ReFresh raises $1.3m to tackle psychosocial safety concerns
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The news: Workplace psychosocial compliance and HR risk management platform ReFresh has raised $1.3 million to support organisations responding to Australia's mandatory workplace psychosocial safety obligations.
The context: The raise follows formal nationwide regulation of psychosocial hazards, which requires employers to identify, assess, control and manage psychosocial risks to the same standard as physical safety hazards. The policy introduces new expectations for organisations to demonstrate structured risk management and regulatory compliance from 1 December 2025.
The funding was backed by venture capital firms Black Nova VC, Archangel VC and Antler. ReFresh said the capital will be used to accelerate product development, expand enterprise adoption and support organisations navigating the new regulatory environment.
ReFresh is designed to manage psychosocial risk, enabling organisations to record incidents and generate board and regulator ready reporting. The platform is already implemented across a range of organisations including Safewill, Amped HQ and Nakatomi, and has partnerships with Deel, Sonder, Matched and Humn.
What they said: "Psychosocial risk has been discussed for years, but until now it hasn’t been treated as a formal safety obligation with clear accountability,” ReFresh co-founder Harrison Kennedy said.
"What the legislation makes clear is that intention is no longer enough. Organisations need systems that allow them to manage psychosocial risk properly and demonstrate that they are doing so."
The source: ReFresh media release
