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Coactive AI Secures $14M Series A Funding to Unlock Insights in Visual Data

Coactive AI Secures $14M Series A Funding to Unlock Insights in Visual Data

March 26, 2023

Coactive AI San Jose-based start-up has raised $14 million in Series A funding from investors Bessemer Venture Partners, Andreessen Horowitz, SV Angel, AME Cloud Ventures, Next Play Capital, and Exceptional Capital. The company is dedicated to empowering data practitioners and data-driven teams by unlocking insights into unstructured image and video data, projected to constitute more than 82% of all internet traffic by 2021.

Coactive AI's innovative software bridges the gap between unstructured visual data and the world of SQL and big data tools, enabling teams to analyze and extract valuable information from images and videos efficiently. With the increasing prevalence of visual data in everyday life, from e-commerce sites and social media to autonomous vehicles and agricultural monitoring, Coactive AI's solution is poised to become indispensable for businesses across various industries.

The services and features of Coactive AI

The recent $14 million Series A funding showcases the start-up's potential to transform how businesses handle and analyze visual data.

Meet the team of CoActive AI

By making unstructured visual data more accessible and actionable, Coactive AI helps data-driven teams unlock new insights and opportunities, driving innovation and growth in the rapidly evolving digital landscape. Visit their latest funding round for more information: https://founderlodge.com/round/Coactive-AI-raises-14000000-Series-A-2023-03-24-Cody-Coleman-MTEzOTk

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