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About Coactive
Industries
Data & Analytics
AI & Machine Learning
Company Size
51-200
Company Stage
Series B
Total Funding
$40.4M
Headquarters
San Jose, California
Founded
2021
Overview
Coactive.ai helps businesses analyze unstructured image and video data to gain insights. Their platform connects to clients' visual data through secure data lakes or allows uploads via an API. Users can query this data using familiar tools like SQL, making it accessible without needing extensive technical skills. Coactive addresses the challenge of incomplete metadata by using advanced data-centric AI and deep learning techniques to generate accurate metadata, facilitating better analysis. Their subscription-based model provides clients with ongoing access to these tools, supporting industries that depend on visual data for decision-making.
Simplify's Take
What believers are saying
- Growing demand for AI-driven video analytics enhances Coactive's market potential.
- Increased interest in data-centric AI aligns with Coactive's core offerings.
- Expansion of cloud-based data lakes offers integration opportunities for Coactive.
What critics are saying
- Competition from tech giants like Google and Microsoft threatens Coactive's market share.
- Rapid AI advancements may render Coactive's platform outdated without continuous innovation.
- Data privacy regulations like GDPR could impact Coactive's data processing capabilities.
What makes Coactive unique
- Coactive specializes in unlocking insights from unstructured image and video data.
- The platform allows SQL-based querying of visual data, simplifying analysis for users.
- Coactive generates precise metadata using data-centric AI and deep learning techniques.
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Funding
Total Funding
$40.4M
Below
Industry Average
Funded Over
2 Rounds
Bessemer Venture Partners
Andreessen HorowitzIndustry standards
Benefits
Hybrid Work Options
Unlimited Paid Time Off
Health Insurance
Dental Insurance
Vision Insurance
Company Equity
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 30%2 year growth
↑ 30%In addition to this SCA, Coactive is also announcing its platform's availability in AWS Marketplace.
Coactive Systems raises $30M in Series B funding.
Power Moves is a column where we chart the comings and goings of talent across the region. Got a new hire, gig or promotion? Email us at philly@technical.ly. The University City Science Center announced four new Founders Fellows last month. This quartet will spend the next year working on research and gaining startup experience with the support of the Science Center. The fellows and their projects are as follows:Daniel Baker is uniting cell therapy and longevity to improve health. Yazmin Feliz is working on ultrasound technology to improve and monitor the IVF process
Comcast NBCUniversal LIFT Labs announced that each of the eight startups participating in their Generative AI Accelerator secured pilots or proofs of concepts with Comcast, NBCUniversal, and/or Sky.
Visual data, like images and videos, can be difficult to organize, analyze, and search. Coactive just landed $10.4 million to fix that.
Coactive is Hiring for 12 Jobs on Simplify!
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Administrative & Executive Assistance
1 Open Roles
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About Coactive
Industries
Data & Analytics
AI & Machine Learning
Company Size
51-200
Company Stage
Series B
Total Funding
$40.4M
Headquarters
San Jose, California
Founded
2021
Coactive is Hiring for 12 Jobs on Simplify!
Find jobs on Simplify and start your career today
Administrative & Executive Assistance
1 Open Roles
People Also Viewed
Discover companies similar to Coactive