intenseye

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Overview

Intenseye is a technology company focused on enhancing workplace safety through AI-powered solutions. Founded in 2018, the company is based in New York City with operations reaching six continents globally. It was co-founded by Sercan Esen and Serhat Cillidag, who previously worked together at Sony. Intenseye utilizes existing camera systems in facilities to monitor and prevent workplace dangers efficiently. As of now, Intenseye has raised a total funding of over $94 million, with the recent Series B securing $64 million.

Recent Developments

In recent years, Intenseye has advanced significantly on both technological front and funding:

  • February 2024: Intenseye secured $64 million in a Series B funding round. This round was led by Lightspeed Venture Partners, marking Intenseye as one of the best-funded companies in AI-powered workplace safety technology. The company expanded its reach by 125% globally in 2023, forming partnerships with top cloud, EHS technology vendors, and leading insurers.
  • 2023: Intenseye's platform became integral to numerous Fortune 500 companies, protecting over 100,000 workers across 25+ countries. The technology effectively identified more than 1 million safety hazards and violations during the year.
  • The firm prides itself on ethical AI usage, ensuring privacy by anonymizing data and not using facial recognition technology. This privacy-by-design approach has become a unique selling point for Intenseye.
  • Intenseye’s 50 pre-built modules are designed to integrate effortlessly with existing EHS frameworks across industries, enhancing safety protocols and providing real-time compliance data without the need for additional hardware investments.

Company Information

AttributeInformation
Founding Date2018
HeadquartersNew York City, USA
FoundersSercan Esen, Serhat Cillidag
Revenue$15 million (2024)
ProfitsNot disclosed
Key InvestorsLightspeed Venture Partners, Insight Partners
IndustryEnvironmental Health and Safety (EHS), AI technology
Number of Employees117

Early History

Intenseye was conceptualized in 2017 when founders Sercan Esen and Serhat Cillidag saw an opportunity to innovate the domain of workplace safety using AI technology. Drawing from their experience at Sony, they developed a prototype that allowed existing camera systems to utilize AI for real-time hazard detection in workplaces. This solution aimed to minimize workplace accidents and facilitate seamless integration with existing safety infrastructure. Their product quickly garnered attention, leading to seed funding rounds and partnerships which accelerated their entry into the market.

Company Profile and Achievements

Intenseye has emerged as a pioneer in AI-driven workplace safety solutions:

  • The company leverages computer vision AI with significant accuracy to identify workplace risks, such as unsafe postures or insufficient personal protective gear.
  • Key partnerships with technology firms and insurers have expanded Intenseye’s platform's reach, solidifying its role in digital safety transformation.
  • Intenseye's products integrate smoothly without the need for additional hardware, appealing to businesses looking to maximize existing infrastructure.
  • Major milestones include a notable Series A funding of $25 million led by Insight Partners in 2021; securing Fortune 500 clients; and consistently enhancing its platform to cover over 45 safety use cases.

Current Operations and Market Position

Intenseye continues to innovate at the forefront of AI workplace safety systems. Its competitive edge lies in:

  • Utilizing existing cameras for AI-based hazard detection to provide a cost-effective solution for businesses.
  • Maintaining a strong ethical stance by prioritizing privacy in data processing, which is SOC 2 and GDPR compliant.
  • Continually scaling operations, reaching over 25 countries and revolutionizing how EHS protocols are executed globally.
  • Offering unmatched 24/7 environmental health visibility that instantly boosts compliance and reduces workplace incident rates.

Intenseye Funding

Intenseye has strategically progressed through several funding rounds totaling over $94 million, which includes significant contributions from Lightspeed Venture Partners in 2024 and Insight Partners previously. These funds have been central to scaling their technology and expanding their client base across Fortune 500 companies.

Intenseye Competitors

Intenseye operates in a competitive landscape with numerous enterprises investing in similar AI-driven safety platforms. Notable competitors include Protex AI and Newmetrix, which also focus on improving worker safety using advanced technology.

Conclusion

Intenseye stands as a transformative entity within the environmental health and safety sector, utilizing AI to make workplaces safer on a global scale. The company's continued growth and strategic partnerships drive advancements that not only enhance safety but are poised to redefine industry standards. With a solid financial backing and an ethical technological approach, Intenseye is set to maintain significant momentum in the AI safety domain.

References

  1. Intenseye Raises $64M Series B
  2. Company Overview on Business Wire
  3. Crunchbase Company Profile
  4. Integration with Existing Camera Systems on LinkedIn
  5. Growth and Partnerships
  6. Further Competitors Information
  7. Series A Funding on PR Newswire
  8. Intenseye’s Technology Description
  9. Intenseye Core Values and Culture
  10. Ethical AI and Data Privacy Commitments