FYLD
FYLD is an AI-powered fieldwork execution platform that provides real-time visibility into field operations, enabling smarter and faster decisions to improve productivity, safety, sustainability, and revenue. The platform transforms static forms into dynamic video assessments, enhancing communication, safety insights, and operational efficiency across industries such as utilities, heavy civil construction, and energy. FYLD's solutions reduce injuries and incidents by 20%, boost productivity by 8%, and deliver at least 6x ROI across sectors. It supports managers, fieldworkers, contractors, and civil engineers with AI-driven workflows, remote monitoring, compliance, and resource allocation, revolutionizing fieldwork on five continents.
FYLD
FYLD is an AI-powered fieldwork execution platform that provides real-time visibility into field operations, enabling smarter and faster decisions to improve productivity, safety, sustainability, and revenue. The platform transforms static forms into dynamic video assessments, enhancing communication, safety insights, and operational efficiency across industries such as utilities, heavy civil construction, and energy. FYLD's solutions reduce injuries and incidents by 20%, boost productivity by 8%, and deliver at least 6x ROI across sectors. It supports managers, fieldworkers, contractors, and civil engineers with AI-driven workflows, remote monitoring, compliance, and resource allocation, revolutionizing fieldwork on five continents.
TL;DR
Product: AI-powered fieldwork execution platform with video-based assessments and real-time visibility
Sector focus: Infrastructure: utilities, heavy civil construction, energy
Founded: 2020
Employees: 65
Reported funding to date: £26M (reported) / $44,360,000 USD (aggregate reported)
Company Overview
Problem Domain
Operational inefficiency, safety risk and limited real-time visibility in infrastructure fieldwork (utilities, heavy civil construction, energy).
Founded
2020
Industry
Infrastructure / Field Operations Software
Funding Track Record
10000000
Series A announced November 30, 2021; funding provided by Koru and corporate partner SGN.
12000000
Closed a £12M funding round in late 2023 (announced April 17, 2024) led by Ontario Teachers' Pension Plan; company stated total raised reached £26M at that time.
10000000
Announced $10M of growth capital from NatWest (October 30, 2024).
500000
Government/industry grant (reported ~£500k in 2022).
1200000
Government/industry grant (reported ~£1.2M in 2024).
Investor Signal
“Backed by institutional investors and strategic partners including Ontario Teachers' Pension Plan (via Koru), SGN, and BCG X; NatWest provided growth financing.”