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About Spot AI
Industries
Cybersecurity
AI & Machine Learning
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$93M
Headquarters
Burlingame, California
Founded
2018
Overview
Spot AI improves workplace safety and operational efficiency with AI-powered camera systems. Their high-resolution IP security cameras integrate easily into existing setups and are enhanced by user-friendly software that turns standard cameras into intelligent monitoring devices. Serving clients from small businesses to Fortune 500 companies, Spot AI offers a seamless installation process and provides replacement cameras and software updates at no extra cost. The company aims to help businesses better manage their physical environments while saving on security upgrades.
Simplify's Take
What believers are saying
- Spot AI secured $31M in funding, boosting their innovation and market reach.
- AI-driven video analytics demand is growing in retail, benefiting Spot AI's offerings.
- Spot AI's rapid deployment capability ensures quick client onboarding and satisfaction.
What critics are saying
- Increased competition from established players like Hikvision could impact market share.
- Potential privacy concerns may lead to stricter regulations affecting Spot AI's operations.
- Economic downturns could reduce demand for new security systems, impacting sales.
What makes Spot AI unique
- Spot AI offers AI-powered cameras that integrate seamlessly with existing security systems.
- Their platform allows building AI agents for any security camera, enhancing versatility.
- Spot AI provides free replacement cameras and updates, ensuring clients have the latest technology.
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Funding
Total Funding
$93M
Above
Industry Average
Funded Over
4 Rounds
Bessemer Venture PartnersBenefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Company Equity
Growth & Insights and Company News
6 month growth
↑ 3%1 year growth
↑ 1%2 year growth
↑ 8%In a bold step toward redefining video surveillance, Spot AI has launched a new platform that enables users to build and deploy AI agents across virtually any existing security camera system.
Spot AI has introduced Iris, which the company describes as the world's first universal video AI agent builder for enterprise camera systems.
Spot AI, the leader in Video AI Agents for the physical world, today announced the launch of its Remote Security Agent, bringing AI innovation to the security guard industry.
In addition to the launch of its flagship product, Spot AI has secured $31 million in new equity funding, bringing the total raised to $93 million.
Spot AI, a video AI startup creating safer workplaces and smarter operations for every organisation, has $31 million in new equity funding.
Spot AI is Hiring for 4 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Spot AI
Industries
Cybersecurity
AI & Machine Learning
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$93M
Headquarters
Burlingame, California
Founded
2018
Spot AI is Hiring for 4 Jobs on Simplify!
Find jobs on Simplify and start your career today