Fast-growing Australian technology company SafetyCulture has blasted through the $2 billion valuation mark following one of the largest venture capital funding rounds of the year, led by New York-based Insight Partners.

The Townsville-founded company first achieved the highly prized “unicorn” status of a billion-dollar valuation a year ago. But it has grown significantly during the COVID-19 pandemic, as enterprises around the world look to its software platform and flagship iAuditor product to ensure offices can comply with the standards required for a return to work.