Assert AI Secures $4 Million in Funding Round to Fuel Global Expansion

Team Assert AI
Preeti Bali / 12:07 pm / May 2, 2024

Assert AI, a leading provider of computer vision software-as-a-service (SaaS) solutions, has successfully secured $4 million (Rs 30 crore) in a funding round. The investment was led by a distinguished group of investors, including Ramesh Hariharan (former CTO and co-founder of LatentView), Prashant Purker (ex-MD & CEO of ICICI Venture), (a prominent integrated grain commerce platform), and several other notable figures.

Investing in the Future of Computer Vision Technology

Assert AI plans to leverage the acquired funds to solidify its presence in key markets, accelerate research and development initiatives, and remain at the forefront of groundbreaking advancements in computer vision technology. With operations spanning India, the US, and the Middle East, the company is poised for significant global expansion.

Empowering Machines with Intelligent Vision

Assert AI’s innovative solutions equip computers with the power of human-like vision, minus the limitations. Their proprietary software acts as a tireless pair of eyes, analyzing visual data with exceptional accuracy and efficiency. This translates to significant benefits for businesses and organizations, enabling them to automate tasks, enhance customer experiences, and glean valuable insights from their operations.

A Suite of Powerful Solutions

Assert AI boasts a comprehensive suite of products designed to address diverse computer vision needs. Pratham, their user-friendly no-code platform, democratizes access to computer vision technology, while Alpha empowers clients with flexible options for data consumption and integration into existing systems. Falcon, their most recent offering, revolutionizes warehouse inventory management with real-time tracking and optimization capabilities.

Delivering Value Across Industries

Under the leadership of Job Philip, Assert AI has established a strong track record of success, delivering over 50 impactful applications to large corporations, small and medium-sized enterprises, and government organizations. Their solutions continue to empower businesses across various sectors to operate with greater efficiency and intelligence.

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