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Invisible Ai Raises $15M To Stick Worker-Monitoring Cameras In Factories

Sep 28, 2022almost 3 years ago

Amount Raised

$15 Million

United StatesMachine LearningArtificial IntelligenceSoftware

Description

The rise of so-called “smart factory” technologies is leading to a race to modernize manufacturing plant and warehouse floors. Old equipment is being replaced by newer, more advanced machinery as manufacturers look to keep pace with the competition — and wrestle with high turnover rates. According to a survey by Plex Systems, 50% of manufacturers accelerated their adoption of automation and digital systems during the pandemic. A separate report from The Harris Poll, commissioned by Google, found that two-thirds of manufacturers were using AI in their day-to-day operations as of June 2021.

Company Information

Company

Invisible AI

Location

Palo Alto

United States

About

At Invisible AI our goal is to create a digital tool to error-proof your manufacturing. Invisible AI's computer vision platform monitors body posture and ergonomics to give operators real-time feedback. We help ensure processes are done correctly and safely, every time.

FundzWatch™ Score

64
Medium Activity

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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