Stage Fund Acquires Injury Prevention Data Platform Worklete.

M2 EQUITYBITES-January 28, 2022-Stage Fund Acquires Injury Prevention Data Platform Worklete

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US-based private equity fund Stage, along with US-based equity investor Clear Stream Partners, have acquired applied technology company Worklete, which aims to reduce workplace injuries, the firm said.

Worklete, founded in 2015, is a mobile device enabled solution that provides injury prevention training for frontline workers anytime, anywhere.

According to Stage, the Worklete platform has proven to reduce preventable musculoskeletal injuries up to 50% with less than five minutes per day utilization.

Stage Fund, founded in 2009, is a majority female-led private equity fund...

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