Intenseye, a New York and Istanbul, Turkey-based health and safety (EHS) company, raised $25M in Series A funding.
The round was led by Insight Partners with significant participation Point Nine and Air Street Capital, as well as Alex Dalyac, CEO of insurance computer vision company Tractable.
The company intends to use the funds to further expand its go-to-market strategy and build on its existing customer base of international manufacturers.
Led by Sercan Esen, CEO and Serhat Cillidag, CTO, Intenseye provides an AI-powered employee health and safety (EHS) software platform that allows large enterprises to scale employee health and safety across their facility footprints to mitigate workplace accidents and fatalities. It integrates 24/7 with existing camera video feeds from facilities and anonymously identifies health and safety violations in real-time, enabling rapid remediation and safer work environments.
The software captures workplace safety incidents, such as unsafe acts and near misses, in real-time without compromising the worker’s anonymity and privacy. The system can be remotely deployed by integrating into existing cameras within customer facilities. By making use of computer vision models and millions of hours of real-world customer data, Intenseye processes live video streams to rapidly identify over 35 unsafe act types. Then, if incidents occur, EHS professionals receive real-time alerts through the platform, by email, or SMS messages to allow for an efficient and effective response. As physical environments change and new risks emerge, Intenseye’s AI-powered system learns to adapt and keep workers safe.
The product is currently deployed across more than 40 cities around the world for leading global industrial groups and Fortune 500 companies in the US, Europe and Asia.
FinSMEs
21/09/2021