SPOT
An artificial intelligence company that focuses on innovative computer vision and deep learning technologies.
| Date | Investors | Amount | Round |
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| N/A | €0.0 | round | |
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| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $2.0m | Seed | |
| Total Funding | 000k | ||
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Spot AI, founded in 2018 by Stanford friends Tanuj Thapliyal, Rish Gupta, and Sud Bhatija, is a video intelligence company operating in the physical security and operational efficiency market. The founders, with backgrounds from Cisco Meraki and Samsara, questioned why business video footage wasn't more widely utilized for improving efficiency, safety, and customer experiences. This led to the creation of a platform that transforms standard surveillance cameras into AI-powered systems.
The company's core business revolves around a subscription-based model, charging clients per video feed processed through its system. It serves a wide range of industries, including manufacturing, retail, healthcare, and education, catering to both small businesses and Fortune 500 companies. Spot AI's platform is designed to integrate with existing camera hardware, offering an open ecosystem that allows businesses to leverage their current infrastructure. For new setups, the company provides high-resolution IP cameras at no additional cost.
The product offering includes an Intelligent Video Recorder (IVR) powered by NVIDIA GPUs for on-edge AI processing, a unified cloud dashboard, and a suite of AI tools. The dashboard allows users to view all camera locations, search footage, and manage operations from a single interface. A key feature is the Video AI Agent, which transforms cameras from passive recorders into proactive systems that can identify issues—such as safety hazards or operational bottlenecks—and trigger automated responses like alerts, analytics delivery, or activating other connected devices. More recently, Spot AI introduced 'Iris,' a conversational AI agent builder that enables non-technical users to create custom video detection agents for specific business needs through natural language.
Financially, Spot AI has demonstrated significant growth, securing a total of $93 million in funding across several rounds. Notable funding includes a $40 million Series B round in November 2022 and a subsequent $31 million round in October 2024. Key investors include Scale Venture Partners, Redpoint Ventures, Bessemer Venture Partners, and Qualcomm Ventures. Keywords: video intelligence, AI camera systems, physical security, operational efficiency, computer vision, video analytics, workplace safety, enterprise software, surveillance technology, asset tracking