About Deeplite
Deeplite is a Technology company based in Montreal (Canada) founded in 2018 by Ehsan Saboori and Davis Sawyer, and was acquired by STMicroelectronics in April 2025. AI-driven deep neural network optimizer is developed for edge devices. Deeplite has raised $6 million across 1 funding round from investors including STMicroelectronics, Desjardins and Smart Modular Technologies. Deeplite offers products and services including Deeplite Studio, Models-as-a-Service, and YOLO-D. Its focus areas include High Tech, AI Infrastructure, Enabling Technologies and Software.
Company details
Founded in 2018 in Montreal, Canada, Deeplite operates in the artificial intelligence sector, focusing on deep neural network optimization for embedded systems and edge devices. An API-integrated tool, known as Neutrino, is offered to automate model optimization through multi-objective design space exploration. Low-precision weights are utilized via algorithms that configure optimal precision across networks, meeting computation constraints for real-time applications. The company was incubated by TandemLaunch.
- Headquarters Montreal, Canada
- Founders Ehsan Saboori, Davis Sawyer
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website deeplite.ai
- Social LinkedIn X YouTube
- Acquired by STMicroelectronics (Apr 2025)
- Total Equity Funding$6M (USD)
in 1 rounds
- Latest Funding Round$6M (USD), Seed
Apr 2021
- InvestorsSTMicroelectronics
& 7 more
- Acquired bySTMicroelectronics
(Apr 2025)
Products & Services of Deeplite
Deeplite offers a comprehensive portfolio of products and services, including Deeplite Studio, Models-as-a-Service, and YOLO-D.
End-to-end platform for deploying optimized AI models to processors.
Service creating bespoke optimized models for AI processors.
Family of models for real-time object detection and segmentation.
Apps and channels of Deeplite
its YouTube channel Deeplite AI has 51.3K subscribers and 12 videos.
Videos from Deeplite
The most watched videos on Deeplite's YouTube channel, Deeplite AI (51.3K subscribers). Click a video to play it here.
More on Deeplite AI.
Funding Insights of Deeplite
Deeplite has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Seed round of $6 million completed in April 2021. 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 $6M
- Total Rounds 1
- Last Round Seed — $6M
- First Round $6M
(Apr 2021)
- Investors Count 7
All 1 funding rounds of Deeplite with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2021 | $6M | Seed | – | PJC |
8 investors in total: 7 institutional and 1 angel.
Investors in Deeplite
Deeplite has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include STMicroelectronics, Desjardins and Smart Modular Technologies.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed and early-stage investments in US tech sectors are made. | pjc.vc | Boston, United States | ||
Early-stage investments are provided in data-driven B2B tech companies. | differential.vc | New York, USA | ||
Boston-based startups are funded by Innospark Ventures across all stages. | innosparkventures.com | Boston, United States | ||
Manufacturer of non-volatile memory solutions | 1985 | smartm.com | Newark, United States | |
Commercial banking services for small and medium-sized enterprises are provided. | 1944 | bdc.ca | Montreal, Canada | |
Financial services are provided cooperatively to members in Canada. | 1900 | desjardins.com | Levis, Canada | |
Diverse semiconductor manufacturers | 1987 | st.com | Geneva, Switzerland | |
AS Ajay Shah | Angel investor and entrepreneur, co-founder of Indifi, focused on fintech innovation | unknown_b688cf106eba4ca59 |
Investor details for Deeplite
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of Deeplite
7 people are tracked at Deeplite (3 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Ehsan Saboori | Co-Founder | Leadership |
Davis Sawyer | Co-Founder | Leadership |
Nick Romano | Co-Founder, CEO | Leadership |
Nick Ushio | Business Development | Team |
Yasser Idris | Principal Software Engineer | Team |
Ahmed Hassanien | Applied Research Scientist | Team |
Olivier Mastropietro | Machine Learning Lead | Team |
Complete people profiles for Deeplite
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Deeplite
3 dated milestones of Deeplite across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Deeplite is founded.
- Funding First funding round of $6.0M.
- Exit Acquired by STMicroelectronics.
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Related news about Deeplite
Complete news archive for Deeplite
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Frequently Asked Questions about Deeplite
Deeplite was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Deeplite is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Deeplite is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Seed of $6M, raised on Apr 2021.
Founded in 2018 in Montreal, Canada, Deeplite operates in the artificial intelligence sector, focusing on deep neural network optimization for embedded systems and edge devices. An API-integrated tool, known as Neutrino, is offered to automate model optimization through multi-objective design space exploration. Low-precision weights are utilized via algorithms that configure optimal precision across networks, meeting computation constraints for real-time applications. The company was incubated by TandemLaunch.
Deeplite offers Deeplite Studio, Models-as-a-Service, and YOLO-D.
Deeplite has 8 investors. Key investors include STMicroelectronics, Desjardins, Smart Modular Technologies, BDC, and PJC.
Yes. Deeplite was acquired by STMicroelectronics in April 2025.