Updated Sep. 13, 2017 at 2:32 p.m.

Startup profile: Compatica, targeting workplace incident data

Published: 2017-09-13 14:32:00
Updated: 2017-09-13 14:32:50

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Compatica, a startup based in Cary, is bringing to market a workplace incident recording and management system that its CEO says promotes "accurate, timely, and complete of point-of-incident data collection."

Compactica"Compatica displaces traditional paper and computer-based forms by combining all incident recording capabilities into a convenient mobile-device app, enabling immediate reporting, while requiring minimal training and virtually no IT investment," says CEO Adee Feinstein.

The startup will pitch its new technology at the CED Tech Venture conference on Sept. 19-20 in Raleigh.

This profile is the latest in a series published by WRAL TechWire in partnership with the CED.


Profile: Compatica, Inc.

Adee Feinstein

  • Website: http://www.compatica.com
  • Email contact: adee@compatica.com
  • Address: PO Box 4065, Cary, NC 27519
  • CEO: Adee Feinstein
  • How many employees? Compatica’ Inc.’s team includes five members, plus two external advisors.
  • Link to CED Tech Venture Company Profile: https://cednc.org/company-profile/compatica

​The Q&A:

  • What is the focus of your business?

Compatica, Inc., develops, publishes and implements a Workplace Incident Recording and Management System promoting accurate, timely, and complete of point-of-incident data collection.

  • What is the top pain point/business application you are seeking to address?

Worker’s Compensation and Workplace Incidents affect all US businesses with three employees or more.

  • What makes it unique?

Compatica displaces traditional paper and computer-based forms by combining all incident recording capabilities into a convenient mobile-device app, enabling immediate reporting, while requiring minimal training and virtually no IT investment.

  • Why should investors be interested in your firm?

Worker’s Compensation and Workplace Incidents affect all US businesses with three employees or more. While not inherently “sexy”, the ability to reduce operational costs and improve upon workplace safety is vital to most organizations. Compatica employs a B2B Software-as-a-Service business model and, as such, presents excellent value, with a Customer Acquisition Cost/Life Time Value ratio >10!

  • How are you financed at this point?

Compatica, Inc. has raised $100,000 in seed-funding to date.


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