Lowy Family Group invests in connected safety tech biz Blackline

Based in Calgary, Blackline's safety solutions detect hazards, connect workers to live monitoring teams and analyze data in real-time.

  • The company’s largest shareholder, DAK Capital, also invested, for total gross proceeds of about C$27 million
  • The proceeds of the deal will be used to invest in cloud-based software, data platform enhancements and scalability initiatives
  • LFG is the private investment business and family office of the Lowy Family

Blackline Safety Corp, a connected safety technology business, has secured an investment from the Lowy Family Group (LFG) in 3.1

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