Assert AI is a SaaS startup that specializes in developing computer vision solutions that utilize artificial intelligence to analyse and interpret visual data. They are rapidly emerging at the top of the cutting-edge technology. The aim is to leverage edgy computer vision technology to transform the way businesses operate.
Founding Story
Numerous SaaS companies are evolving each day but only a few are delivering increased efficiency, driving growth and offering a team of experts. Assert AI is one such trailblazing startup that offers solutions in retail, manufacturing units, warehousing, traffic management, logistics & supply chains. The shared goal of the founders is to harness the power of Computer Vision to solve real-world problems.
Founders
Behind the closed doors, there is a team of board members tirelessly working for the success of Assert AI. The startup team includes Job Philip who is the current CEO as well as the co-founder. He spent 14 years in investing working at India’s top financial institutions. Finally, in the year 2019, he went ahead to explore his passion for AI–human collaborations. He is driving inspiration from his expertise in machine learning and data science, combined with his strategic vision for the company.
Funding
The SaaS startup has recently raised ₹30 crore ($4 million) in a funding round led by prominent venture capital firms. The panel included Ramesh Hariharan (ex-CTO and co-founder of LatentView), Prashant Purker (former MD & CEO of ICICI Venture), Arya. ag (integrated grain commerce platform), and select individuals. So far the company has already raised a total funding of $7.12Mn. The whopping investment is a testament to the confidence investors have in Assert AI’s vision and mission.
USPs and Competition
The SaaS startup takes pride in catering 50+ unique applications to Large corporates, SMEs and government enterprises. They offer radical solutions in numerous domains. The artificial intelligence-based computer vision masters in delivering image and video analytical solutions. The distinguishing factor of Assert AI is its ability to furnish real-time insights and analytics, nudging businesses to make data-driven decisions. They aim to be a one-stop solution for businesses looking to capitalize on innovative solutions offered coupled with advanced technology.
Future
The SaaS startup has built a road map to utilize the funds in the best possible way. They aim to boost their presence in essential markets, strengthen research and development, and take up new endeavours in computer vision technology. Assert AI is heading straight to restructuring the SaaS landscape. They are confident to explore new industries and geographies to drive further growth and impact. Assert AI wants to cater to a large customer base.
In short, Assert AI’s journey is inspiring and it is only meant to go higher because of the determination and innovation. Their customer-centric approach and drive digital innovation for years to come. Their robust AI architecture successfully detects, recognises and mitigates failures. They guarantee enhanced security, work productivity and process automation through facial recognition toolkit.
