What is Actuate?
Founded in 2018, Actuate specializes in artificial intelligence-based intruder detection software designed to transform standard security cameras into proactive monitoring tools. The company's platform excels at identifying people and weapons, providing real-time alerts directly to mobile devices or existing Video Management Systems (VMS). By eliminating the requirement for costly hardware overhauls, Actuate offers a scalable, software-centric approach to physical security that is highly attractive to enterprise clients, municipalities, and large-scale facility managers. Its market position is defined by its ability to bridge the gap between legacy surveillance hardware and modern, AI-powered threat mitigation.
How much funding has Actuate raised?
Actuate has raised a total of $19.5M across 2 funding rounds:
Series A
$8M
Other Financing Round
$11.5M
Series A (2021): $8M with participation from Scribble Ventures, OCA Ventures, Context Ventures, and Tribeca Venture Partners
Other Financing Round (2024): $11.5M led by Tensility Venture Partners, Tribeca Venture Partners, and Bling Capital
Key Investors in Actuate
Tensility Venture Partners
An early-stage venture capital firm focused exclusively on AI-first software and services, supporting mission-driven founders in deep tech and advanced automation.
Tribeca Venture Partners
A multi-stage venture capital firm based in New York that partners with entrepreneurs to leverage emerging technologies and build category-defining companies.
Bling Capital
An early-stage venture fund that assists entrepreneurs in achieving product-market fit and scaling effectively through an extensive network of product leaders.
What's next for Actuate?
With this major strategic investment, Actuate is well-positioned to accelerate its product development roadmap and expand its footprint within the enterprise security market. The company is expected to focus on enhancing its detection algorithms and deepening its integration capabilities with global VMS providers. As the demand for automated, AI-first security solutions continues to rise, Actuate's focus on dual-use technologies and scalable software architecture will likely drive further adoption across diverse sectors, including corporate campuses and public infrastructure. The firm remains committed to its mission of providing high-fidelity, actionable intelligence to security teams, ensuring that existing camera networks are utilized to their maximum potential for safety and risk reduction.
See full Actuate company page