NewRoad Capital led a $44m Series B round in Voxel.

NewRoad Capital, an investment firm, led a $44m Series B round in Voxel, an AI company revolutionizing workplace safety and risk, with participation from Eclipse, Rite-Hite, Tokio Marine, MTech, HG Ventures and Whitestone. “We’re developing AI to support the workers performing demanding jobs day in and day out—on warehouse floors, in factories, in ports–really any industrial environment. Leaders don’t need more dashboards or things to do on a daily basis: They need tools that drive action, improve training, and keep teams protected in a way that is part of their daily workflow. Our deep commitment to understanding our customers' operations is why they see up to an 80% reduction in high-risk behaviors just months after deployment,” Vernon O’Donnell, Voxel CEO.