Home Breaking News New York based start-up Intenseye raises USD 4 Million

New York based start-up Intenseye raises USD 4 Million

US based start-up Intenseye has raised USD 4 Million on 11th of February, 2021in a seed funding round Co- led by Point Nine and Air Street Capital. The organization’s main goal is to focus on the health and safety of workers in workplaces with expansion of their portfolio.

Investors: The capitalisation of USD 4 Million funds took place in a seed funding round led by Point Nine and Air Street Capital along with previous investors like Angel investors from Twitter, Cortex, Even Financial and Fastly.

What the funding is for: The newly acquired funding would be utilized for verifying network- connected cameras and on computer vision to identify health and safety violations of employees at the workplace. Social distancing and personal safety will be included in the verification. According to sources, the company is also aiming to expand their global reach and build out their team in deploy go- to – market strategies and in the sales and marketing department.

Founder of the company: Sercan Esen and Sarhat Chillidag 

Founded Year: 24 September, 2018

About the company: Intenseye is a privately held machine learning platform which deals with federal and local workplace safety laws. It’s headquarter is established in the Greater New York Area, East Coast, North-eastern, US and has a work strength of approx. 50- 100 talented and ambitious employees. It creates an AI – powered HSE stage that assists the world’s largest organizations to scale employee health and safety across their facility footprints.

The company also takes the aggregate of workplace safety compliance, with a provision to create compliance score and diagnose problem areas. Currently, the organisation is working across 30 cities.

What the CEO has to say: “One of the greatest challenges of the business is a technical one: Intenseye monitors workplace safety through computer vision to send EHS (employee health and safety) violation alerts but it also never analyses faces or identifies individual, and all video is destroyed on the fly and never stored with Intenseye”. 

“Today, our team at Intenseye is 20% female and 80% male and includes four nationalities. We have teammates with MSces in computer science and teammates who have graduated from high school”. 

“Diversity and inclusion among the team is critical at every company, but is particularly important at a company that builds computer vision software”. Said Sercan Esen, Co- Founder of the company.

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