Intelex Vision, the pioneering company specialising in AI-driven video analytics for real-time surveillance, is pleased to announce it has successfully closed a £5.6m Series A funding round, backed by Acurio Ventures, Adara Ventures and Inveready, among others.
The business is a leading global provider of advanced AI-powered surveillance solutions that leverages 4th generation artificial intelligence to autonomously monitor, analyse and detect safety & security threats in real-time.
With a global presence across five continents and partnerships with over 70 distributors and technology partners, Intelex Vision’s AI processes over 2 billion hours of video every month, transforming sectors that include critical infrastructure, transportation, healthcare and urban environments enabling faster response times and improved operational efficiency.
This strategic investment allows us to fuel our commercial growth whilst continuing to invest heavily in the product and disruptive and differentiated AI technology that underpins it.
Callum Wilson, Co-CEO
After growing our revenues 11x over the past 3 years, in this new phase of our development we will aim to not only strengthen and expand our position in our existing markets, but also start to address some of the largest ones globally
Michael Vorstman, Co-CEO
Given the rising insecurity perception in cities and critical infrastructure projects, we see Intelex Vision technology as a game changing opportunity to shift the status quo from forensic post-event data analysis to realtime threat monitoring. We are delighted to be part of this new growth phase in the video analytics industry, and to partner with the outstanding and dynamic team behind Intelex Vision.
Hugo Fernández-Mardomingo, Partner at Acurio Ventures
As large-scale CCTV deployments generate ever-growing amounts of data, smarter video analytics are key for real-time threat detection and decision-making. With a scalable solution proven in the most challenging and dynamic environments, Intelex Vision has emerged as a leader in AI-powered video analytics, and we are proud to continue supporting their growth.
Nico Goulet, Founding Partner at Adara Ventures
