WatchKeeper
Advanced risk management platform to visualise, track and protect critical operations.
2 December 2018
WatchKeeper founded
10 April 2019
Accepted onto Geovation’s 8th cohort
19 August 2019
WatchKeeper launches a real-time critical event management platform in partnership with IBM and The Weather Company, helping some of the largest multinational organisations respond more effectively to storm and flood risks for the 2019 hurricane and typhoon season. Over 30 subscribers included Apple, Uber, Barclays, Repsol, SAP, Verizon, Standard Chartered Bank, Cognizant, Booking.com, JPMorgan, Levi’s, Thomson Reuters, Pratt & Whitney, Cognizant, DXC and the International Red Cross, amongst others.
1 October 2019
Launched pre-seed funding round
12 November 2019
Accepted on London & Partners business support programme, run by the Mayor of London’s Office
Founders
Hugh Farquhar
CEO & Co-Founder
Daniel Whatmuff
CTO & Co-Founder
Showcase
WatchKeeper is a data integration platform that leverages location intelligence to redefine incident monitoring and response for corporate security and supply chain risk managers.
Problem
When natural disasters or violent incidents occur, it is vital that organisations can quickly determine what assets, employees or critical business functions might be impacted. However, understanding the risk to business operations or employee life-safety is a slow, manual and error-prone process of querying multiple datasets siloed in different departments and held on disparate data systems, which takes on average over 2 hours per incident.
Solution
WatchKeeper maps a company’s assets, employees and critical business functions, alongside real-time risk feeds, empowering executives with the insights they need to support rapid decision-making before, during and after a catastrophic event.
Market
The critical event management market is worth $41.1bn, with a CAGR of 17.5%. This market growth is driven by the rise of IoT and IP-connected systems, allowing organisations to seamlessly understand risks in proximity to their operations and personnel.
WatchKeeper serves this market through a SaaS-based annual subscription model, with premium content from market-leading risk vendor partners.
Traction
WatchKeeper has partnered with IBM to offer a free critical event management platform to major organisations, helping them manage storm and flood risks for this year’s hurricane and typhoon season. StormWatch is currently being used by over 25 clients, including Apple, Uber, SAP, Barclays, Thomson Reuters, Verizon, Cognizant, DXC, Levi Strauss, Booking.com, the International Red Cross and the Government of Canada.
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