About Lexset
Lexset is a company based in Brooklyn (United States) founded in 2017 by Francis Bitonti and Azam Khan.. Lexset has raised $705 thousand across 2 funding rounds. Lexset offers products and services including Seahaven and Advanced Computer Vision AI. Lexset operates in a competitive market with competitors including Marxent, Streem, Cylindo, Bristles and Innersense, among others.
- Headquarter Brooklyn, United States
- Founders Francis Bitonti, Azam Khan
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Sectors
TechnologyRetail Consumer
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Email
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Phone
*********
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Website
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Social
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- Legal Name Lexset.Ai Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$705 K (USD)
in 2 rounds
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Latest Funding Round
$120 K (USD), Seed
Feb 27, 2019
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Investors
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Employee Count
Employee Count
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Products & Services of Lexset
Lexset offers a comprehensive portfolio of products and services, including Seahaven and Advanced Computer Vision AI. 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.
Platform for training and deploying computer vision models via simulation.
Tools for real-time analytics in security, manufacturing, and defense.
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Funding Insights of Lexset
Lexset has successfully raised a total of $705K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $120 thousand completed in February 2019. 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 Total Funding
- Total Rounds 2
- Last Round Seed — $120,000
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First Round
First Round
(26 Apr 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2019 | Amount | Seed - Lexset | Valuation |
investors |
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| Apr, 2018 | Amount | Seed - Lexset | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
investors |
Investments & Acquisitions by Lexset
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lexset
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
investors |
Lexset Comparisons
Competitors of Lexset
Lexset 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 Marxent, Streem, Cylindo, Bristles and Innersense, 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 |
Cloud-based virtual trial solutions are offered for home improvement visualization.
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| domain | founded_year | HQ Location |
Home maintenance services are offered through innovative technology by Streem.
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| domain | founded_year | HQ Location |
Furniture visualization software is provided for retailers and commerce.
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| domain | founded_year | HQ Location |
An AI-powered tool for visualizing home decor mock-ups is provided.
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| domain | founded_year | HQ Location |
AR solutions for viewing home improvement products are offered.
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| domain | founded_year | HQ Location |
AR-based configuration and visualization tools for furnishing products are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lexset
Frequently Asked Questions about Lexset
When was Lexset founded?
Lexset was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Lexset located?
Lexset is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Who is the current CEO of Lexset?
Francis Bitonti is the current CEO of Lexset. They have also founded this company.
Is Lexset a funded company?
Lexset is a funded company, having raised a total of $705K across 2 funding rounds to date. The company's 1st funding round was a Seed of $585K, raised on Apr 26, 2018.
What does Lexset do?
Lexset provides patented AI-based tools enabling context-sensitive spatial search for design solutions, products and assembly processes using artificial intelligence and augmented reality. The company offers four tools namely LexSight, LexGuide, LexTile, and LexSemble. LexSight enables spatial search using images that users have taken with their smartphone and provides product suggestions based on items they have in their home. LexGuide succedes LexSight by providing a catalog of offerings from different retailers. LexTile allows the user to visualize tile in real space thereby helping them make a better evaluation before purchasing. LexSemble is a DIY tool for making furniture in augmented reality. The company is a part of Intellectual Ventures incubator program, Invention Science Fund.
Who are the top competitors of Lexset?
What products or services does Lexset offer?
Lexset offers Seahaven and Advanced Computer Vision AI.
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