What is Paravision?
Founded in 2013 and headquartered in San Francisco, Paravision—formerly known as Ever AI—has established itself as a cornerstone in the identity verification and security landscape. The company specializes in sophisticated face recognition platforms that prioritize precision and reliability, serving a diverse clientele that includes global security device manufacturers, systems integrators, and financial services institutions. By focusing on high-stakes environments where error margins are non-existent, Paravision has carved out a defensible niche in the competitive artificial intelligence market. Their technology is engineered to meet the rigorous demands of modern digital and physical security, ensuring seamless authentication across complex infrastructures.
How much funding has Paravision raised?
Paravision has raised a total of $47M across 3 funding rounds:
Series A
$8M
Series B
$16M
Other Financing Round
$23M
Series A (2016): $8M with participation from Cherubic Ventures, Khosla Ventures, and Felicis Ventures
Series B (2017): $16M led by Khosla Ventures, Icon Ventures, and Felicis Ventures
Other Financing Round (2021): $23M supported by Red Cell Partners, Perot Jain, HID Global, J2 Ventures, ATOMIC, Marlinspike Capital, and Icon Ventures
Key Investors in Paravision
Khosla Ventures
Khosla Ventures provides venture assistance and strategic advice to entrepreneurs working on breakthrough technologies, focusing on a broad range of areas including AI, fintech, and robotics.
Icon Ventures
Icon Ventures is an early-stage venture capital fund based in Palo Alto, CA, specializing in investing in AI-native and AI-powered companies to create enduring value.
Felicis Ventures
Felicis is a Menlo Park-based venture capital firm that raises multistage funds to invest in early and growth-stage technology companies across sectors such as SaaS, AI, and fintech.
What's next for Paravision?
The recent capital injection positions Paravision to accelerate its product roadmap and expand its footprint within the global security ecosystem. As the demand for AI-native identity solutions continues to surge, the company is well-positioned to leverage its existing partnerships with industry leaders to scale its operations. Strategic focus will likely remain on enhancing the robustness of its computer vision algorithms and deepening its integration capabilities within enterprise-level security frameworks. By maintaining a commitment to high-performance, ethical AI, Paravision is poised to define the next generation of secure, automated identity verification, ensuring long-term value creation for its stakeholders and clients alike.
See full Paravision company page
