About Adaptive Recognition
Adaptive Recognition is a company based in Budapest (Hungary) founded in 1991.. Adaptive Recognition offers products and services including VIDAR ANPR Cameras, Carmen Software, and Osmond Passport Reader. Adaptive Recognition operates in a competitive market with competitors including Megvii, Chooch, Unico, Ambarella and Keyless, among others.
- Headquarter Budapest, Hungary
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Sectors
Industrial Goods & ManufacturingTechnology
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Phone
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Website
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Social
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- Legal Name Adaptive Recognition Nordic A/S
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$616.67 K (USD), Grant
Dec 01, 2018
- Investors
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Employee Count
Employee Count
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Products & Services of Adaptive Recognition
Adaptive Recognition offers a comprehensive portfolio of products and services, including VIDAR ANPR Cameras, Carmen Software, and Osmond Passport Reader. 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.
Cameras for automatic number plate recognition in traffic enforcement.
Engine for ANPR processing and data analytics in various applications.
Device for scanning and authenticating passports and IDs.
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Funding Insights of Adaptive Recognition
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $616,674
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First Round
First Round
(01 Dec 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2018 | Amount | Grant - Adaptive Recognition | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Adaptive Recognition
Adaptive Recognition has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Adaptive Recognition
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Financial Statements - Adaptive Recognition
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Adaptive Recognition Comparisons
Competitors of Adaptive Recognition
Adaptive Recognition 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 Megvii, Chooch, Unico, Ambarella and Keyless, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Facial recognition and AI video analysis solutions are provided.
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Generative computer vision solutions are offered for video stream analysis.
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Digital identity solutions company providing facial biometrics and digital admission solutions
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| domain | founded_year | HQ Location |
AI-enabled image processors are manufactured for ADAS and security applications.
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Cloud-based biometric authentication and identity management solutions are provided.
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AI software is developed for retail, manufacturing, and insurance sectors.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Adaptive Recognition
Frequently Asked Questions about Adaptive Recognition
When was Adaptive Recognition founded?
Adaptive Recognition was founded in 1991 and raised its 1st funding round 27 years after it was founded.
Where is Adaptive Recognition located?
Adaptive Recognition is headquartered in Budapest, Hungary.
What does Adaptive Recognition do?
Founded in 1991 and based in Budapest, Hungary, Adaptive Recognition specializes in AI-driven video analytics. Hardware and software solutions are developed to capture and analyze footage, supporting applications such as traffic management, ID data entry, code and number plate recognition, video surveillance, and access control. Technologies including OCR, cloud computing, and computer vision are utilized. Services are extended to sectors like banking, transportation, government, smart cities, finance, and retail.
Who are the top competitors of Adaptive Recognition?
What products or services does Adaptive Recognition offer?
Adaptive Recognition offers VIDAR ANPR Cameras, Carmen Software, and Osmond Passport Reader.
Who are Adaptive Recognition's investors?
Adaptive Recognition has 1 investor. Key investors include European Union.
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