202429 Apr

Assert AI Raises $4 Million in Series A | The SaaS News

Summary

Assert AI, a Mumbai, India-based SaaS firm that provides solutions for comprehensive video analytics, has raised $4 million in a Series A funding round.The round was led by Ramesh Hariharan (ex-CTO and Co-Founder of LatentView), Prashant Purker (former MD & CEO of ICICI Venture), Arya.ag (integrated grain commerce platform), and other investors.With this funding, Assert AI aims to expand into crucial Western markets, fuel R&D efforts, and enhance its technology.Founded in 2019 by Job Philip and Nitin Jain, Assert AI is a computer vision-SaaS company that offers artificial intelligence-based video analytics solutions across various business sectors, enterprises, and corporations. Its cutting-edge AI-based solutions are designed to optimize processes, increase efficiency, and drive growth across industries. Their recently introduced AI-driven platform, Pratham, democratizes access to computer vision and AI, enabling non-AI users to analyze video data effortlessly. The company operates in India, the US, and the Middle East.

Source: Thesaasnews

Funding

$3.6M
Amount
Apr 29 2024
Date
-
Investor
Assert AI
Company

Classifications

Companies