Assert AI

Mumbai, India Founded: 2018 • Age: 8 yrs
AI and SaaS-based video analytics solutions
Annual revenue $695,936 Latest available
Total funding $7.1M 3 rounds
Employees 52 Tracked headcount
Investors 4 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Assert AI

Assert AI is a company based in Mumbai (India) founded in 2018 by Sandeep Tiwari, Shalabh Shalabh, Nitin Jain, and Job Philip. Assert AI has raised $7.12 million across 3 funding rounds from investors including Arya.ag, Prashant Purker and Shalabh. The company has 52 employees as of April 07, 2024. Assert AI offers products and services including Pratham Alpha, Health and Safety Management System, Quality Management Solutions, and Guest Experience Solutions. Assert AI operates in a competitive market with competitors including Chooch, Ambarella, IntelliFusion, SenseTime and Nymi, among others.

  • Headquarter Mumbai, India
  • Employees 52 as on 07 Apr, 2024
  • Founders Sandeep Tiwari, Shalabh Shalabh, Nitin Jain, Job Philip
  • Stage Minicorn
  • Sectors
    Technology
    Industrial Goods & Manufacturing Transportation, Automotive & Logistics
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  • Legal Name Assert Securetech Private Limited
  • Date of Incorporation 22 Feb, 2018
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $695.94 K (USD)
    70.88
    as on Mar 31, 2023
  • Net Profit
    -$539.66 K (USD)
    -1210.13
    as on Mar 31, 2023
  • EBITDA
    -$553.48 K (USD)
    -1563.77
    as on Mar 31, 2023
  • Total Equity Funding
    $7.12 M (USD)

    in 3 rounds

  • Latest Funding Round
    $4 M (USD), Series A

    Apr 29, 2024

  • Investors
    Arya.ag

    & 3 more

  • Employee Count
    52

    as on Apr 07, 2024

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Products & Services of Assert AI

Assert AI offers a comprehensive portfolio of products and services, including Pratham Alpha, Health and Safety Management System, Quality Management Solutions, and Guest Experience Solutions.

Product name locked
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Primary

AI tool for real-time operations monitoring and insights

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System for detecting hazards in manufacturing environments

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Platform for product inspection and defect detection

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Tools for queue and crowd management in public spaces

Funding Insights of Assert AI

Assert AI has successfully raised a total of $7.12M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in April 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.

Investors in Assert AI

Assert AI has secured backing from 4 investors, including institutional and angel investors. Prominent investors backing the company include Arya.ag, Prashant Purker and Shalabh.

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Institutional
Angel
Investor Description Founded Year Domain Location
Comprehensive post-harvest platform integrating warehousing, logistics, and financing is provided.
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Prashant Purker

Angel investor, ex-MD of ICICI Venture, focused on early-stage startups
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Shalabh

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Investor details for Assert AI

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Investments & Acquisitions by Assert AI

Investments
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Investment portfolio details for Assert AI

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Financial Statements - Assert AI

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Assert Ai Comparisons

Assert AI Primary company
Description
AI and SaaS-based video analytics solutions
Location
Mumbai, India
Founded Year
2018
Annual Revenue
$695.94 K (USD)
Net Profit
-$539.66 K (USD)
EBITDA
-$553.48 K (USD)
Employees
52
As of 2024
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Peer comparison for Assert AI

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Competitors of Assert AI

Assert AI 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 Chooch, Ambarella, IntelliFusion, SenseTime and Nymi, among others.

Company Name Domain Founded year HQ Location Description
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Generative computer vision solutions are offered for video stream analysis.
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AI-enabled image processors are manufactured for ADAS and security applications.
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Provider of AI and cloud-based vision processing units for video analytics applications
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AI based platform offering image recognition solutions
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Biometric authentication is provided via wearable wristband technology.
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Drone data management and analysis solutions are provided for enterprises.
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Detailed competitors of Assert AI

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Latest news on Assert Ai

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Frequently Asked Questions about Assert AI

Assert AI was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Assert AI is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Job Philip is the current CEO of Assert AI. They have also founded this company.

Assert AI is a funded company, having raised a total of $7.12M across 3 funding rounds to date.

As of Apr 07, 2024, the latest employee count at Assert AI is 52.

Annual revenue of Assert AI is $695.94K as on Mar 31, 2023.

Assert AI was established in 2018 in Mumbai, India, within the AI and software-as-a-service sector. Video analytics solutions are offered, including toolkits for facial recognition, object detection, health and safety compliance, security, footfall monitoring, bay analytics, productivity, drone-based AI, and gesture or emotion analytics. Computer vision technology is utilized to convert existing cameras into intelligent devices, facilitating real-time operational insights across operations.

Assert AI's top competitors include Ambarella, Chooch and SenseTime.

Assert AI offers Pratham Alpha, Health and Safety Management System, Quality Management Solutions, and Guest Experience Solutions.

Assert AI has 4 investors. Key investors include Arya.ag, Prashant Purker, Shalabh, and Ramesh Hariharan.

The valuation of Assert AI is $9.59M as of Oct 2022.

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