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Soter Analytics

7 known investors

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106 people in our graph share verified history with the Soter Analytics team — schools, employers, funds. One of them is your warm intro.

Karen Serem Waithakaunlockedknows Matthew Hart · together at Curtin University (overlapped)
×3knows the team · via Monash University
×5knows the team · via Curtin University
×3knows the team · via BHP Billiton

Soter builds an AI platform for industrial businesses that analyzes images, videos, and text in real time to identify workplace safety risks and suggest corrective actions. It targets safety professionals and industrial companies looking to reduce risk exposure and improve productivity.

Also known as Soter · SoterAI

Founders & leadership

MHMatthew Hart
Matthew HartinFounderMatthew Hart founded Soter Analytics after seven years in mechanical engineering and reliability roles at BHP in Western Australia. The company provides an AI platform for industrial businesses that analyzes images, videos, and text to identify workplace safety risks and enable compliance automation.

Investors · 7

Also in the syndicate · 1

btov Industrial Technologies Fund

Funding

SEC filings, press & company announcements

$12M disclosed across 1 round · 2022

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Soter Analytics operates SoterAI, an artificial-intelligence platform for workplace safety and loss prevention. The product lets users capture hazards with a phone camera, after which the system detects the hazard, classifies its severity and matches it to the applicable regulation. It also runs inspections, risk assessments, incident reports and compliance checks, and auto-generates cited, jurisdiction-specific documentation across US and international frameworks that can be exported and signed off.

Beyond documentation, the platform provides a hazard register, incident reports and inspection history as structured, audit-ready records, corrective-action tracking with owners and due dates, and risk-intelligence scoring that prioritizes risk across sites and portfolios. More than 30 guided safety workflows are offered, including action plans, hazard inspection, incident investigation, regulatory watchdog, site audit and hazard identification. A natural-language assistant answers regulatory questions with citations and compares requirements across jurisdictions, including research by NAICS code.

The company positions the platform for two user groups: EHS and safety teams, for whom it claims a 70% reduction in administrative time, and insurance loss-control teams, for whom it offers standardized workflows, white-label reports for underwriters and portfolio-level risk intelligence, with a stated 3x increase in client capacity for the same team size.

Business model

Soter Analytics sells its SoterAI software platform to organizations, addressing both employer-side EHS/safety teams and insurance providers' loss control functions, with demo requests and account sign-up as the entry points; the site describes multi-site and portfolio-wide enterprise deployment.

Traction

The website states 500+ companies use the platform and cites 20M+ safety data points. Named customer results include a claimed $5M ROI from an eight-week pilot at George Weston Foods, eight hours per person per week freed at Blackmores, a reduction of custom safety meeting preparation from five hours to 30 minutes at ICW Group, a 50% reduction in risk report development time with doubled productivity at OVD Insurance, and an engagement with 4FRONT Engineered Solutions.

Full profile — market position, technology, go-to-market, geography

Market position

The company differentiates on safety-specific AI rather than general-purpose models, citing 95.64% accuracy on its own SAFE-Bench benchmark versus 87% and 86% figures it attributes to Claude and ChatGPT, jurisdiction-specific cited outputs, a shared platform serving both employers and their insurers, and enterprise security controls including SOC 2 Type II certification.

Technology

SoterAI is described as purpose-built safety AI rather than general-purpose AI, trained on more than 20 million real-world safety data points from over 10,000 companies, and covering OSHA, Cal/OSHA, ISO standards, EU directives and other international and regional regulations through a continuously updated knowledge base. It supports image-based hazard detection with severity classification and regulation matching, and works on desktop, mobile and tablet. The company reports 95.64% accuracy on its SAFE-Bench evaluation of real-world safety tasks, compared with figures it cites of 87% for Claude and 86% for ChatGPT. Security features include SOC 2 Type II certification, encryption at rest and in transit, role-based access, strict tenant separation, and a stated policy that customer data does not train its models.

Go-to-market

EHS and workplace safety teams at employers, and insurers, brokers and loss-control teams managing worksite portfolios; industry guidance is tailored to construction, logistics, healthcare and manufacturing, among others.", "go_to_market">null

Geography

The platform covers US regulatory frameworks including OSHA and Cal/OSHA alongside international standards, ISO management systems and EU directives, and supports multi-site deployment across global portfolios.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
CustomersJan 2026500 companies
Guided safety workflowsJan 202630 workflows
Reduction in admin timeJan 202670%
SAFE-Bench AI accuracyJan 202695.6%
Safety data points used for trainingJan 202620,000,000 data points

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

In the news

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Soter Analytics do?
Soter Analytics runs SoterAI, an AI platform for workplace safety and loss prevention used by safety teams and insurers.
Who founded Soter Analytics?
Soter Analytics was founded by Matthew Hart.
Who are Soter Analytics's investors?
Soter Analytics's investors include AV8 Ventures, Chamaeleon, Matterwave Ventures, OTB Ventures, Startup Wise Guys, Verve Ventures.
How much funding has Soter Analytics raised?
Soter Analytics has disclosed $12M raised across 1 round.