AITS - About the company
AITS is a funded company based in Milpitas (United States), founded in 2020 by Praveen K Jain and Rohit Sharma. It operates as a Provider of AI and ML models for edge devices. AITS has raised an undisclosed amount in funding. The company has 167 active competitors, including 20 funded and 2 that have exited. Its top competitors include companies like Stability AI, LangChain and Fetch.ai.
Company Details
Provider of AI and ML models for edge devices. It offers low code on-device AI models for edge and IoT devices for real-time computing and data analysis. It also offers tool kits for edge application development and deployment. It has its use cases in healthcare, education, automobiles, and mining industries.
- Website
- ai-tech.systems
- Social
- Email ID
- *****@ai-techsystems.com
- Phone Number
- +1 **********
- Registered Address
- Unit-116 1st floor, The Arcade Brigade metropolis, Mahadevapura, Bangalore, Bangalore North, Karnataka, India, 560048
Key Metrics
Founded Year
2020
Location
Milpitas, United States
Stage
Funding Raised
Latest Funding Round
Investors
Ranked
14th among 167 active competitors
Employee Count
68 as on Jul 01, 2024
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Legal entities associated with AITS
AITS is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AITS SOFTWARE PRIVATE LIMITED CIN: U72900KA2021PTC149724 , India, Active | Jul 20, 2021 | $10.3K (As on Mar 31, 2024) | - |
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AITS's funding and investors
AITS has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Jan 13, 2022 for $*****. 1 investor participated in its latest round. AITS has 2 institutional investors.
Here is the list of recent funding rounds of AITS:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 13, 2022 | 9021050 | Grant (prize money) | 9204781 | 3023357 | 3163689 | 5450812 |
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AITS's founders and board of directors
Founder? Claim ProfileHere are the details of AITS's key team members:
- Praveen K Jain: Co-Founder and CTO of AITS and founder of 1 other company.
- Rohit Sharma: Co-Founder & CEO of AITS. Contact Info: 1 email address
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AITS's employee count trend
AITS has 68 employees as of Jul 24. Here is AITS's employee count trend over the years:
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AITS's Competitors and alternates
Top competitors of AITS include Stability AI, LangChain and Fetch.ai. Here is the list of Top 10 competitors of AITS, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Stability AI 2021, London (United Kingdom), Seed | Developer of generative AI models for image, video, audio, and 3D | $181M | 72/100 | |
2nd | LangChain 2022, San Francisco (United States), Series B | Developer of tools for building, testing, and deploying AI agent applications | $260M | 70/100 | |
3rd | Fetch.ai 2017, Cambridge (United Kingdom), Series C | Blockchain-based network for application and AI infrastructure | $61.9M | 68/100 | |
4th | Developer of a platform for building custom artificial intelligence solutions | $45.6M | 64/100 | ||
5th |  LlamaIndex 2023, San Francisco (United States), Series A | Data framework for connecting data sources to large language models | $27.5M | 62/100 | |
6th | Developer of search foundation providing embeddings, reranker, and reader capabilities | $39M | 58/100 | ||
7th | Decart 2023, Wilmington (United States), Series B | Real-time generative AI open world model developer | $153M | 57/100 | |
8th | Airtop 2020, San Jose (United States), Series A | Provider of cloud browser infrastructure enabling AI agent web automation | $38.8M | 53/100 | |
9th |  Unify 2021, London (United Kingdom), Series A | Web platform tool to integrate AI models, libraries, frameworks, and hardware | $8.5M | 51/100 | |
10th |  Inferact 2026, San Francisco (United States), Seed | Developer of open-source large language model inference engine and related infrastructure | $150M | 45/100 | |
14th |  AITS 2020, Milpitas (United States), Funding Raised | Provider of AI and ML models for edge devices | - | 37/100 |
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AITS's Investments and acquisitions
AITS has made no investments or acquisitions yet.
Reports related to AITS
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