Percepta

Percepta

Cloud-based video analytics for shoplifting detection

Overview

Percepta Labs builds cloud-based video analytics for retail loss prevention. It ingests retailers’ existing security camera feeds and uses action recognition and pose estimation to identify behaviors that could indicate shoplifting in real time, then assigns a probability that a theft is happening. The system emphasizes ethical AI by anonymizing demographic features (race, gender, age) to avoid bias and protect privacy. The product is sold to retailers to help reduce shrinkage and improve margins, with early testing claiming higher accuracy than human loss-prevention staff. Percepta’s growth has been supported by a major investment from ADT Commercial, which acquired the company and appointed its co-founder as ADT’s first Director of Artificial Intelligence. The company’s goal is to provide scalable, privacy-conscious video analytics that help retailers prevent theft more efficiently and cost-effectively.

About Percepta

Simplify's Rating
Why Percepta is rated
C
Rated C on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Cybersecurity

AI & Machine Learning

Company Size

1-10

Company Stage

Seed

Total Funding

$1M

Headquarters

Philadelphia, Pennsylvania

Founded

2019

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Simplify's Take

What believers are saying

  • ADT Commercial's $1M investment and network accelerates retail market penetration significantly.
  • Expansion to Fortune 500 and government agencies broadens addressable market beyond retail.
  • 24/7 automated monitoring reduces shrinkage and improves profit margins for retailers.

What critics are saying

  • Percepta transitioned to General Catalyst transformation company, abandoning retail shoplifting focus.
  • Brand confusion with Percepta.com automotive services undermines retailer trust and sales.
  • Verkada's integrated hardware-software bundles outcompete Percepta's cloud-only CCTV analysis approach.

What makes Percepta unique

  • Ethical AI anonymizes demographic features to eliminate racial and gender bias in detection.
  • Action recognition technology achieves 2x accuracy versus human loss prevention personnel.
  • Integrates into existing CCTV systems within minutes without hardware replacement.

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Funding

Total Funding

$1M

Below

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Below Average

Industry standards

$3.3M
$1.5M
Slack
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Flexible Work Hours

Remote Work Options

Paid Vacation

Paid Sick Leave

Paid Holidays

Sabbatical Leave

Hybrid Work Options

Stock Options

Company Equity

401(k) Retirement Plan

401(k) Company Match

Performance Bonus

Profit Sharing

Employee Stock Purchase Plan

Relocation Assistance

Employee Referral Bonus

Student Loan Assistance

Parental Leave

Family Planning Benefits

Fertility Treatment Support

Adoption Assistance

Childcare Support

Elder Care Support

Pet Insurance

Bereavement Leave

Professional Development Budget

Conference Attendance Budget

Training Programs

Tuition Reimbursement

Professional Certification Support

Mentorship Program

Wellness Program

Mental Health Support

Gym Membership

Commuter Benefits

Meal Benefits

Phone/Internet Stipend

Home Office Stipend

Legal Services

Employee Discounts

Company Social Events

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Percepta is Hiring for 11 Jobs on Simplify!

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