# Perceptive Automata

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

- Industry: Software
- Headquarters: Somerville, US
- Website: www.perceptiveautomata.com
- Total disclosed funding: $19M
- Latest round: Series A (Oct 9, 2018)
- Investors on record: 6

## About

Perceptive Automata, Inc. specializes in artificial intelligence and machine learning technologies that enhance human-machine interactions, particularly in autonomous vehicles and robotics.Perceptive Automata, Inc. provides AI solutions that significantly improve the understanding of human behavior by machines. Founded in 2015 in Somerville, US, by Sam Anthony and Walter Scheirer, the company has focused on developing technologies for the autonomous vehicle industry. The latest funding round, a Series A in October 2018, raised USD 16.00 mn, led by JAZZ Venture Partners, with participation from Hyundai Motor Company, OUP (Osage University Partners), and Toyota AI Ventures, among others. The total amount raised by the company stands at USD 16.00 mn.Perceptive Automata, Inc. offers advanced AI solutions aimed at improving the interaction between humans and machines. Their primary products focus on understanding human behavior in the context of autonomous vehicles, enabling machines to better interpret and predict human actions. This technology is crucial for creating safer and more efficient autonomous systems that operate in dynamic environments.Perceptive Automata, Inc. generates revenue through partnerships and collaborations in the autonomous vehicle industry, providing their AI solutions to manufacturers and developers looking to enhance machine understanding of human behavior. The company's business model is centered on offering scalable technology solutions that integrate seamlessly into existing systems, primarily through contractual agreements that outline service provisions and support.Perceptive Automata, Inc. aims to expand its product offerings by developing new AI models designed for increasingly complex environments, with upcoming releases expected in late 2023. The company is also targeting expansion into the European and Asian markets by 2024. The recent Series A funding of USD 16.00 mn will be utilized to accelerate product development and market entry initiatives, further enhancing its capabilities in the autonomous vehicle sector.

## Funding rounds

- Series A, Oct 9, 2018, $16M — OUP (Osage University Partners), First Round Capital, Slow, Hyundai Motor Company, JAZZ Venture Partners, Toyota Ventures
- Seed, Jul 10, 2018, $3M — First Round Capital, Slow
- Seed, Apr 5, 2017 — Slow

## Investors

- Slow (https://capitalatlas.ai/funds/slow) — Seed, Series A
- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Seed, Series A
- OUP (Osage University Partners) (https://capitalatlas.ai/funds/oup-osage-university-partners) — Series A
- Hyundai Motor Company — Series A
- JAZZ Venture Partners (https://capitalatlas.ai/funds/jazz-venture-partners) — Series A
- Toyota Ventures (https://capitalatlas.ai/funds/toyota-ventures) — Series A