About Deeplite
Deeplite is a company based in Montreal (Canada) founded in 2018 by Ehsan Saboori and Davis Sawyer was acquired by STMicroelectronics in April 2025. 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. Deeplite operates in a competitive market with competitors including Kolena, Distributional, Openlayer, Autonomize and Anima, among others.
- Headquarter Montreal, Canada
- Founders Ehsan Saboori, Davis Sawyer
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$6 M (USD)
in 1 rounds
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Latest Funding Round
$6 M (USD), Seed
Apr 07, 2021
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Investors
STMicroelectronics
& 7 more
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Employee Count
Not available
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Acquired by
STMicroelectronics
(Apr 23, 2025)
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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.
People of Deeplite
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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.
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.
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Seed and early-stage investments in US tech sectors are made.
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Early-stage investments are provided in data-driven B2B tech companies.
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Boston-based startups are funded by Innospark Ventures across all stages.
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Investor details for Deeplite
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Deeplite
Investment portfolio details for Deeplite
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- Transaction dates
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Financial Statements - Deeplite
Detailed financials for Deeplite
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Deeplite Comparisons
Peer comparison for Deeplite
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Competitors of Deeplite
Deeplite 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 Kolena, Distributional, Openlayer, Autonomize and Anima, among others.
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ML model testing platform for NLP, LLMs, computer vision, and structured data
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AI technologies are tested and evaluated via a dedicated platform.
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AI evaluation and observability platform is provided for enterprise applications.
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AI software for drug discovery and trial management is offered.
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Automated UI/UX prototyping is enabled through a cloud-based platform.
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AI validation tools and methods are developed for trustworthy systems.
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Detailed competitors of Deeplite
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Verified entity values are shown only after access is granted.
Latest news on 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.
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's top competitors include Distributional, Openlayer and Autonomize.
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.