What is Oosto?
Oosto's Vision AI platform is utilized by leading organizations within financial services, buildings, retail, health, sports, and gaming, including Fortune 500 companies. The platform is designed to bolster safety and productivity by identifying security and safety threats in real-time, while emphasizing fair and ethical use. Founded in 2015, Oosto operates globally, offering a sophisticated solution for enterprises seeking to better protect their customers, guests, and employees through advanced AI.
How much funding has Oosto raised?
Oosto has raised a total of $352M across 3 funding rounds:
Series A
$74M
Series B
$43M
Series C
$235M
Series A (2019): $74M with participation from Qualcomm Ventures, Robert Bosch GmbH, Eldridge Industries, DFJ Growth, OG Technology Partners, M12, and LightSpeed Venture Partners
Series B (2020): $43M, investors not publicly disclosed
Series C (2021): $235M supported by SoftBank Group Corp. and Eldridge
Key Investors in Oosto
SoftBank Group Corp.
SoftBank Group Corp. is a major global technology investment firm known for its significant backing of high-growth technology companies worldwide.
Eldridge Industries
Eldridge Industries is a diversified investment firm with a broad portfolio, often investing in technology and growth-stage companies.
Qualcomm Ventures
Qualcomm Ventures is the venture capital arm of Qualcomm, focusing on investments in companies developing innovative technologies, particularly in mobile and related fields.
What's next for Oosto?
The substantial enterprise-level funding and recent strategic investment position Oosto for accelerated growth and market expansion. This capital infusion is expected to fuel further development of its Vision AI capabilities, enhance its global distribution network, and strengthen its competitive edge in the rapidly evolving AI security and analytics market. Oosto's focus on ethical AI deployment suggests a strategic direction towards building trust and ensuring responsible innovation as it scales.
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