The Late Stage 50 · 2026 edition · #48 of 50
Mitti (formerly SafetyCulture)
Mitti (formerly SafetyCulture) provides an operations app for frontline teams, covering inspections, training, incident reporting and asset management.
US$137mFY2025 · reported
+23%growth, year on year
#48rank by disclosed revenue
The figure
- Revenue
- A$197 million revenue, FY2025 AUD
- In US dollars
- US$137m
- Standing
- reported
- Published
- 11 Aug 2026
- Evidence
- Prior year
- A$160.6 million revenue, FY2024 AUD
- Growth
- +23%
FY2025 · reported1Forbes · 11 Aug 2026
at the RBA rate, 16 Oct 2026 (1 AUD = US$0.6947)2Reserve Bank of Australia, exchange rates · 16 Oct 2026
Named press, described source — Forbes; the figure is attributed in the article
accessed 17 Oct 2026
“reported a $49 million loss on $197 million in revenue for the 2025 financial year” — as read on the source page1Forbes · 11 Aug 2026
FY2024 · reported3Australian Financial Review · 29 Oct 2024
computed from the two figures shown, twelve months apart3Australian Financial Review · 29 Oct 2024
Context
- Founded
- 2004
- Headquarters
- Sydney, Australia
- Sector
- Software
- Website
- mitti.com
- Status
- Private as of 17 October 2026
Workplace operations software (inspections, safety, training) with an insurance line
Rebranded to Mitti on 11 Aug 2026. Startup Daily calls it a 'privately owned software platform'.5status check · 17 Oct 2026
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Every figure on this page, by source.
- 1Forbes · 11 Aug 2026www.forbes.com.au/news/entrepreneurs/safetyculture-becomes-mitti-as-unicorn-bets-on-insura…
- 2Reserve Bank of Australia, exchange rates · 16 Oct 2026www.rba.gov.au/statistics/frequency/exchange-rates.html
- 3Australian Financial Review · 29 Oct 2024www.afr.com/technology/workplace-app-firm-safetyculture-narrows-losses-but-profit-elusive-…
- 4mitti.committi.com/
- 5status check · 17 Oct 2026www.startupdaily.net/topic/business/safetyculture-rebrands-after-22-years-as-ai-comes-to-t…
Every link was opened on 17 October 2026 and the figure read on the page. Secondary-market indications, where shown, are provided by Forge Global and Clarity (formerly Hiive), are not offers, and play no part in the ranking.