Serenity Secures $5.5 Million in Series A Funding

Investments to Fuel Innovation and Expand Serenity’s Market Reach with AI-Driven EHS Solutions

Press Release – November 14, 2024 – SAN DIEGO – Serenity, a leader in innovative, AI-powered Environmental, Health, and Safety (EHS) software solutions, today announced the successful close of a $5.5 million Series A funding round. The investment was led by Allegion Ventures, with follow-on participation from existing investor Base10 Partners.

“We’ve been very impressed by the Serenity leadership team and the customer experiences they’re building to drive new value in this space that’s adjacent to Allegion’s work in physical security but still very relevant to the future of creating a safer world.” Post this

With the support of Allegion Ventures, Serenity also gains a strategic investor well-versed in redefining safety through innovation. This investment will propel the company into its next phase of growth, accelerating product development, expanding the team, and driving sales and marketing efforts to unlock new markets.

“Partnering with Allegion Ventures marks a pivotal moment for Serenity,” said Peter Oneppo, Co-Founder and CEO of Serenity. “Their investment, along with the continued support from Base10, not only validates our mission but accelerates our ability to transform safety and security management with AI-driven solutions. We’re committed to helping organizations engage with employees, enhance safety and security, and streamline operations to achieve superior outcomes and gain the peace of mind they deserve.”

This strategic investment underscores Allegion Ventures’ confidence in Serenity’s ability to reshape the EHS landscape with its ready-to-use, AI-powered platform. As Serenity continues to evolve, customers will benefit from smarter, more efficient tools designed to proactively manage safety, compliance, and operational risks.

“Serenity is leveraging modern cloud-based software that is scalable and adaptable, as well as a unique AI copilot that drives actionable EHS insights, ultimately making it easier for organizations to be safer,” said Bobby Prostko, managing director of Allegion Ventures. “We’ve been very impressed by the Serenity leadership team and the customer experiences they’re building to drive new value in this space that’s adjacent to Allegion’s work in physical security but still very relevant to the future of creating a safer world.”

Base10 Partners’ continued backing highlights Serenity’s steady growth and potential. With this additional funding, Serenity is poised to unlock new opportunities across industries, further solidifying its position as a game-changer in EHS management.

ABOUT SERENITY

Serenity is a leader in AI-powered Environmental, Health, and Safety (EHS) software, delivering flexible, ready-to-use solutions for businesses of all sizes, both within and beyond the ServiceNow ecosystem. Serenity is dedicated to protecting employee well-being, ensuring safety and compliance, and safeguarding brand reputation through our advanced, user-friendly solutions. For more information about Serenity, visit serenityehs.com.

About Allegion Ventures

Allegion Ventures is the corporate venture fund of Allegion. It invests in and accelerates the growth of companies with innovative technology or software that bridge physical and digital security and create seamless user experiences. For more information, please visit www.AllegionVentures.com.

About Base10 Partners

Founded by Adeyemi Ajao and TJ Nahigian, Base10 is a San Francisco-based venture capital fund investing in founders who believe purpose is key to profits and companies that are automating sectors of the Real Economy, including transportation, healthcare, retail, logistics, and construction. The Advancement Initiative, Base10’s growth-stage fund, donates 50% of profits to Historically Black Colleges and Universities to support financial aid and other key initiatives. Portfolio companies include Notion, Figma, FTX, Nubank, Nowports, Motive, Chili Piper, and Popmenu. Connect via base10.vc.

Contacts

Serenity Media Contacts
Kris Markham
Co-Founder & CRO
[email protected]

Peri Boylan
Marketing Manager
[email protected]

Source : Businesswire


Discover more from Impact Newswire

Subscribe to get the latest posts sent to your email.