RecogX

Noida, India Founded: 2018 • Age: 8 yrs
Face recognition technologies are provided via APIs for multiple industries.

About RecogX

RecogX is a Technology company based in Noida (India) founded in 2018 by Harish Kumar and Deepak Sharma. It operates as a face recognition technologies are provided via APIs for multiple industries. It operates in the Technology, Industrial Goods & Manufacturing, and Financial Services sectors. RecogX has raised $27.47 thousand across 1 funding round from investors including IIM Lucknow Enterprise Incubation Center and Harish Kumar. RecogX was last valued at $661.24 thousand in January 2020. Its chief executive is Harish Kumar. Its Indian entity Alen Turing Systems Private Limited reported revenue of β‚Ή38.3 Lakh. Its focus areas include High Tech, Computer Vision, Industry Agnostic Applications and Image Recognition. Its competitors include Megvii, Unico, Chooch, Evrotrust and Oosto and 2 more; 6 of its 7 listed competitors have raised funding.

Company details

RecogX was founded in 2018 and is based in Noida, India. Face recognition, identification, and verification solutions are offered through an API that utilizes computer vision and machine learning. These capabilities are applied to videos, photos, and real-time streams. Services are directed toward sectors such as retail, banking, government, law enforcement, and transportation.

  • Headquarters Noida, India
  • Founders Harish Kumar, Deepak Sharma
  • Sectors
    Technology
    Industrial Goods & Manufacturing Financial Services
  • Email
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  • Phone
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  • Website recogx.ai
  • Social LinkedIn
  • Legal Name Alen Turing Systems Private Limited
  • Date of Incorporation 20 Feb, 2019
  • Jurisdiction Faridabad, Haryana, India
Key Metrics
  • Annual Revenue
    ₹38.3 Lakh

    FY 2024 · -11% YoY

  • Net Loss
    -₹14.7 Lakh

    FY 2024 · -38% margin

  • EBITDA
    -₹12.9 Lakh

    FY 2024 · -34% margin

  • Total Equity Funding
    $27.47K (USD)

    in 1 rounds

  • Latest Funding Round
    $27.47K (USD), Seed

    Jan 2020

  • Investors

Funding Insights of RecogX

RecogX has successfully raised a total of $27.47K through 1 strategic funding round. The most recent funding activity was a Seed round of $27.47 thousand completed in January 2020. 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 $27,474
  • Total Rounds 1
  • Last Round Seed β€” $27,474
  • First Round $27,474

    (Jan 2020)

  • Investors Count 2

All 1 funding rounds of RecogX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2020$27,474Seed$661,240IIM Lucknow Enterprise Incubation Center
Valuation history

Last known valuation $661,240 (Jan 2020). 2 investors in total: 1 institutional and 1 angel.

Investors in RecogX

RecogX has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include IIM Lucknow Enterprise Incubation Center and Harish Kumar.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Incubation and support for startups in education and technology sectors in Noida.
2011iimlincubator.comNoida, India

Harish Kumar

Angel investor and entrepreneur, focusing on tech startups in India.
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Investor details for RecogX

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Board of directors of Alen Turing Systems Private Limited (RecogX)

Alen Turing Systems Private Limited is the primary company behind RecogX. The board of Alen Turing Systems Private Limited currently have 3 directors; the longest-serving is Deepak Sharma, appointed in 2019.

DirectorDesignationAppointedTenureEntity
Deepak Sharma
DIN 06986130
Director20 Feb 20197 yrs 7 moAlen Turing Systems Private Limited
Harish Kumar
DIN 07394600
Director20 Feb 20197 yrs 7 moAlen Turing Systems Private Limited
Manisha Harish Kumar
DIN 07394606
Additional Director01 Mar 20224 yrs 7 moAlen Turing Systems Private Limited

People of RecogX

2 people are tracked at RecogX (2 in leadership).

NameRoleGroup
Co-Founder & CEOLeadership
Co-Founder & COOLeadership
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Financials of RecogX

Figures of Alen Turing Systems Private Limited, the primary company behind RecogX, for FY 2024. Revenue was ₹38.3 Lakh (-11% year on year). Net loss was -₹14.7 Lakh (-38% margin). EBITDA was -₹12.9 Lakh (-34% margin). Revenue has grown at a compounded annual rate of -8% over three years.

  • ₹38.3 LakhRevenue · FY 2024 · -11% YoY
  • -₹14.7 LakhNet loss · -38% margin
  • -₹12.9 LakhEBITDA · -34% margin
  • ₹1 LakhPaid-up capital
  • -8%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Alen Turing Systems Private Limited are on its company page.

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Detailed financial statements for RecogX

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Timeline of RecogX

2 dated milestones of RecogX across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded RecogX is founded.
  2. Funding First funding round of $27K.

Competitors of RecogX

RecogX has 7 listed competitors in our database, 6 of them funded. They include Megvii, Unico, Chooch, Evrotrust and Oosto, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
megvii.com2011Beijing, China$1.98B–
Facial recognition and AI video analysis solutions are provided.
unico.io2007Sao Paulo, Brazil$337.34M–
Digital identity solutions company providing facial biometrics and digital admission solutions
chooch.com2015San Mateo, United States$42.91M–
Generative computer vision solutions are offered for video stream analysis.
evrotrust.com2015Sofia, Bulgaria$13.83M–
AI-based identity verification and electronic signing are provided for businesses.
oosto.com2015Holon, Israel$352M–
AI-powered video analytics systems are provided for security and operations.
idemia.com2007Courbevoie, France–1,145
Provider of biometric and cryptographic solutions for secure transactions and identity
iproov.com2011London, United Kingdom$85.13M169
Biometric solutions for online identity verification are provided.
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Detailed competitors of RecogX

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  • Operating metrics
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Top companies in AI Core Platforms & Infrastructure

10 companies that operate in the same segment as RecogX (AI Core Platforms & Infrastructure), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Photo editing and sharing apps are developed by Meitu.
2008Xiamen, Fujian, ChinaUSD 525 MUSD 536.99 M719
Platform that provides data analysis and management solutions
2003Denver, Colorado, United StatesUSD 2.46 BUSD 2.87 B5,915
OpenAI is engaged in developing advanced artificial intelligence technologies.
2015San Francisco, California, United StatesUSD 180.07 B–11,115
AI-based system-on-chips are developed for advanced driver assistance systems.
1999Jerusalem, Jerusalem District, IsraelUSD 530 MUSD 1.89 B3,820
AI models and chatbots are offered for industry applications.
2021San Francisco, California, United StatesUSD 132.31 B–6,146
AI and SaaS-based self-driving solutions for autonomous vehicles are provided.
2017Mountain View, California, United StatesUSD 692.62 MUSD 3 M2,619
AI-based conversational solutions are provided for user interactions and learning.
2021Menlo Park, California, United StatesUSD 193 M–325
Analytics and digital solutions for healthcare and banking are provided.
1999New York, New York, United StatesUSD 10 MUSD 2.09 B59,500
Provider of AI-based drone surveillance solutions for defense and maritime sector
2017Orange, California, United StatesUSD 11.29 B–9,670
Citation-based AI answer engine with real-time sourcing is operated.
2022San Francisco, California, United StatesUSD 1.72 B–1,401
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Frequently Asked Questions about RecogX

RecogX was founded in 2018 and raised its 1st funding round 2 years after it was founded.

RecogX is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

Harish Kumar is the current CEO of RecogX. They have also founded this company.

RecogX is a funded company, having raised a total of $27.47K across 1 funding round to date. The company's 1st funding round was a Seed of $27.47K, raised on Jan 2020.

The primary company behind RecogX, Alen Turing Systems Private Limited, reported revenue of β‚Ή38.3 Lakh for FY 2024, down 11% year on year.

RecogX was founded in 2018 and is based in Noida, India. Face recognition, identification, and verification solutions are offered through an API that utilizes computer vision and machine learning. These capabilities are applied to videos, photos, and real-time streams. Services are directed toward sectors such as retail, banking, government, law enforcement, and transportation.

RecogX's top competitors include Megvii, iProov and Evrotrust.

RecogX has 2 investors. Key investors include IIM Lucknow Enterprise Incubation Center, and Harish Kumar.

The valuation of RecogX is $661.24K as of Jan 2020.

RecogX operates through Alen Turing Systems Private Limited.

The legal entities of RecogX currently have 3 directors, including Deepak Sharma, Harish Kumar, Manisha Harish Kumar.

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