Hillside Ventures STEM Fund Announces Investment in SIERA.AI
Hillside Ventures is excited to announce its investment of $50,000 in SIERA.AI as part of its ongoing Seed Extension round, led by Parkway Ventures. SIERA.AI is a leading provider of AI-driven safety solutions for forklifts and other warehouse operations, dedicated to enhancing workplace safety and efficiency through innovative technology. SIERA.AI’s flagship product combines hardware installations with software analytics to monitor forklift operations, reduce accidents, and improve workflow.
Sam Mason, analyst and deal lead, remarked, “it’s incredibly excited to work closely with such experienced leaders like Ram Kumar and Zsolt Pulai. We are thrilled that our first investment in the Hillside STEM Fund is going towards technology that protects workers every day.”
Given SIERA.AI’s current partnerships with major industry players such as Coca-Cola, John Deere, and PepsiCo, Hillside Ventures is confident in the company’s growth trajectory and innovative approach to warehouse safety, which will continue to drive value and expansion opportunities in the future.
About Hillside Ventures
Hillside Ventures is an early-stage venture fund investing across a diverse array of industries. Its STEM Fund, a specialized arm of the organization, focuses on companies within the SaaS, Healthcare, and Manufacturing sectors. As a nationally recognized student-run venture capital fund, students lead investments guided by a stellar team of professionals across multiple industries. For more informaiton or to explore opportunities, please contact us at hillsideventurecapital@gmail.com.
About SIERA.AI
With the exponential growth in e-commerce, warehouse employment has surged, leading to an increase in forklift-related accidents, which pose significant challenges to operational safety and efficiency. SIERA.AI’s platform addresses these risks through advanced AI and sensor technology, which can be retrofitted onto any forklift model. This technology not only enhances worker safety, but also positively impacts a company’s bottom line, as preventing a single accident proves to be more cost-effective than managing the consequences of the incident.
Contact Us!
Contact us today at sales@siera.ai or call us at (512) 817 0702.