Actuate Overview
- Year Founded
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2018
- Status
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Private
- Employees
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38
- Latest Deal Type
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Series B
- Latest Deal Amount
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$11.5M
- Investors
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17
Actuate General Information
Description
Developer of a security software designed to recognize firearms and other public safety threats in security camera feeds. The company's software utilizes computer vision and artificial intelligence that connect with the existing security camera system to detect guns, intruders, people flow, crowds, loitering and social distancing issues, enabling security teams to get real-time alerts to improve safety outcomes.
Contact Information
Website
www.actuate.aiCorporate Office
- 115 West 30th Street
- Suite 1103
- New York, NY 10001
- United States
Corporate Office
- 115 West 30th Street
- Suite 1103
- New York, NY 10001
- United States
Actuate Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Later Stage VC (Series B) | 23-Jul-2024 | $11.5M | Completed | Generating Revenue | ||
| 4. Early Stage VC (Series A) | 29-Apr-2021 | Completed | Generating Revenue | |||
| 3. Angel (individual) | 02-Oct-2018 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 13-Sep-2018 | $250K | $260K | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | 13-Jun-2018 | $10K | $10K | Completed | Generating Revenue |
Actuate Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A-5 | ||||||||
| Series A-4 | ||||||||
| Series A-3 | ||||||||
| Series A-2 | 1,245,116 | $0.000100 | 6% | $0.2 | $0.2 | 1x | $0.2 | 3.41% |
| Series A-1 | 7,386,708 | $0.000100 | 6% | $1.32 | $1.32 | 1x | $1.32 | 20.22% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Actuate Comparisons
Industry
Financing
Details
Actuate Competitors (5)
One of Actuate’s 5 competitors is Umbo Computer Vision, a Venture Capital-Backed company based in San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Umbo Computer Vision | Venture Capital-Backed | San Francisco, CA | ||||
| Athena Security | Venture Capital-Backed | Austin, TX | ||||
| ZeroEyes | Venture Capital-Backed | Conshohocken, PA | ||||
| Evolon | Private Equity-Backed | Dallas, TX | ||||
| Protect AI | Formerly VC-backed | Seattle, WA |
Actuate Patents
Actuate Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| DE-69941958-D1 | Method for sending and receiving safe data using a distributed key | Inactive | 14-Oct-1998 | ||
| EP-1125393-B1 | Method of sending and receiving secure data with a shared key | Inactive | 14-Oct-1998 | ||
| AU-1315100-A | System and method of securing a computer from unauthorized access | Inactive | 14-Oct-1998 | ||
| CA-2312981-A1 | System and method of securing a computer from unauthorized access | Inactive | 14-Oct-1998 | ||
| EP-1038217-A1 | System and method of securing a computer from unauthorized access | Inactive | 14-Oct-1998 | G06F21/6209 |
Actuate Signals
Actuate Investors (17)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Connexa Capital | Venture Capital | Minority | ||
| Gray Line Partners | Growth/Expansion | Minority | ||
| Bling Capital | Venture Capital | Minority | ||
| Angel (individual) | Minority |
Actuate FAQs
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When was Actuate founded?
Actuate was founded in 2018.
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Where is Actuate headquartered?
Actuate is headquartered in New York, NY.
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What is the size of Actuate?
Actuate has 38 total employees.
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What industry is Actuate in?
Actuate’s primary industry is Business/Productivity Software.
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Is Actuate a private or public company?
Actuate is a Private company.
-
What is the current valuation of Actuate?
The current valuation of Actuate is .
-
What is Actuate’s current revenue?
The current revenue for Actuate is .
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How much funding has Actuate raised over time?
Actuate has raised $21.9M.
-
Who are Actuate’s investors?
, Connexa Capital, Gray Line Partners, Bling Capital, and are 5 of 17 investors who have invested in Actuate.
-
Who are Actuate’s competitors?
Umbo Computer Vision, Athena Security, ZeroEyes, Evolon, and Protect AI are competitors of Actuate.
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