struggle to evaluate and implement the solution that best fits their unique needs.

Info-Tech Research Group released its latest blueprint, Optimise Enrollment Management for K-12 Education, to equip school IT leaders with the guidance they need to seamlessly integrate modern technology, enhance operational efficiency, and strengthen family engagement, ultimately optimising enrollment strategies for sustained success.

‘The educational sector is rapidly transforming as schools and districts invest in technology to enhance their enrollment processes,’ says Mark Maby, principal research director at Info-Tech Research Group. ‘Enrollment management systems offer comprehensive tools to simplify various aspects of the enrollment process, including application management, automated workflows, centralised data management, personalised communication, and document review.’

Info-Tech’s data-backed resource highlights common challenges schools and their districts encounter when evaluating and selecting an enrollment management system. Many institutions fail to fully recognise the long-term value these systems can provide, resulting in missed opportunities to enhance operational efficiency and improve the student and family experience. The process of selecting the right vendor adds another layer of complexity, as schools must carefully weigh features, costs, and scalability in their decision-making process.

‘Automated workflows manage tasks such as lotteries and wait lists, while centralised data management ensures secure and accessible student information,’ explains Maby. ‘Cloud-based solutions provide scalability and accessibility, allowing administrators to manage processes from any location.’

To ensure schools are equipped to overcome these challenges, the firm recommends a proactive approach that includes evaluating system scalability, automating processes, and aligning enrollment goals with broader institutional objectives. By assessing specific capabilities and future needs, schools can select enrollment management systems that offer both immediate and long-term benefits, ensuring smooth operations and a positive experience for students and their families.

Key Benefits of Effective Enrollment Management:

In the Optimise Enrollment Management for K-12 Education blueprint, Info-Tech highlights the following three key advantages of effective enrollment management that can significantly transform operations for educational institutions:

Improved Efficiency: Automating enrollment processes reduces administrative burdens while centralised data management ensures that all relevant information is secure and accessible from a single location. This approach results in streamlined communications and the elimination of redundant tasks, helping schools operate more smoothly while saving time and resources.

Enhanced Family Engagement: A user-friendly interface, automated notifications, and personalised communication options all culminate in an advantage that fosters stronger connections with families, ensuring they are informed and involved throughout the enrollment journey. This approach also promotes equitable access to essential resources, ensuring that families have all the information they need at their fingertips.

Data-Driven Decision-Making: Schools can leverage advanced reporting and analytics tools to monitor and gain actionable insights into enrollment trends, performance metrics, and areas for improvement. This data-driven approach enables better decision-making, allowing institutions to track and monitor progress effectively and adjust strategies as needed.

By leveraging Info-Tech’s comprehensive blueprint, schools and their districts can make well-informed decisions about selecting and implementing an enrollment management system tailored to their unique needs. With a focus on increasing operational efficiency, cost-effectiveness, and long-term growth, this guide will equip school IT leaders with the necessary tools to enhance their enrollment strategies and create a more streamlined and engaging experience for students and families.

For exclusive and timely commentary from Mark Maby, an expert in the educational sector, and access to the complete Optimise Enrollment Management for K-12 Education blueprint, please contact pr@infotech.com.

About Info-Tech Research Group
Info-Tech Research Group is one of the world’s leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organisations.

To learn more about Info-Tech’s divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software buying insights.

Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact pr@infotech.com.

For information about Info-Tech Research Group or to access the latest research, visit infotech.com and connect via LinkedIn and X.

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Logo – https://mma.prnewswire.com/media/2594149/Info_Tech_Research_Group_Schools_Can_Engage_Families_More_Effect.jpg 

Media Contact: Sufyan Al-Hassan, Senior PR Manager, Info-Tech Research Group, salhassan@infotech.com | +1 (888) 670-8889 x2418

View original content:https://www.prnewswire.com/apac/news-releases/schools-can-engage-families-more-effectively-and-improve-enrollment-through-strategic-technology-use-says-info-tech-research-group-302346484.html

SOURCE Info-Tech Research Group

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AllenComm Recognized as a Top Content Provider for Leadership Development 2025 by eLearning Industry

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AllenComm — a leading provider of innovative, effective learning experiences — is named by eLearning Industry as one of the Top Content Providers for Leadership Development for 2025, earning a five-star rating.

SALT LAKE CITY, Jan. 8, 2025 /PRNewswire/ — The award-winning team at AllenComm, an innovator in learning advisory, design, tech and talent for the corporate learning and development market, has earned recognition and a five-star rating as a leading provider of leadership development services.

The list of top leadership development content providers named by eLearning Industry serves as an industry resource, directory and source of credible learning and development (L&D) information for organizations seeking expert-level support for their L&D programs.

In their announcement of the award, eLearning Industry noted: “It’s vital that you best equip new leaders with a secure footing as they begin their careers in management. … All the content providers on this top list can develop your top talents and core leadership skills with their courses and strategies. Besides, with their help, you can also improve employee retention and engagement, foster positive work relationships and encourage continuous professional growth within your teams.”

Ron Zamir, AllenComm President and CEO, commented, “Targeted leadership development — focused on the organization’s most critical needs — has always been a focus and passion for our team. Today, our toolkit is more flexible and effective than ever before, allowing us to inspire leadership at every level of the organization.”

You can learn more about AllenComm’s leadership development services by visiting their website.

If you would like to know more about any of the above information, please contact an AllenComm representative at info@allencomm.com.

About AllenComm  
For over 40 years, AllenComm has partnered with leading companies and nonprofit organizations to create and scale transformative learning solutions. Extensive instructional design experience, innovative learning technologies and agency-level creative teams enable AllenComm to stand out in the learning landscape. Considered one of the top firms of its kind in the country, AllenComm wins dozens of awards year after year for their solutions. Partnering with AllenComm to supplement and support human capital management needs has helped customers reduce expenses, shorten onboarding periods and raise the impact of their efforts.

View original content:https://www.prnewswire.com/news-releases/allencomm-recognized-as-a-top-content-provider-for-leadership-development-2025-by-elearning-industry-302346485.html

SOURCE AllenComm

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