# Deep North

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

- Industry: Software
- Headquarters: Foster City, US
- Website: www.deepnorth.com
- Total disclosed funding: $31M
- Latest round: Series A (May 28, 2021)
- Investors on record: 6

## About

Deep North, Inc. specializes in transforming on-site cameras into AI-powered data hubs, providing businesses with valuable real-time analytics and insights to enhance operational efficiency and customer experiences.Founded in 2016, Deep North, Inc. is based in Foster City, US. The company offers an AI-driven computer vision platform designed to optimize on-site intelligence for various industries. Rohan Sanil serves as both the CEO and Founder, leading the company through its growth phases. In May 2021, Deep North raised USD 5.10 million in Series A funding, co-led by Celesta Capital and Yobi Partners, with support from Conviction Investment Partners Limited. The total amount raised by the company to date is USD 5.10 million, and its current valuation stands at USD 75.18 million.Deep North, Inc.'s core offerings revolve around an AI-powered computer vision platform that enhances on-site intelligence for businesses. This advanced platform converts existing cameras into data hubs, delivering real-time analytics to improve customer engagement and operational workflows. The technology is used for tracking visitor behaviors, analyzing employee performance, and identifying security threats. Their clientele includes retail stores, commercial properties, government agencies, and event organizers, primarily in North America, Europe, and Asia.Deep North generates revenue mainly through subscription models and partnerships with resellers, system integrators, and technology partners. Their revenue structure includes tiered pricing for access to their analytics platform, which offers ongoing updates and support. The company's flagship products operate on a subscription basis, allowing clients continuous access to AI-driven retail intelligence and security solutions. Collaborations through their Channel Partner & Referral Program enhance revenue opportunities by leveraging shared resources and co-marketing initiatives, catering to both B2B and direct-to-consumer applications.Following the Series A funding round in May 2021, which raised USD 5.10 million, Deep North, Inc. plans to use this capital to hire and expand its services at scale. The company aims to design and launch new products while exploring expansion into new markets, specifically targeting additional regions in North America and Europe by 2023. This strategic move is aimed at broadening its footprint and increasing its market share in the AI-driven analytics landscape.

## Funding rounds

- Series A, May 28, 2021, $5.1M — Celesta Capital, Conviction VC, Yobi Partners
- Series A, Mar 12, 2020, $26M — Tech Square Ventures, Celeres Investments, AI List Capital

## Investors

- Tech Square Ventures (https://capitalatlas.ai/funds/tech-square-ventures) — Series A
- Celeres Investments (https://capitalatlas.ai/funds/celeres-investments) — Series A
- AI List Capital (https://capitalatlas.ai/funds/ai-list-capital) — Series A
- Celesta Capital (https://capitalatlas.ai/funds/celesta-capital) — Series A
- Conviction VC (https://capitalatlas.ai/funds/conviction-vc) — Series A
- Yobi Partners (https://capitalatlas.ai/funds/yobi-partners) — Series A