Baird Capital Invests in autoLOTO
Baird Capital has announced a majority investment in autoLOTO, a cloud-based software and services company that helps organizations automate and manage Lockout/Tagout (LOTO) safety procedures. The investment will support the company in expanding its suite of automated worker safety solutions for the built environment.
Founded in 2019, autoLOTO builds software that protects workers operating around hazardous energy inside data center and industrial construction and maintenance environments. autoLOTO’s solutions replace paper-based processes with a real-time, mobile platform that makes safety execution clear, enforceable, and auditable. Sitting at the center of one of the fastest infrastructure expansions in decades, autoLOTO is poised to capitalize on the massive global data center construction market and become the system of record for safety-critical infrastructure deployment.
“We are delighted to partner with the talented, veteran-led team at autoLOTO to advance their mission of eliminating LOTO-related safety incidents, empowering technicians in their trades and returning home safely,” said Rebecca Schlagenhauf, Partner, Baird Capital.
“autoLOTO is transforming one of the most mission-critical safety processes in industrial operations,” added Joanna Arras, Partner, Baird Capital. “Their hazardous energy management tool significantly enhances how organizations navigate potentially life-threatening situations. We are thrilled to support their next stage of growth as they help make high-risk environments safer and more efficient.”
“We founded autoLOTO with a mission to mitigate human error in LOTO processes and to modernize safety for the world’s most demanding operational environments,” said Daniel Furbush, CEO of autoLOTO. “Partnering with Baird Capital allows us to scale our technology, expand our reach and continue delivering solutions that protect workers and enhance productivity. We look forward to building on this momentum together.”
The investment in autoLOTO reflects Baird Capital’s commitment to partnering with companies that align with its industrial tech and software thesis. It also reinforces the firm’s broader strategy of providing flexible capital to founder-led, B2B technology and services businesses.
Baird Capital was advised by William Blair and DLA Piper. autoLOTO was advised by Citizens and Brown Winnick. Additional financial details were not disclosed.
