Awiros has successfully raised $8 million over 2 funding rounds, with the latest round being Series A in September 2022.
The platform is pioneering the world's first Computer Vision Operating System, connecting developers with customers through its AppStack marketplace for Computer Vision "Apps".
What Is Awiros?
Awiros, founded by Vikram Gupta, is headquartered in Pittsburgh with additional offices in Gurgaon and Hyderabad. The company specializes in developing the world's first Computer Vision Operating System.
With a team of 51-200 employees, Awiros connects developers and customers through its AppStack marketplace for Computer Vision "Apps".
Since its inception, Awiros has been at the forefront of innovation in machine learning, artificial intelligence, and distributed systems.
How Much Funding Has Awiros Raised?
- Funding Round S (Seed)
- Amount Raised: $1,000,000
- Date: March 2018
- Motivation Behind the Round: Seed funding is generally used for initial product development, market research, and early-stage business operations.
- Funding Round A (Series A)
- Amount Raised: $7,000,000
- Date: September 2022
- Lead Investors: Inflexor Ventures and Exfinity Venture Partners
- Motivation Behind the Round: Product enhancement, building its developer community, business growth in India and overseas markets, and increasing the India and US teams, particularly in technology and sales-related functions.
Total Amount Raised: $8 million. Current Valuation: (~estimated).
Key Investors
- Inflexor Ventures
- Details: Inflexor Ventures is a venture capital firm that focuses on early-stage technology-driven startups. They have a strong presence in the deep-tech and enterprise software sectors.
- Investment Focus Areas: Technology-driven startups, deep-tech, enterprise software, AI
- Notable Investments: Atomberg, Bellatrix Aerospace, PlayShifu
- Exfinity Venture Partners
- Details: Exfinity Venture Partners is an early to mid-stage venture capital firm. They specialize in investing in technology companies with a focus on enterprise technology and deep-tech.
- Investment Focus Areas: Early to mid-stage technology companies, enterprise technology, deep-tech
- Notable Investments: Mad Street Den, Locus, MoEngage
- VedaVC
- Details: VedaVC is a venture capital firm that invests in early-stage technology startups. They aim to support innovative companies with high growth potential.
- Investment Focus Areas: Early-stage technology startups
- Notable Investments: Not specified
- Family Offices
- Details: Family offices are private wealth management advisory firms that serve high-net-worth individuals. They often invest in diverse sectors, including technology and innovation.
- Investment Focus Areas: Diverse, technology, innovation
- Notable Investments: Not specified
- Ultra-high-net-worth individuals (UHNIs)
- Details: UHNIs are individuals with substantial financial assets. They frequently invest in high-growth potential startups across various sectors.
- Investment Focus Areas: Diverse, high-growth potential startups
- Notable Investments: Not specified
What's Next for Awiros?
As Awiros looks to the future, the opportunities are vast. The company is poised to enhance its product offerings, build a robust developer community, and expand its business both in India and overseas. With a strong foothold in sectors like manufacturing, warehousing, and public safety, the potential for growth is significant.
Given the successful Series A funding, Awiros is likely to attract further investment to support its ambitious expansion plans. However, scaling technology and sales teams across different geographies and maintaining a thriving developer community will be challenging. Competing with other AI and computer vision startups will also test the company's resilience and innovation.
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