What is Paravision?
Founded in 2013 and formerly known as Ever AI, Paravision has established itself as a critical infrastructure provider for face recognition technology. The company specializes in delivering high-accuracy biometric solutions that are integrated by global security device manufacturers, systems integrators, and financial institutions. By focusing on environments where technical errors carry profound consequences, Paravision has carved out a defensible niche in the identity management market. Its platform is engineered to meet the rigorous demands of enterprise-level security, positioning the firm as a trusted partner for organizations requiring robust, scalable, and secure authentication protocols in an increasingly digital-first global economy.
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 Felicis Ventures, Khosla Ventures, and Cherubic Ventures
Series B (2017): $16M led by Icon Ventures, Felicis Ventures, and Khosla Ventures
Other Financing Round (2021): $23M supported by ATOMIC, Perot Jain, Marlinspike Capital, J2 Ventures, Icon Ventures, HID Global, and Red Cell Partners
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, enterprise software, and financial services.
Felicis Ventures
Felicis is a Menlo Park-based venture capital firm that raises multi-stage funds to invest in early and growth-stage technology companies across sectors such as SaaS, AI, and fintech.
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.
What's next for Paravision?
Looking ahead, Paravision is well-positioned to leverage its recent capital influx to accelerate product development and deepen its penetration into high-growth markets. As the demand for secure, AI-driven identity verification continues to surge, the company is expected to focus on enhancing its edge-computing capabilities and expanding its suite of enterprise-grade security tools. By maintaining its commitment to accuracy and ethical AI deployment, Paravision is poised to capitalize on the broader industry shift toward automated, frictionless, and highly secure identity verification systems, ensuring its continued relevance in the competitive landscape of advanced computer vision.
See full Paravision company page
