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Pathspot raises $6.5M in financing

PathSpot, a creator of a hand hygiene management system, has raised $6.5 million in a Series A round led by Valor Siren Ventures I L.P., bringing the company’s total funding to $10.5 million.

The technology protects against the threat and spread of illness with a hand scanner that tracks handwashing frequency and effectiveness, according to a press release. 

« PathSpot works alongside the food industry to promote handwashing and enhance a positive culture around sanitation, using data to help plan and protect against future risk, » Christine Schindler, CEO and co-founder, PathSpot, said in the release. « I’m thrilled to partner with VSV, which comes at a time when the entire world is more conscious than ever about handwashing safety. 

Formed with an anchor investment from Starbucks, and in collaboration with Valor Equity Partners, VSV invests in early-stage food, food technology and retail technology ventures. Richard Tait, a partner at VSV, will join PathSpot’s board of directors. Existing investors FIKA Ventures and Walden Venture Capital also participated with a follow on investment.

Thirty percent of diarrhea-related sicknesses and 20% of respiratory infections are preventable by proper handwashing, and among these are the 48 million Americans who get sick each year from foodborne illness, according to the release. As an example, the spread of germs from food handlers to food accounts for 89% of all foodborne illnesses that are contracted in restaurants. In less than two seconds, PathSpot’s hand scanner detects invisible signs of bacteria and viruses that cause illnesses and outbreaks.

« PathSpot has given us the tools to measure and improve our sanitation practices. But more importantly, working with the PathSpot team has created an even greater overall sensitivity to and awareness of food safety in our restaurants, » said Colin McCabe, co-founder of Chopt Creative Salad Company and an early investor in Pathspot, in the release. « Having already engaged the PathSpot system well before the coronavirus outbreak, I’m confident in how our team prioritizes handwashing, and in this unprecedented environment, that priority will remain a critical focus. »

Using a network of sensors plus visible, audible, and electronic cues, PathSpot notifies team members when invisible contamination is detected on their hands. In the future, PathSpot will also detect on food, equipment, surfaces and more, according to the release. If the contamination or handwash frequency requirements are not addressed, notices can automatically escalate to management.

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