# CyberLabs Ai

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

- Industry: Software
- Headquarters: Rio de Janeiro, Brazil
- Website: www.cyberlabs.ai
- Total disclosed funding: $5.2M
- Latest round: Seed (Aug 25, 2020)
- Investors on record: 1

## About

Established in 2017 by CEO Mr. Marcelo Sales, and based in Rio De Janeiro, Brazil, CyberLabs Ai is an AI, Robotics, and IoT solutions platform focusing on artificial intelligence and computer vision. In 2020, CyberLabs Ai raised BRL 28.5 million in Seed funding led by new investor Redpoint Ventures. In 2021, the company merged with PSafe, resulting in the new company being called as CyberLabs Group currently operating in Brazil and the US. 

The company’s product includes InSight Now, an image interpretation platform that performs people-counting at every moment and issues alerts and instant updates. InSight Now also provides insights for cameras that identity a gathering of people thereby enabling users to derive solutions to contain coronavirus. InSight Now also enables insights for smart cities, supermarkets, and drug stores while capturing images from any device and interprets them in CyberLab’s artificial intelligence systems thereby providing API to enable systems integration. 

Additionally, CyberLabs also provides KeyApp, an access app that enables the clients to monitor the entry, exit, and movement of employees and suppliers in the company’s physical space; and Cybervox, a voice solution platform that uses deep learning techniques for synthesis, transcription, and identification of voices in Brazilian Portuguese. 

The company plans on utilizing the Seed funding to enhance its AI-geared products through research and development. Post the merger with PSafe, CyberLabs Group comprising of CyberLabs Ai plans to invest in the B2B sector, that is, negotiations with other companies to offer protection services especially to small and medium-sized businesses. The new group expects a turnover of BRL 100 million in 2021 while expanding its presence in the Latin American SaaS cybersecurity company market.

## Funding rounds

- Seed, Aug 25, 2020, $5.2M — Redpoint eVentures

## Investors

- Redpoint eVentures (https://capitalatlas.ai/funds/redpoint-eventures) — Seed