# KITOV Systems

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

- Industry: Business Support Services
- Headquarters: Petah Tikva, Israel
- Website: www.kitovsystems.com
- Total disclosed funding: $10M
- Latest round: Series A (Oct 10, 2018)
- Investors on record: 2

## About

KITOV Systems develops advanced AI-based visual inspection software that enhances quality control in manufacturing. Its solutions integrate seamlessly into existing systems, ensuring high accuracy and efficiency in defect detection.Founded in 2014 in Petah Tikva, Israel, KITOV Systems specializes in AI-driven visual inspection technologies. The company was initiated by Adam Tabor and Nir Avrahami, and is currently led by CEO Aviel First. KITOV Systems has successfully completed one deal, raising USD 10.00 mn in Series A funding on October 10, 2018, led by HAHN Automation Group Holding GmbH with the involvement of GiTV. The total amount raised by the company is USD 10.00 mn.KITOV.ai specializes in an AI-based visual inspection software platform designed to revolutionize quality control in complex manufacturing industries. Their primary offerings include automated CAD-based visual inspection planning that utilizes both AI and classical 3D computer vision to detect cosmetic and mechanical defects across sectors such as electronics, automotive, defense, medical devices, and retail. The platform assists machine builders and system integrators by providing tailored inspection systems that enhance operational efficiency and minimize manual inspection errors.KITOV.ai generates revenue through a B2B sales model, focusing on partnerships with machine builders and system integrators who utilize the company's inspection solutions in production. The revenue is structured around software licensing and subscription agreements, allowing clients to access the platform for specified durations. The company's revenue streams are primarily derived from its CAD-based visual inspection software and related services that support 3D metrology.Following its Series A funding round in October 2018, KITOV Systems plans to leverage the USD 10.00 mn raised to broaden its customer base. The company is focused on expanding into new markets, specifically targeting North America, Europe, and Asia. Plans are underway to develop new products aimed at enhancing inspection capabilities, although specific release dates have not been mentioned.

## Funding rounds

- Series A, Oct 10, 2018, $10M — GiTV, HAHN Automation Group Holding GmbH

## Investors

- GiTV (https://capitalatlas.ai/funds/gitv) — Series A
- HAHN Automation Group Holding GmbH — Series A