About Jemsoft
Jemsoft is a Technology company based in Adelaide (Australia) founded in 2013, and was acquired by Xped in May 2017. It operates as a computer vision technologies are developed and provided via trainable APIs. The company was acqui-hired. Its focus areas include High Tech, Native AI Infrastructure, Computer Vision and Computer Vision Platform. Its legal entity is Jemsoft Pty Ltd. Its competitors include Scandit, Chooch, Silo.AI, Figure Eight and 8th Wall and 5 more; 10 of its 10 listed competitors have raised funding.
Company details
Jemsoft was founded in 2013 in Adelaide, Australia, where computer vision technologies are developed. The Monocular API is offered as a user-trainable solution, available in cloud-based or localized formats on a private key basis. Computer vision hubs, including Thin Client and Localised Logic, are also provided. An award for Startup Adelaide Startup Company of the Year was received in 2015.
- Headquarters Adelaide, Australia
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website jemsoft.co
- Social LinkedIn X
- Acquired by Xped (May 2017)
- Legal Name Jemsoft Pty Ltd
Funding Insights of Jemsoft
- Total Rounds 1
- Last Round Grant — $50,000
- First Round $50,000
(Nov 2014)
All 1 funding rounds of Jemsoft 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 |
|---|---|---|---|---|---|
| Nov 2014 | $50,000 | Grant | – | – | – |
1 investors in total: 1 institutional.
Investors in Jemsoft
Jemsoft has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Xped.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Hardware and software connectivity solutions for IoT applications are provided. | 2006 | xped.com | Melbourne, Australia |
Investor details for Jemsoft
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Timeline of Jemsoft
3 dated milestones of Jemsoft across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Jemsoft is founded.
- Funding First funding round of $50K.
- Exit Acquired by Xped.
Competitors of Jemsoft
Jemsoft has 10 listed competitors in our database, 10 of them funded. They include Scandit, Chooch, Silo.AI, Figure Eight and 8th Wall, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| scandit.com | 2009 | Zurich, Switzerland | $273.1M | – | Provider of SDK for smart data capture from barcodes, files, and IDs | |
| chooch.com | 2015 | San Mateo, United States | $42.91M | – | Generative computer vision solutions are offered for video stream analysis. | |
| silo.ai | 2017 | Helsinki, Finland | $11.21M | – | Provider of customized AI-powered solutions | |
| figure-eight.com | 2007 | San Francisco, United States | $56.9M | 228 | Offers AI training data, annotation, and services for enterprise AI development. | |
| 8thwall.com | 2016 | Palo Alto, United States | $10.4M | 29 | A platform for developing web-based augmented reality experiences is offered. | |
| mighty.ai | 2014 | Seattle, United States | $27.25M | 78 | Training data for computer vision and AI models is supplied. | |
| yitutech.com | 2012 | Xuhui, China | $385.07M | – | AI-based decision intelligence platforms are provided for multiple sectors. | |
| cogniac.ai | 2015 | San Jose, United States | $45.79M | 37 | AI-based platform is utilized for managing visual operations in businesses. | |
| activeloop.ai | 2018 | Mountain View, United States | $17.82M | 4 | Provider of solutions to train machine learning models | |
| crowdai.com | 2016 | Mountain View, United States | $18.35M | 47 | Provider of image annotation solutions for autonomous vehicle, drones & satellite images |
Detailed competitors of Jemsoft
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Top companies in AI Core Platforms & Infrastructure
10 companies that operate in the same segment as Jemsoft (AI Core Platforms & Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 719 | |
Platform that provides data analysis and management solutions | 2003 | Denver, Colorado, United States | USD 2.46 B | USD 2.87 B | 5,915 | |
OpenAI is engaged in developing advanced artificial intelligence technologies. | 2015 | San Francisco, California, United States | USD 180.07 B | – | 11,115 | |
AI-based system-on-chips are developed for advanced driver assistance systems. | 1999 | Jerusalem, Jerusalem District, Israel | USD 530 M | USD 1.89 B | 3,820 | |
AI models and chatbots are offered for industry applications. | 2021 | San Francisco, California, United States | USD 132.31 B | – | 6,146 | |
AI and SaaS-based self-driving solutions for autonomous vehicles are provided. | 2017 | Mountain View, California, United States | USD 692.62 M | USD 3 M | 2,619 | |
AI-based conversational solutions are provided for user interactions and learning. | 2021 | Menlo Park, California, United States | USD 193 M | – | 325 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 | |
Provider of AI-based drone surveillance solutions for defense and maritime sector | 2017 | Orange, California, United States | USD 11.29 B | – | 9,670 | |
Citation-based AI answer engine with real-time sourcing is operated. | 2022 | San Francisco, California, United States | USD 1.72 B | – | 1,401 |
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Frequently Asked Questions about Jemsoft
Jemsoft was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Jemsoft is headquartered in Adelaide, Australia. It is registered at Adelaide, South Australia, Australia.
Jemsoft was founded in 2013 in Adelaide, Australia, where computer vision technologies are developed. The Monocular API is offered as a user-trainable solution, available in cloud-based or localized formats on a private key basis. Computer vision hubs, including Thin Client and Localised Logic, are also provided. An award for Startup Adelaide Startup Company of the Year was received in 2015.
Jemsoft has 1 investor. Key investors include Xped.
Jemsoft operates through Jemsoft Pty Ltd.
Yes. Jemsoft was acquired by Xped in May 2017.