The Five V Capital's Venture Capital team is excited to announce our lead investment in 1Breadcrumb’s $4 million funding round.
1Breadcrumb replaces paper-based workflows for tasks such as site check-ins, safety inductions, permit applications, and insurance verification for workers in high-risk workplaces.
Our investment in 1Breadcrumb will fuel its trajectory towards becoming the dominant worker safety and compliance solution on construction sites and other high-risk workplaces.
Five V’s Chris Gillings remarked, “1Breadcrumb aligns with Five V’s commitment to partner with market-leading, innovative businesses in industries with strong tailwinds. 1Breadcrumb’s solution provides the missing pieces in the technology stack for high-risk industries. Given Australia’s high regulation and labor costs, we’ve cemented ourselves as a global leader in the safety space.”
1Breadcrumb’s CEO, Simon Elliott, said: “The 1Breadcrumb team is excited to bring Five V Capital on board as our first institutional investor. Their experience in helping businesses scale across venture capital, growth, and private equity is a huge value add for us as we expand across multiple markets.”
Congratulations to 1Breadcrumb and all parties involved!