# Invisible AI

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

- Industry: Hardware
- Headquarters: San Francisco, US
- Website: www.invisible.ai
- Total disclosed funding: $19M
- Latest round: Series A (Sep 28, 2022)
- Investors on record: 8

## About

Invisible AI Inc. develops advanced visual intelligence technologies that enhance operational efficiency in manufacturing through real-time analysis of human motion and objects on the factory floor.Invisible AI Inc. was founded in 2018 and is headquartered in San Francisco, US. The company specializes in visual intelligence solutions for the manufacturing sector, focusing on real-time analysis of factory activities. Prateek Sachdeva, the founder, has a background that includes previous entrepreneurial ventures. The firm has raised a total of USD 15.00 mn through 3 funding rounds, with its most recent Series A round totaling USD 15.00 mn on September 28, 2022, led by Van Tuyl Group, Inc. and supported by investors such as 8VC and K9 Ventures. The current company valuation stands at USD 61.08 mn.Invisible AI specializes in advanced visual intelligence technologies for the manufacturing sector, focusing on real-time analysis of human motion and factory objects. Its core offering is a patented AI vision platform that employs NVIDIA-powered AI chipsets and synchronized depth-sensing cameras to optimize operational efficiency. Notable functionalities include ergonomics monitoring, forklift tracking, incident root-cause analysis, and AI-driven time studies. The platform integrates seamlessly with existing PLC and MES datasets, serving customers predominantly in the automotive industry, including Toyota Motor North America, with an expanding geographical presence in North America and beyond.Invisible AI generates revenue through B2B transactions with manufacturing firms, offering an on-premise solution for real-time operational feedback. The typical business model involves subscriptions for the AI vision platform, where clients pay for camera deployment and associated software services. Each installation contributes significantly to efficiency gains, with a return on investment of 3-5 times. The pricing structure reflects the value in enhanced productivity and reduced downtime, where preventing a minute of downtime could save clients USD 1,000. The company's solutions are designed for long-term partnerships aimed at improving manufacturing processes and minimizing operational costs.Following the Series A funding of USD 15.00 mn in September 2022, Invisible AI plans to expand its team and accelerate its platform for both existing and new customers. The company aims to develop additional products to enhance its offerings and is targeting expansion into new geographic markets to increase its footprint in the manufacturing sector. Specific timelines for new product releases and market expansions will be defined as the company leverages its recent funding to support these initiatives.

## Funding rounds

- Series A, Sep 28, 2022, $15M — Sierra Ventures, K9 Ventures, 8VC, FM Capital, Van Tuyl Group, Inc., Vest Coast Capital
- Seed, May 6, 2020, $3.6M — Sierra Ventures, K9 Ventures, Slow, iRobot Ventures, 8VC
- Seed, Jan 1, 2019, $0.5M — K9 Ventures

## Investors

- K9 Ventures (https://capitalatlas.ai/funds/k9-ventures) — Seed, Series A
- Sierra Ventures (https://capitalatlas.ai/funds/sierra-ventures) — Seed, Series A
- Slow (https://capitalatlas.ai/funds/slow) — Seed
- iRobot Ventures (https://capitalatlas.ai/funds/irobot-ventures) — Seed
- 8VC (https://capitalatlas.ai/funds/8vc) — Seed, Series A
- FM Capital (https://capitalatlas.ai/funds/fm-capital) — Series A
- Van Tuyl Group, Inc. — Series A
- Vest Coast Capital (https://capitalatlas.ai/funds/vest-coast-capital) — Series A