Clearview AI Closes $30M Series B Funding

▤ Summary

Clearview AI, a NYC-based facial recognition company that provides photo identification technology to law enforcement agencies, closed a $30m Series B funding round that now values the company at $130m. The investment includes funds from institutional investors and family offices. The company intends to use the funds to acceelrate continued growth. Led by Hoan Ton-That, Co-Founder and CEO, Clearview AI leverages proprietary image-search technology that enables law enforcement to lawfully identify criminal suspects, as well as the victims upon whom they prey, by matching within seconds a single, unidentified photograph with publicly available, open-sourced images from the Internet. Prior investors include Peter Thiel and Naval Ravikant.

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