Serenity: AI-Based EHS Software Solutions Company Raises $5.5 Million (Series A)

By Amit Chowdhry • Nov 15, 2024

Serenity, a leader in AI-based Environmental, Health, and Safety (EHS) software solutions, announced the closing of a $5.5 million Series A funding round. This investment was led by Allegion Ventures, with follow-on participation from existing investor Base10 Partners.

Through the support of Allegion Ventures, Serenity also gains a strategic investor well-versed in redefining safety through innovation. This funding will advance the company into its next phase of growth, accelerating product development, expanding the team, and driving sales and marketing efforts to unlock new markets.

This strategic funding highlights Allegion Ventures’ confidence in Serenity’s ability to reshape the EHS landscape with its ready-to-use, AI-powered platform. As Serenity evolves, customers will benefit from more efficient tools designed to proactively manage safety, compliance, and operational risks.

With this additional funding, Serenity is prepared to unlock new industry opportunities, further solidifying its position as a game-changer in EHS management.

Serenity was launched in 2019 by former ServiceNow experts Peter Oneppo, who now serves as CEO, and Kris Markham, who now serves as chief revenue officer. With this funding, Allegion Ventures will gain a board seat with Serenity, held by Allegion Ventures Principal Jen Sieber.

KEY QUOTES:

“Partnering with Allegion Ventures marks a pivotal moment for Serenity. Their investment, along with the continued support from Base10, not only validates our mission but accelerates our ability to transform safety and security management with AI-driven solutions. We’re committed to helping organizations engage with employees, enhance safety and security, and streamline operations to achieve superior outcomes and gain the peace of mind they deserve.”

– Peter Oneppo, Co-Founder and CEO of Serenity

“Serenity is leveraging modern cloud-based software that is scalable and adaptable, as well as a unique AI copilot that drives actionable EHS insights, ultimately making it easier for organizations to be safer. We’ve been very impressed by the Serenity leadership team and the customer experiences they’re building to drive new value in this space that’s adjacent to Allegion’s work in physical security but still very relevant to the future of creating a safer world.”

– Bobby Prostko, managing director of Allegion Ventures

“As a strategic investor, Allegion Ventures is excited to engage with the Serenity team, leveraging our expertise across a number of target end markets to help build on Serenity’s early success.”

– Jen Sieber of Allegion Ventures