Ception Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 12

Employees

  • Latest Deal Type
  • M&A

Ception General Information

Description

Developer of an artificial intelligence-powered system designed for heavy equipment to improve operational safety, productivity, and sustainability. The company's system is based on high-definition mapping and non-global positioning system precise localization technologies, using advanced computer vision and deep learning algorithms, providing machinery operators with real-time alerts and guidance, while collecting data and providing job site-related insights to the site managers.

Contact Information

Website
www.ception.ai
Formerly Known As
StreetLight Solutions, StreetLight AI
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 16 Hartom
  • Har Hotzvim
  • Jerusalem
  • Israel
Primary Industry
Business/Productivity Software
Acquirer
DriveU.auto
Vertical(s)
Big Data, Mobility Tech, SaaS, Artificial Intelligence & Machine Learning
Corporate Office
  • 16 Hartom
  • Har Hotzvim
  • Jerusalem
  • Israel

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Ception Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 01-Jun-2023 Completed Generating Revenue
5. Accelerator/Incubator 12-Dec-2022 Completed Generating Revenue
4. Early Stage VC 01-Sep-2022 Completed Generating Revenue
3. Grant 01-Jan-2021 Completed Generating Revenue
2. Seed Round 16-Jan-2020 $1.3M Completed Generating Revenue
1. Seed Round 20-Feb-2019 $1.3M $1.3M Completed Generating Revenue
To view Ception’s complete valuation and funding history, request access »

Ception Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Preferred Seed
To view Ception’s complete cap table history, request access »

Ception Patents

  • 26

    Total Documents Applications and Grants

  • Total Patents Families

  • 2

    Granted

  • 1

    Pending

  • Expiring in next 12 mo

Ception Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240125097-A1 Earthmoving vehicle performance monitoring Inactive 18-Feb-2021
WO-2022175949-A1 Earthmoving vehicle performance monitoring Inactive 18-Feb-2021
EP-4189327-A1 Guidance of a transport vehicle to a loading point Inactive 28-Jul-2020
EP-4189327-A4 Guidance of a transport vehicle to a loading point Inactive 28-Jul-2020
US-20230408289-A1 Guidance of a transport vehicle to a loading point Inactive 28-Jul-2020 G01C21/3811
To view Ception’s complete patent history, request access »

Ception Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Ception Former Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds
Cemex Ventures Corporate Venture Capital Minority
Innovation Authority Government Minority
MoreVC Venture Capital Minority
Shapir Engineering and Industry Corporation Minority
To view Ception’s complete investors history, request access »

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Ception FAQs

  • When was Ception founded?

    Ception was founded in 2018.

  • Where is Ception headquartered?

    Ception is headquartered in Jerusalem, Israel.

  • What is the size of Ception?

    Ception has 12 total employees.

  • What industry is Ception in?

    Ception’s primary industry is Business/Productivity Software.

  • Is Ception a private or public company?

    Ception is a Private company.

  • What is Ception’s current revenue?

    The current revenue for Ception is .

  • How much funding has Ception raised over time?

    Ception has raised $7.8M.

  • Who are Ception’s investors?

    Cemex Ventures, Innovation Authority, MoreVC, and Shapir Engineering and Industry have invested in Ception.

  • When was Ception acquired?

    Ception was acquired on 01-Jun-2023.

  • Who acquired Ception?

    Ception was acquired by DriveU.auto.

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