About Actuate
Actuate is a company based in New York (United States) founded in 2019.. Actuate has raised $23.8 million across 3 funding rounds from investors including Gray Line Partners, Tribeca Venture Partners and Bling Capital. Actuate offers products and services including Gun Detection, Intruder Detection, Loitering Detection, and Crowd Detection. Actuate operates in a competitive market with competitors including SoundThinking, Athena Security, Wytec International, V5 Systems and Databuoy, among others.
- Headquarter New York, United States
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Aegis Systems Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$23.8 M (USD)
in 3 rounds
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Latest Funding Round
$11.5 M (USD), Series A
Aug 14, 2024
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Investors
Gray Line Partners
& 7 more
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Employee Count
Employee Count
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Products & Services of Actuate
Actuate offers a comprehensive portfolio of products and services, including Gun Detection, Intruder Detection, Loitering Detection, and Crowd Detection. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software to instantly detect visibly brandished guns.
Identifies persons dwelling in camera view.
Detects individuals lingering in restricted areas.
Identifies formation of large groups of people.
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Funding Insights of Actuate
Actuate has successfully raised a total of $23.8M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $11.5 million completed in August 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $11.5M
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First Round
First Round
(01 Jul 2019)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Series A - Actuate | Valuation | Gray Line Partners | |
| Apr, 2021 | Amount | Series A - Actuate | Valuation | Tribeca Venture Partners | |
| Jul, 2019 | Amount | Seed - Actuate | Valuation | Bling Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Actuate
Actuate has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Gray Line Partners, Tribeca Venture Partners and Bling Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage VC firm investing in the US
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Founded Year | Domain | Location | |
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Seed funding and product council are provided for early-stage companies.
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Founded Year | Domain | Location | |
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VC firm investing in seed & early stage companies in the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Actuate
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Actuate
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Actuate Comparisons
Competitors of Actuate
Actuate operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SoundThinking, Athena Security, Wytec International, V5 Systems and Databuoy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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| domain | founded_year | HQ Location |
Online suite solutions for public safety management
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AI-driven security solutions for buildings are provided using computer vision.
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Broadband internet access is provided to business sectors.
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Provides outdoor security solutions and platform for IOT Applications
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Provider of real-time gunshot detection and panic button system
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Actuate
Frequently Asked Questions about Actuate
When was Actuate founded?
Actuate was founded in 2019.
Where is Actuate located?
Actuate is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Actuate a funded company?
Actuate is a funded company, having raised a total of $23.8M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.2M, raised on Jul 01, 2019.
What does Actuate do?
Actuate was founded in 2019 in New York, United States, within the public safety and AI sector. Cloud-based video analytic software is offered to detect firearms and intruders through existing security camera feeds. Threat warnings and law enforcement responses are facilitated, with features including intruder detection, threat monitoring, facial recognition, and integration with current systems. Operations focus on enhancing security infrastructure across various environments.
Who are the top competitors of Actuate?
Actuate's top competitors include SoundThinking, Armaments Research Company and Athena Security.
What products or services does Actuate offer?
Actuate offers Gun Detection, Intruder Detection, Loitering Detection, and Crowd Detection.
Who are Actuate's investors?
Actuate has 8 investors. Key investors include Gray Line Partners, Tribeca Venture Partners, Bling Capital, Tensility Venture Partner, and Upside Partnership.
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