# Actuate

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/actuate

- Industry: Software
- Headquarters: New York, US
- Website: www.actuate.ai
- Total disclosed funding: $20M
- Latest round: Series B (Aug 14, 2024)
- Investors on record: 9

## About

Founded in 2017 by Sonny Tai and Benjamin Ziomek, and based in New York, US, Aegis Systems Inc., doing business as Actuate, develops a software platform that delivers artificial intelligence-based security systems that forewarn occupants on fire and safety hazards.  In August 2024, Aegis Systems Inc. raised USD 11.5 million in venture funding led by Gray Line Partners, with participation from Tribeca Venture Partners, Bling Capital, Tensility Venture Partners, and Upside Partnership.

Actuate AI provides AI-based video analytics solutions that integrate with existing infrastructure to offer advanced security features, including gun detection, intruder detection, loitering detection, and crowd detection. Actuate’s solutions are applicable across various industries such as schools, hospitals, construction sites, and public spaces. The company also offers beta products like camera health monitoring and false positive reduction. Actuate’s technology is cloud-based, with hosting provided by Amazon Web Services (AWS) and Azure for robust cybersecurity.

The company intends to use the August 2024 funding to expand its market reach and improve research and development efforts.

## Funding rounds

- Series B, Aug 14, 2024, $10M — Tribeca Venture Partners, Upside Partnership, Tensility Venture Partners, Bling Capital, Gray Line Partners
- Series A, Apr 29, 2021, $8M — OCA Ventures, Tribeca Venture Partners, Upside Partnership, Tensility Venture Partners, Bling Capital, Scribble Ventures, Context Ventures
- Seed, Jun 15, 2019, $2.2M — Upside Partnership, Tensility Venture Partners, Bling Capital
- Seed, Nov 1, 2018, $0.3M — MetaProp

## Investors

- MetaProp (https://capitalatlas.ai/funds/metaprop) — Seed
- Upside Partnership (https://capitalatlas.ai/funds/upside-partnership) — Seed, Series A, Series B
- Tensility Venture Partners (https://capitalatlas.ai/funds/tensility-venture-partners) — Seed, Series A, Series B
- Bling Capital (https://capitalatlas.ai/funds/bling-capital) — Seed, Series A, Series B
- OCA Ventures (https://capitalatlas.ai/funds/oca-ventures) — Series A
- Tribeca Venture Partners (https://capitalatlas.ai/funds/tribeca-venture-partners) — Series A, Series B
- Scribble Ventures (https://capitalatlas.ai/funds/scribble-ventures) — Series A
- Context Ventures — Series A
- Gray Line Partners (https://capitalatlas.ai/funds/gray-line-partners) — Series B