WakeCap Technologies Expands Global Footprint With Acquisition of Trackfy, a Brazilian Worker Safety and Operational Tracking Solution

Acquisition extends the footprint of the Saudi firm into Latin America

RIYADH, SAUDI ARABIA AND SAN FRANCISCO, CA / ACCESS Newswire / November 3, 2025 / WakeCap, the sensor-powered venture intelligence and controls platform trusted by the world’s most complicated building and oil and gasoline tasks, pronounces its acquisition of Trackfy, a workforce security and operational resolution for industrial firms. The acquisition underscores the Saudi firm’s dedication to increasing its world attain, diversifying product capabilities, and deepening buyer relationships throughout the development and industrial lifecycle.

WakeCap’s enlargement comes at a time when world infrastructure funding is surging, with the Kingdom of Saudi Arabia alone investing almost $1 trillion in building and concrete growth. Aligned with the ambitions of Imaginative and prescient 2030 to create safer, smarter, and extra sustainable constructed environments, WakeCap’s capability to bridge Silicon Valley innovation, Saudi-scale supply and now Brazilian attain, uniquely positions the corporate on the intersection of AI, IoT, and industrial transformation.

Past increasing into Latin America, with Brazil as the brand new LATAM HQ, the Trackfy acquisition permits WakeCap to assist purchasers lengthy after building is full. By including operations and upkeep capabilities, WakeCap can stick with tasks from the construct part by way of to each day industrial operations, providing a single related resolution throughout the total lifecycle of a facility. This method considerably will increase the long-term worth the corporate delivers to its prospects.

“Trackfy brings each regional experience and product capabilities that completely complement WakeCap’s imaginative and prescient to place employees first, make jobsites safer, and produce readability to the world’s most complicated building tasks,” stated Dr. Hassan Albalawi, Co-Founder and CEO of WakeCap. “WakeCap’s capability to seize and act on real-time jobsite information is vital for high-performing venture controls, and this acquisition fuels our subsequent stage of progress as we broaden our world footprint, rising the worth we ship to prospects by way of richer insights, sooner reporting, and better operational effectivity. It is a sturdy cultural match, and we’re excited to welcome the Trackfy workforce to WakeCap.”

“WakeCap’s mission has all the time been to resolve the development trade’s most pressing issues by way of information, software program, and IoT, whereas Trackfy has carried out the identical throughout the operational core of business environments,” stated Tulio Cerviño, CEO of Trackfy. “Becoming a member of forces allows us to scale our know-how, broaden into new areas, and serve prospects throughout the total lifecycle of business tasks. This transfer is extra than simply an acquisition – it’s an enormous step towards the conclusion of a shared imaginative and prescient: to construct the worldwide customary for sensible operations and industrial intelligence.”

The acquisition will mix WakeCap’s experience in world building know-how with Trackfy’s energy in industrial operations. WakeCap transforms how building tasks are managed by way of dwell, site-wide visibility throughout workforce, security, productiveness, and progress. Its know-how protects and empowers jobsite employees, reworking building websites right into a safer and extra dependable place to work. With greater than 150 million labor hours tracked and deployments throughout US$120 billion in energetic tasks – together with Aramco, NEOM, Qiddiya, and King Salman Park in addition to world tasks within the UAE, US, Brazil and Japan – WakeCap is setting the usual for the way information drives efficiency, security, and accountability on the jobsite, resulting in data-driven enterprise selections and decreased insurance coverage prices.

About WakeCap
WakeCap is the sensor-powered venture controls platform that has develop into the know-how accomplice for the Center East’s most complicated building tasks. Pioneering building sensing since 2017, WakeCap’s platform is presently deployed throughout $120B+ of energetic giga-projects, with over 150M work hours tracked. WakeCap tracks dwell discipline information and transforms it into actionable intelligence, from labor hours and web site entry to security, productiveness, and progress. WakeCap has delivered transformative outcomes, reaching 90%+ discount in security violation observations, 25%+ features in productiveness, and 70%+ sooner incident response. Trusted by trade giants together with Aramco, Neom, Qiddiya, and the area’s high contractors, WakeCap is constructing the muse for a better, safer, and extra clear building trade. WakeCap is Headquartered in Riyadh & Silicon Valley, with operations throughout UAE, Brazil, and the US.

About Trackfy
Trackfy is a number one industrial know-how firm targeted on workforce security and operational efficiency. Acknowledged as one of many high 4 IoT startups in Brazil by the 100 Open Startups rating, Trackfy has constructed Latin America’s largest knowledge-base on real-time operational intelligence. Its platform is trusted by over 15 main industrial clients-including leaders in metal, oil & gasoline, chemical compounds, and agriculture-to digitize discipline operations, scale back threat, and enhance productiveness. From emergency response to long-term effectivity features, Trackfy supplies vital insights by way of IoT and Knowledge Analytics, making industrial environments safer, smarter, and extra clear.
The startup stories that its resolution has already elevated workforce productiveness by 67%, decreased the time required for work allow issuance by 25%, and improved operational planning accuracy. In industrial settings, its know-how has decreased emergency evacuation instances by 50% and inner employee journey time by 33%.

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