Safety in the workplace, while very important, is not something many of us ponder deeply or often. Thankfully, companies such as Blackline Safety do take workplace safety seriously on our behalf.
Blackline Safety, founded in 2004, utilizes connected safety technologies to improve workplace conditions. For example, they equip workers with cloud-connected gas monitors and hazardous areas with location beacons that augment weak GPS signals. As the company proudly notes, the theory of safety states that all accidents are preventable—a goal Blackline aims to reach through its technology.
Blackline Safety was recently recognized in the Impact and Intentionality category of the Canadian Business New Innovators List presented by the Brookfield Institute for Innovation + Entrepreneurship. The list honours businesses who challenge the status quo with trail-blazing products, services, initiatives. The Impact category is for organizations who “think through what they do and how they affect the world.”
“On behalf of Blackline Safety’s extended team around the world who’ve contributed to our success as an innovator and who infuse purpose into our work, we’re honoured to be recognized by Canadian Business and the BII&E,” Blackline CEO Cody Slater noted following the announcement.
Awards are nice, but hard numbers matter too. For Blackline, those figures are trending positively.
“Despite a business environment that continues to be challenging, we are seeing a return to our pre-pandemic growth trajectory as new device deployments hit record levels,” stated Slater during his company’s recent financial report.
Last year saw Blackline enjoy record revenue—north of $50 million, a 42% leap over the previous year. This momentum isn’t new; revenue growth is clocking in at 367% over the past four years, according to the public company latest earnings report.
“Our leading connected safety technology, and its adoption by our customers around the world, has helped thousands of workers return home safe and provided vital insights on preventing incidents, boosting efficiency and contributed to 19 consecutive quarters of revenue growth,” said Slater.
Most recently, the company’s focus has been on continued new product development to drive innovation. The company’s G7 EXO gas monitor has already seen widespread adoption, Blackline says. The broader G7 line of wearables is now worn by over 100,000 workers globally. Upcoming product launches are expected to open new markets for the company.
As revenue climbs, so does Blackline’s workforce needs. To support their rampant growth the company is participating in Tech Talent Canada’s next virtual job fair on February 23rd.
Looking for a cool opportunity in Canada’s technology space? The event is free for job seekers!