Assert AI

Assert AI

AI-powered video analytics delivered via SaaS

Founded

2018

Headquarters

Mumbai (India)

Status

Series A

Company Details

Website

Socials

Email

Phone

+91 8657009634

Assert AI is a Mumbai-based computer vision SaaS company. Specializing in AI-driven video analytics, Assert AI transforms industries by automating processes, enhancing safety, and providing actionable insights through its innovative solutions. The company operates across India, the US, and the Middle East, serving sectors like manufacturing, logistics, retail and infrastructure.

Core Products & Services

  • Pratham: No-code computer vision platform for non-technical users, enabling real-time object detection, facial recognition, and compliance monitoring.

  • Alpha: Data integration and analytics platform that converts video feeds into actionable insights for operational optimization.

  • Falcon: Drone-based inventory management system for warehouses, offering real-time tracking and optimization.

  • Custom Solutions: Tailored AI models for health and safety compliance, theft detection, fire/smoke alerts, and process automation.

Unique Value Proposition

  • No-Code Platform: Democratizes AI adoption by allowing non-technical users to deploy computer vision solutions.

  • Real-Time Analytics: Delivers instant alerts and insights via existing CCTV infrastructure, reducing manual monitoring.

  • Scalability: Solutions integrate seamlessly with ERP/MES systems, supporting enterprises of all sizes.

  • Proven Impact: Clients report 30–40% efficiency gains and 99.5% accuracy in defect detection.

Business Model & Revenue Streams

  1. SaaS Subscriptions: Recurring revenue from monthly/annual subscriptions for platform access. Pricing scales with features, users, and data volume.

  2. One-Time Setup Fees: Customization and integration charges for deploying solutions on-premises or via cloud.

  3. Enterprise Contracts: Long-term agreements with large corporations for tailored AI solutions (e.g., supply chain optimization, safety compliance).

  4. Drone-as-a-Service (DaaS): Revenue from Falcon’s drone-based inventory management, billed per warehouse or site.

Customer Segmentation

  • B2B: Manufacturing firms, logistics providers, retailers, and infrastructure companies.

  • Government & Smart Cities: Surveillance and safety solutions for public spaces.

  • Geographies: India (primary), US, UAE, and expanding into Europe.

Growth Strategy

  • Global Expansion: Strengthening presence in the US and Middle East while exploring European markets.

  • R&D Investment: Enhancing AI models for edge computing and low-latency video analytics.

  • Industry Partnerships: Collaborating with hardware providers (e.g., CCTV/drone manufacturers) for bundled solutions.

  • Acquisitions: Targeting niche AI startups to expand product capabilities.

Key People

Sandeep Tiwari

Nitin Jain

Shalabh Shalabh

Key Metrics

Total Equity Funding

$6 Million

No. of Funding Rounds

3

Latest Funding Round

$4 Million, Series A

as of April 29, 2024

Post Money Valuation

$9.59 Million

as of October 28, 2022

Funding Multiple

1.6

as of October 28, 2022

Investors

Arya

Employee Count

71

Similar Companies

RateGain

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
April 29, 2024Series A$4 Million--- Arya
October 28, 2022Seed$6 Million$9.6 Million $620 K 12.7x Arya

Recent News