Spot AI emerges from stealth with $22M with a platform to draw out more intelligence from organizations’ basic security videos

Key Facts

Spot AI has built a software platform that “reads” that video footage — regardless of the type or quality of camera it was create on — and makes video produced by those cameras searchable by anyone who needs it, both by way of words, and by way of images in the frames shot by the cameras.
The gap in the market that Spot AI is aiming to fill is the one created by some of the more legacy technology used by organizations today: a huge amount of security cameras — in 2019 estimated at 70 million in the U.S. alone, although that also includes public video surveillance — are in use in the workplace today, usually set up around entrances to buildings, in office buildings themselves.
That third part is a dashboard that both lets users search through a company’s video troves by keywords or processes, and to create frames and alerts on current streams to note when something has occurred in the frame (for example, a door opening, or a person entering a space, or even something not working as it should).
While there are a number of IoT plays out there that are designed to help monitor connected devices, the pitch with Spot AI is that it can be more attuned to how connected and not-connected things are moving about in physical spaces, regardless of whether they involve connected devices or not.