# 214 Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/214-technologies

- Industry: Software
- Headquarters: Los Angeles, US
- Website: www.trueface.ai
- Total disclosed funding: $5M
- Latest round: Series A (Jul 31, 2019)
- Investors on record: 3

## About

214 Technologies Inc. enhances operational safety and intelligence through advanced machine learning and AI solutions, specializing in facial recognition and camera data analysis for diverse markets worldwide.214 Technologies Inc. was founded in 2013 and is headquartered in Los Angeles, US. The company specializes in AI-driven solutions for camera data analysis. In June 2021, PRE, LLC, a portfolio company of AE Industrial Partners, acquired 214 Technologies Inc. from Advantage Ventures, Lavrock Ventures, and Scout Ventures for undisclosed terms. The founder, Nezare Chafni, has a history of involvement in technology ventures. The company has completed a total of 3 deals, with its latest funding round being a Series A amounting to USD 3.70 mn, led by Lavrock Ventures, bringing the total amount raised to USD 3.70 mn.214 Technologies Inc.'s Trueface provides advanced machine learning and AI solutions designed to enhance safety and operational intelligence through camera data analysis. Their core products include a suite of Software Development Kits (SDKs) and dockerized container solutions for facial recognition, object detection, and spoof mitigation technologies, aimed at environments requiring high security and efficiency like airports, stadiums, and enterprise facilities. Trueface caters to a diverse clientele, including government agencies, commercial businesses, and security firms across the US and Europe, and offers flexible deployment options for seamless integration.Revenue for 214 Technologies Inc.'s Trueface is generated through subscription-based models and contracts with government and business entities. Clients typically engage in agreements tailored to their operational needs, with pricing based on usage and integration scope. Key offerings include identity verification technologies vital for real-time security assessments, fostering long-term client relationships through consistent engagement and support throughout the solution lifecycle.The recent acquisition in June 2021 will enable 214 Technologies Inc. to enhance its offerings under PRE, LLC, supporting the goal of providing a more personalized travel experience. The integration of 214 Technologies Inc.’s capabilities will create a comprehensive solution for federal and commercial enterprises. Future plans may involve designing additional products and expanding into new geographical markets, although specific details on upcoming releases or target regions have not been disclosed.

## Funding rounds

- Series A, Jul 31, 2019, $3.7M — Scout Ventures, Lavrock Ventures, Advantage Ventures
- Seed, Aug 7, 2018, $1.3M — Scout Ventures

## Investors

- Scout Ventures (https://capitalatlas.ai/funds/scout-ventures) — Seed, Series A
- Lavrock Ventures (https://capitalatlas.ai/funds/lavrock-ventures) — Series A
- Advantage Ventures (https://capitalatlas.ai/funds/advantage-ventures) — Series A