Hand hygiene management system PathSpot raises $10.5 million

PathSpot, the creator of a real-time hand hygiene management system that protects against the threat and spread of illness with a hand scanner that tracks hand washing frequency and effectiveness, announced the closing of $6.5 million in a Series A round led by Valor Siren Ventures I L.P., bringing the company's total funding to $10.5 million, according to a press release.

Using a network of sensors plus visible, audible, and electronic cues, PathSpot immediately notifies team members when invisible contamination is detected on their hands. In the future, PathSpot will also detect on food, equipment, surfaces, and more. If the contamination or hand wash frequency requirements are not addressed, notices can automatically escalate to management to ensure complete protection of the customer, brand and bottom line in one location or across a chain. 97% of employees report PathSpot made them think more critically about food safety on a daily basis, according to the company. PathSpot reduces management time spent on training and monitoring hand washing, including 89% of managers reporting «time-saving» when it comes to PathSpot helping them monitor hand washing and food safety.

Formed with an anchor investment from Starbucks and in collaboration with Valor Equity Partners, VSV is a supporter of early-stage food, food technology and retail technology investing. Richard Tait, a partner at VSV, will join PathSpot's board of directors. Existing investors FIKA Ventures and Walden Venture Capital also participated in the investment.

Source: Kiosk Marketplace