March 14, 2018 (Ready to Rocket Press release - click here)
Vancouver, CANADA – Rocket Builders today released its sixteenth (16th) annual “Ready to Rocket” lists, in which LifeBooster was recognized as an Emerging Rocket in Digital Health. These lists profile British Columbia technology companies that are best positioned to capitalize on the technology sector trends that will lead them to faster growth than their peers. “Ready to Rocket” lists provide accurate predictions of private companies that will likely experience significant growth, venture capital investment or acquisition in the coming year.
LifeBooster operates at the intersection of predictive analytics, industrial IoT and Insurtech, all areas with robust growth potential. Our injury prevention system enables health and safety professionals to pinpoint and address musculoskeletal injury risks faster and more accurately than ever before. Large industrial employers across all sectors of our economy are actively seeking solutions to the persistent problem of workplace injury. LifeBooster is fortunate to be increasingly identified by health and safety professionals as a vendor capable of delivering solutions that mitigate injury risks and lower medical and insurance costs.
The Emerging Rocket Digital Health List highlights a number of companies who are in a strong position to show excellent growth in the coming year. “We identify companies that have both innovative technology and that provide impactful value with a proven solution. Our analysis of the market and company progress led us to select LifeBooster as a Ready to Rocket Digital Health company” said Geoffrey Hansen, Managing Partner, Rocket Builders.
“It’s an honor to be recognized as an Emerging Rocket in Digital Health alongside other successful and reputable companies here in British Columbia,” said LifeBooster’s CEO, Bryan Statham. “In the past year LifeBooster has achieved important milestones including: conducting successful field trials, building key partnerships, and contracting with Fortune 100 companies. Taken together, our achievements significantly improve our position in the market and solidify our role as a prime vendor in enterprise health and safety. We plan for even greater success in 2018 - LifeBooster is ready to rocket!”
About LifeBooster Inc.
LifeBooster is the first Canadian company exclusively focused on developing a predictive injury risk platform for the enterprise health and safety market. Our initial focal point is on musculoskeletal disorders, the single largest and most costly injury type that costs North American employers over $1 billion per week. By developing advances in movement tracking and data analytic software paired with the latest wearable technologies, LifeBooster enables large industrial employers to identify and preemptively act on workplace injury risks. LifeBooster can be a game changer for health and safety teams that support large workforces as they enable them to transform their practices from a reactive to proactive approach. Resulting benefits include: lowered injury rates, improved operational efficiency, savings on medical and insurance costs and reductions in productive time losses.
International estimates conclude the cost of workplace injuries equate to 4% of the global GDP, or $3.4 trillion. In North America total costs related to workplace injury is a $275 billion annual problem. Moreover, the secondary effects of workplace injury: chronic pain, substance abuse, mental health issues and divorce are cost multipliers for injured workers and society. LifeBooster is currently raising a seed round of financing to eliminate preventable workplace injuries and get workers home safe.
For more information on LifeBooster’s products, partnership and investment opportunities, please connect with us direct at:
About Ready to Rocket
Ready to Rocket is a unique business recognition list that profiles technology companies with the greatest potential for growth. Each year, based on analysis of trends that will drive growth in the Digital Health sector, Rocket Builders identifies the top private companies that are best positioned to capitalize on these trends to achieve growth. This selection methodology has been an accurate predictor of investment and business success with past “Ready to Rocket” companies.
CEO, LifeBooster Inc