Safehub taps building-mounted motion sensors and AI to detect earthquakes

Safehub, whose platform enables businesses to monitor their buildings for signs of earthquakes, today closed a $5 million seed round. The company says it will use the capital to accelerate deployment to Fortune 500 customers as it expands its engineering team. A recent FEMA study pegged U.S. losses from earthquakes at $4.4 billion per year. In spite of the risk, more than 60% of U.S. small businesses don't have a formal emergency-response plan and fail to back up their sensitive data offsite. Safehub aims to close the gap with a real-time, building-specific earthquake damage data-gathering solution.