Reactec
Workplace wearables and analytics for industrial risk prevention.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| GBP | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 35 % | 14 % | (5 %) | (13 %) | 8 % | 8 % | 41 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 5 % | 4 % | (11 %) | (6 %) | (8 %) | (9 %) | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 3 % | 11 % | (13 %) | (1 %) | (8 %) | (9 %) | 1 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | 70 % | 61 % | 64 % | 74 % | - | - | - |
Source: Company filings or news article
Related Content
Reactec is a provider of workplace wearable technology and a data analytics platform designed to prevent industrial health risks. The company was founded in 2001 as a spin-out from the University of Edinburgh, initially focusing on monitoring Hand-Arm Vibration (HAV) exposure following the introduction of the Control of Vibration at Work Regulations in 2005. In August 2025, Reactec was acquired by Ideagen, a global software firm specializing in compliance and risk management, to enhance its worker health and safety solutions.
The company's core offering is an ecosystem of workplace wearables, including the R-Link smart watch, connected to a cloud-based analytics platform. This system provides real-time data and insights into various workplace hazards, including exposure to vibration, harmful dust, and noise, as well as proximity warnings for moving vehicles and restricted zones. The wearables, such as the HAVWEAR and the newer R-Link watch, monitor workers' exposure levels and alert them when they approach safety thresholds. This data is automatically transmitted to the Reactec Analytics platform, where employers can analyze trends, manage risks, and generate reports to ensure regulatory compliance and improve safety protocols.
Reactec serves clients primarily in high-risk industries like construction, manufacturing, mining, and rail. Its business model includes both the capital sale of hardware and a "Safety as a Service" subscription plan, which provides access to the analytics software and allows clients to spread costs over several years. This model accounted for half of all orders in 2023. The company has demonstrated significant growth, reporting a 40.9% increase in annual turnover to £5.58 million for the year ending December 31, 2023. The firm has been supported by investors, including Archangels and Scottish Enterprise, raising a total of $1.75 million over two seed rounds before its acquisition by Ideagen.
Keywords: workplace safety, wearable technology, risk prevention, data analytics, hand-arm vibration, HAVS, proximity detection, connected worker, occupational health, risk management, IoT sensors, prevention engineering, R-Link, compliance software, industrial safety, construction technology, manufacturing safety, safety as a service, dust monitoring, noise monitoring