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Assert AI - About the company

Assert AI is a series A company based in Mumbai (India), founded in 2018 by Shalabh Shalabh and Nitin Jain. It operates as a Developer of computer vision software for real-time operational intelligence. Assert AI has raised $7.12M in funding from Arya.ag and Avm Consulting, with a current valuation of $*****. The company has 714 active competitors, including 147 funded and 68 that have exited. Its top competitors include companies like Ambarella, Ecopia and Voxel AI.

Company Details

Developer of computer vision software for real-time operational intelligence. The software uses existing camera networks to provide insights into physical operations. It offers solutions for occupational health and safety, product quality monitoring, guest experience, and productivity improvement. The software supports PPE compliance, equipment safety checks, and hazard detection. It also facilitates defect detection, queue optimization, and inventory management.
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Email ID
*****@assertai.com
Phone Number
+91 **********
Registered Address
A/303, 4, Zillion Bldg E, Z1 Wing, LBS, Marg, Nr Kurla Bus Depot, Kurla West, Kurla, Mumbai, Mumbai, Maharashtra, India, 400070
Key Metrics
Founded Year
2018
Location
Mumbai, India
Stage
Series A
Total Funding
$7.12M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Aug 20, 2024
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
54 as on Aug 31, 2025
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Assert AI's funding and investors

Assert AI has raised a total funding of $7.12M over 3 rounds. Its first funding round was on Dec 23, 2021. Its latest funding round was a Series A round on Apr 26, 2024 for $*****. 9 investors participated in its latest round. Assert AI has 3 institutional investors and 10 angel investors.

Here is the list of recent funding rounds of Assert AI:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 26, 2024
3293215
Series A
1030541
2008710
4918974
4711056
Oct 28, 2022
1576200
Seed
2823958
5460393
5883956
Dec 23, 2021
5805066
Angel
3327233
4797413
1572246
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Assert AI's founders and board of directors

Founder? Claim Profile
The founders of Assert AI are Shalabh Shalabh and Nitin Jain.
Here are the details of Assert AI's key team members:

Assert AI's employee count trend

Assert AI has 54 employees as of Aug 25. The total employee count is 10.0% lower than what it was in Aug 24. Here is Assert AI's employee count trend over the years:
Employee count trend for Assert AI
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Assert AI's Competitors and alternates

Top competitors of Assert AI include Ambarella, Ecopia and Voxel AI. Here is the list of Top 10 competitors of Assert AI, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ambarella
Ambarella
2004, Santa Clara (United States), Public
Manufacturer of AI-enabled image processors
$15.4M
69/100
2nd
Logo for Ecopia
Ecopia
2013, Toronto (Canada), Series B
Provider of AI-based mapping systems generating high-definition vector data
$12.6M
66/100
3rd
Logo for Voxel AI
Voxel AI
2020, San Francisco (United States), Series B
Provider of artificial intelligence software for industrial workplace safety monitoring
$83M
65/100
4th
Logo for SixSense
SixSense
2018, Singapore (Singapore), Series A
Developer of AI platform automating defect inspection for semiconductor manufacturing
$12M
62/100
5th
Logo for Staqu
Staqu
2015, Gurugram (India), Seed
Provider of AI-powered video analytics software
$2.11M
62/100
6th
Logo for Duostech
Duostech
1990, Jacksonville (United States), Public
Provides security analytical technology solutions for perimeter intrusion detection to organizations
$1.13M
-
61/100
7th
Logo for VidRovr
VidRovr
2016, New York City (United States), Acquired
AI based video content management and recommendation
$2.15M
60/100
8th
Logo for Gorilla
Gorilla
2000, Taipei (Taiwan), Public
Provider of AI-powered solutions for smart city and infrastructure applications
$15M
58/100
9th
Logo for Assert AI
Assert AI
2018, Mumbai (India), Series A
Developer of computer vision software for real-time operational intelligence
$7.12M
57/100
10th
Logo for Protex AI
Protex AI
2021, Dublin (Ireland), Series B
Provider of AI-powered platform for industrial workplace safety and efficiency
$54.1M
57/100
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Assert AI's Latest cap tables and shareholding

Founders (largest shareholder) own 65.95%, Enterprises own 5.75%, Angels own 22.09% and ESOP Pool own 6.21%. The net worth of Assert AI's founders is INR 84.3Cr as of Aug 20, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
65.95%
84.3Cr
9676153
6457970
4287860
3366900
3046008
1346717
1380061
9570754
4392538
2496223
174817
267455
536322
344306
966233
700324
Enterprise
5.75%
7.35Cr
26987
95408
45710
87406
Angel
22.09%
28.2Cr
6595587
7068419
6768680
2353529
7963927
2528798
1959674
2474677
3540687
2031099
97731
23573
29546
36324
33274
27179
ESOP Pool
6.21%
7.93Cr
431684
825424
221470
362581
Total
100.00%
128Cr
4142737
4733763
5664006
3080087
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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Assert AI's Investments and acquisitions

Assert AI has made no investments or acquisitions yet.

Reports related to Assert AI

Here is the latest report on Assert AI's sector:

News related to Assert AI

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Media has covered Assert AI for a total of 2 events in the last 1 year, 2 of them have been about company updates.
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