Thursday, July 18, 2024

Assert AI Secures $4 Million in Funding to Drive Computer Vision SAAS Innovation

Innovation is the key in today’s digital age. Assert AI, a leading computer vision SAAS company, has innovative approach in its business and hence lately has managed in securing Rs 30 crore ($4 million) in funding, which was led by investors Ramesh Hariharan and Prashant Purker. The fresh funding is being considered as an important moment for the company.

Assert AI’s mission is to utilize the power of computer vision technology, which is simply like equipping the systems with an unyielding pair of eyes that never tire or falter like human vision. The software processes visual data flawlessly and thereafter offers a plethora of benefits like automating tasks and enhancing customer experiences.

The new investment is learned to be fueling the expansion process of the company into key markets apart from driving further research and development initiatives. The investment further highlights a commitment of the company to push boundaries of computer vision.

A couple of Assert AI’s successful flagship products are Pratham, Alpha and Falcon. Pratham is a no-code platform for computer vision—accessible and intuitive. It allows businesses to leverage the technology without extensive programming knowledge. Alpha offers diverse data integration options which are tailored to the needs of clients. Falcon redefines warehouse management. It offers real-time tracking and optimization capabilities. It also streamlines inventory processes.

The company has already made significant milestone. More than 50 applications have been so far delivered to a diverse clientele including large corporate houses, SMEs and government enterprises as well.

The vision of Assert AI is more than just software. It aims to achieve such a status in the future where technology empowers businesses to achieve more. As of now, its journey is promising and believed to be surely reshaping industries.


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