Intenseye Secures $64M in Series B Funding

Intenseye

Intenseye, a NYC-based AI-powered workplace safety solutions company, raised $64M in Series B funding.

The round was led by Lightspeed Venture Partners with participation from existing investors Insight Partners, Point Nine, and Air Street Capital.

The company intends to use the funds to expand its technology ecosystem for a value in customers’ existing infrastructure, 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.

Led by CEO Sercan Esen, Intenseye enables workplace safety through computer vision AI. By providing 24/7 visibility into unseen hazards, ergonomic risk factors, and indicator data, the company’s solutions empower environmental health and safety (EHS) leaders to drive proactive changes that reduce work-related injury and illness rates, improve compliance, and save lives.

More than 100,000 workers at Fortune 500 companies and industrial groups are currently protected by Intenseye.

Commenting on the news, Sercan Esen said: “Intenseye isn’t just a ‘nice to have’— we’re proud to be at the forefront of a long-overdue transformation that is empowering EHS leaders to more effectively and efficiently protect their frontline teams. We’re honored that dozens of Fortune 500 innovators rely on Intenseye to transform workplace safety across their facilities.”

FinSMEs

27/02/2024