Funding Details
- Awarder
- PlugAndPlayTechCenter
- Date Award
- May 15, 2024
- Funding URL
- View Funding Page
Company Info
- Company Description
- Preventable workplace injury and chronic disease is costing US employers $567 Billion annually. Existing safety, risk management and compensation solutions focus on “post-loss” which equate to 80% of their spending. Given aging of the workforce, increased co-morbities and the 1970s workforce safety technology, the problem will get worse. The GoX software platform analyzes commercial wearables-acquired data to improve human health and safety and reduce insurance costs by predicting and preventing future workplace injury, illness and chronic disease using AI and gamified behavioral change. The subscription-based software has been successfully deployed commercially to well-known companies in the US and abroad resulting in 30% reduction of workplace injury risk which equates to $500,000 savings annually per 1000 workers. Current customers include the US Air Force, Toyota Manufacturing, GE Appliance, Mayo Clinic, iturri, Ventia, Dot Foods, Binswanger Glass, Amerisure and WorkSafe NZ. GoX Labs’ software platform that includes wearable APPs, dashboard and 12 years of outcome correlated data is the only all-in-one solution commercially available that addresses 85% of the top injury claims (overexertion, contact and trips/falls.)
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