Intenseye Secures $90 Million in Funding to Revolutionize AI-Powered Workplace Safety Solutions
After reviewing the provided search results, it appears that the relevant company is Intenseye, which specializes in AI-powered workplace safety solutions. The news article covering the funding type is found in source [1].
Here is a rewritten version of the article to avoid plagiarism while maintaining all the facts:
Intenseye, a leading provider of AI-powered workplace safety solutions, has secured a significant investment of $64 million in series B funding. This latest round of funding was led by new investor Lightspeed Venture Partners, with participation from existing investors Insight Partners, Point Nine, and Air Street Capital. This infusion of capital marks the largest-ever investment in AI-powered workplace safety innovations and brings Intenseye’s total funding to over $90 million, solidifying its position as the best-funded company in the space.
The company’s recent growth milestones underscore its unique position in the industry. In 2023, Intenseye expanded its global footprint by 125%, forging industry-first partnerships with leading insurers, top cloud and EHS technology vendors, and other renowned software and hardware providers. This strategic expansion positions Intenseye as an essential component of digital transformation worldwide. The company’s extensive reach and impact span thousands of sites across over 30 industries in more than 25 countries, protecting over 100,000 workers globally.
Intenseye’s momentum is further evidenced by its extensive hiring efforts in 2023, including key additions to its NYC-based go-to-market executive team. Notable hires include Matt Marshall as VP of sales, Sean Snyder as head of partnerships, Steve Iannucci as head of finance, and Chelsea Haynes as head of marketing.
Nathan Benaich, partner at Air Street Capital, praised Intenseye, stating, “Intenseye is an exemplary AI-first company. The team seized on a real-world problem that costs businesses hundreds of billions of dollars but is hiding in plain sight. By building on top of existing but under-utilized camera investments, Intenseye adds 24/7 safety intelligence that drives measurable change in the service of workforces worldwide. We’re proud to have supported Sercan and his team from day one of their journey.”
With this latest round of funding, Intenseye plans to expand its technology ecosystem to unlock even greater value in customers’ existing infrastructure. The company will further incorporate large language models (LLMs) and mobile support to optimize dozens of use cases and continue to invest in privacy innovations, including an upcoming Gen AI video anonymization feature. This commitment to ethical AI and fostering psychological safety for the workers it protects underscores Intenseye’s dedication to transforming workplace safety with AI.
Intenseye’s proactive detection of tens of millions of workplace hazards in 2023 marked a historic year for the company. The company’s series B funding represents a significant milestone in its mission to revolutionize workplace safety through AI-powered solutions. With this substantial investment, Intenseye is poised to continue its global growth and expansion, further cementing its position as a leader in AI-powered workplace safety solutions.