viAct.ai

company

About

Automating Construction Monitoring with World's First Scenario-Based AI

  • 51 - 100

Details

Last Funding Type
Seed
Last Funding Money Raised
$2M
Industries
Artificial Intelligence,Computer Vision,Construction,Facility Management,Property Development,Property Management
Founded date
Jan 1, 2016
Number Of Employee
51 - 100
Operating Status
Active

Being one of the leading ConTech startups in Asia, it enjoys various competitive advantages. To start with in terms of technology, viAct has trained its modules in far smarter way than various other peers working in the same genera. In this notion, it is worth mentioning that instead of “AI computer vision” viAct has pushed itself forward in a way that it provides construction surveillance through “scenario-based vision intelligence”. Moreover, adding to the advantages viAct’s smart monitoring system is not only an inspector rather a virtual assistant for mangers of construction sites. This is due to the fact that when other peers have developed AI algorithms to just detect non-compliances in construction safety and productivity, viAct has added a smarter touch to its surveillance system by training it to acquire insights vision technology and transform it into practical actions through audio-visual alerts.

Secondly, viAct has another unique feather to its crown. Unlike other peers in the ConTech ecosystem; viAct has developed a very simple, intuitive, ready-to-use deployment model. For using viAct there is no AI expertise needed, any on construction site with any CCTV camera with a minimum resolution of 2MP can simply use the RTSP link for connect to viAct’s smart cloud system to automate monitoring of the jobsite.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$2M
viAct.ai has raised a total of $2M in funding over 2 rounds. Their latest funding was raised on Mar 24, 2021 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 24, 2021 Seed $2M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
viAct.ai is funded by 1 investors. Particle Accelerator Limited (ParticleX) are the most recent investors.
Investor Name Lead Investor Funding Round
Particle Accelerator Limited (ParticleX) Seed