# VXG

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

- Industry: Software
- Headquarters: Toronto, Canada
- Website: www.videoexpertsgroup.com
- Total disclosed funding: $1M
- Latest round: Seed (Mar 17, 2020)
- Investors on record: 2

## About

VXG Inc. is a technology company specializing in cloud-based video surveillance solutions, offering innovative products designed to enhance security and operational efficiency across diverse industries.Founded in 2016 in Toronto, Canada, VXG Inc. develops and provides cloud video surveillance systems. The company has engaged in one significant transaction, successfully raising USD 1 million in Seed funding on March 17, 2020, from investors including MaRS Investment Accelerator Fund and Verstra Ventures. The firm's CEO is Yaro Lisitsyn, who has played a critical role in guiding the company's strategic vision since its inception.VXG specializes in cloud-based video surveillance solutions, featuring an advanced Cloud Video Management System (VMS) that enables users to create customized, white-label surveillance platforms utilizing Generative AI. This system connects IP cameras directly to the cloud, offering intelligent video analytics to improve operational efficiency. The platform caters to various sectors such as retail, healthcare, telecom, and smart buildings, facilitating effective management of security operations. The company's clientele includes security firms, systems integrators, and monitoring centers across North America, Europe, and Asia, enhancing their ability to monitor and analyze video data efficiently.VXG generates revenue primarily through subscription models and partnerships, offering contracts for its Cloud VMS. Clients typically pay for licenses based on camera usage, with pricing starting at USD 80 per camera. The service includes access to the white-label VMS, integration tools, and developer support. By providing comprehensive managed services like maintenance and technical support, the company establishes lasting client relationships, ensuring a consistent revenue stream through recurring subscriptions, underscoring its capacity to meet the specific demands of its diverse customer base.VXG plans to leverage its recent Seed funding of USD 1 million from March 2020 to expand its product offerings and market reach. The company aims to enhance its Cloud VMS with additional features that incorporate advanced analytics and improve user experiences. Furthermore, VXG is targeting expansion into new geographical regions, with a focus on increasing its presence in Europe and Asia by 2022, in line with its strategic growth objectives.

## Funding rounds

- Seed, Mar 17, 2020, $1M — MaRS Investment Accelerator Fund, Verstra Ventures

## Investors

- MaRS Investment Accelerator Fund (https://capitalatlas.ai/funds/mars-investment-accelerator-fund) — Seed
- Verstra Ventures (https://capitalatlas.ai/funds/verstra-ventures) — Seed