# Outsight

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

- Industry: Software
- Headquarters: Paris, France
- Website: www.outsight.ai
- Total disclosed funding: $45M
- Latest round: Series B (Nov 14, 2022)
- Investors on record: 8

## About

Outsight SA is a technology company that specializes in 3D Spatial Intelligence, using LiDAR sensors to enhance operational efficiency across various sectors.Founded in 2019, Outsight SA is based in Paris, France, where it develops advanced 3D Spatial Intelligence technology. The company was established by Cédric Hutchings, Laia Priego, Raul Bravo, and Scott Buchter. Outsight has raised a total of EUR 20.74 mn through 3 funding deals, with the latest Series B round in November 2022 led by Energy Innovation Capital and including participation from various investors such as BNP Paribas and Bpifrance Investissement. The company's current valuation is EUR 97.606 mn.Outsight specializes in advanced 3D Spatial Intelligence technology, primarily utilizing LiDAR sensors to optimize operations and enhance the user experience in various sectors. Their key offerings include the Shift Perception software and Shift Analytics platform, which deliver precise monitoring and analysis of people and vehicle flows in real-time. By leveraging their proprietary algorithms, Outsight's solutions enable businesses to effectively manage critical metrics such as traffic flow, queueing times, and spatial analytics, thereby reducing bottlenecks and improving operational efficiency. Their client base spans multiple industries including airports, smart cities, retail, and logistics, with notable customers such as Rome Airport and the City of Bellevue. Outsight's products are deployed worldwide, with significant operational footprints in Europe, North America, and Asia, catering to markets that demand high levels of accuracy and real-time data processing.Outsight generates revenue through a combination of software licensing and service agreements, primarily targeting B2B transactions. Their core products, Shift Perception and Shift Analytics, are typically offered through subscription models, allowing clients to access advanced analytical capabilities and updates as they are released. The firm also engages in partnerships with hardware manufacturers, facilitating the integration of their software with a variety of LiDAR sensors. This multi-vendor compatibility enhances their market appeal and allows clients to select the best-suited hardware for their specific requirements. Outsight's pricing plans are structured to accommodate varying client needs, focused on delivering value through scalable solutions that align with operational objectives in sectors such as transportation and security.In November 2022, Outsight SA raised EUR 20.74 mn in Series B funding, led by Bpifrance Investissement, to support its expansion and product development initiatives. The company plans to develop and launch new products aimed at enhancing their existing technology offerings. Additionally, Outsight intends to expand into new geographic markets, targeting regions in North America and Asia by 2024. The recent funding will be utilized to bolster these efforts, facilitating the development of innovative solutions and enhancing operational capabilities.

## Funding rounds

- Series B, Nov 14, 2022, $21M — Demea Invest, Faurecia, Groupe ADP, Bpifrance Investissement, SPDG, Energy Innovation Capital, Safran Corporate Ventures, BNP Paribas
- Series A, Nov 27, 2020, $24M — Demea Invest, Faurecia, SPDG, Safran Corporate Ventures, BNP Paribas

## Investors

- Demea Invest (https://capitalatlas.ai/funds/demea-invest) — Series A, Series B
- Faurecia — Series A, Series B
- SPDG — Series A, Series B
- Safran Corporate Ventures (https://capitalatlas.ai/funds/safran-corporate-ventures) — Series A, Series B
- BNP Paribas — Series A, Series B
- Groupe ADP — Series B
- Bpifrance Investissement (https://capitalatlas.ai/funds/bpifrance-investissement) — Series B
- Energy Innovation Capital (https://capitalatlas.ai/funds/energy-innovation-capital) — Series B