intenseye, a frontrunner in AI-driven workplace safety solutions, has successfully raised $64 million in a Series B funding round.
The financing was spearheaded by new investor Lightspeed Venture Partners, with the participation of existing backers including Insight Partners, Point Nine, and Air Street Capital, according to Pulse 2.0.
The startup collaborates closely with numerous insurers, and in 2021, it forged a partnership with AXA XL to extend its services to insurance clients.
intenseye’s roster of partners also includes Sumitomo, The Hartford, and USI, demonstrating its commitment to working collaboratively within the insurance industry.
The firm has made remarkable strides in the past year, demonstrating its capabilities in proactive hazard detection and expanding its global footprint across six continents.
At the core of its offering is its enterprise-ready computer vision AI platform, which delivers continuous monitoring of leading indicators in workplace safety. These indicators, often overlooked in manual audits, play a crucial role in identifying unsafe acts or conditions that precede work-related injuries or illnesses.
With over 36m indicators identified for customers last year, Intenseye’s solution empowers environmental, health, and safety (EHS) teams to drive meaningful changes that enhance efficiency, ensure compliance, and mitigate workplace incidents.
The funding injection will enable intenseye to further enhance its technology ecosystem, incorporating large language models (LLMs) and mobile support to optimise various use cases.
Sercan Esen, intenseye CEO, said, “The scope, scale, and costs of workplace incidents are escalating rapidly, underscoring the critical need for AI-driven solutions that help pinpoint and mitigate hazards while aligning to the highest standards of accuracy, privacy, and enterprise readiness.
“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 honoured that notable customers such as Google and other Fortune 500 innovators rely on intenseye to transform workplace safety across their facilities.
“Our commitment to the ethical AI principle of privacy-by-design sets us apart, helping shield workers’ psychological safety while providing unparalleled protection for their physical safety,” he continued.
Nathan Benaich, partner at Air Street Capital, added, “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.”
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