Highlights:

  • BrightAI claims that its platform will make it easier to detect equipment faults.
  • According to BrightAI, its edge AI hubs are operational in thousands of places, and it has so far deployed over 250,000 sensors for clients.

BrightAI Inc. raised USD 15 million in the seed funding round. The startup company helps businesses in managing physical assets effectively.

Chief Executive Officer, Alex Hawkinson, launched BrightAI in 2019. He had earlier co-founded SmartThings, a smart home software provider. In 2014, Samsung Electronics Co. Ltd. acquired

SmartThings. BrightAI offers a suite of software solutions to simplify device management duties, much like SmartThings, although it targets enterprise use cases rather than the consumer market.

“SmartThings focused on connecting millions of homes, while BrightAI is focused on outside of homes, solving for our critical infrastructure that human civilization relies on, from the water we drink to the power we consume,” Hawkinson said.

A cloud-based artificial intelligence platform is the main offering from BrightAI. It employs multimodal AI models that are capable of processing information from staff devices, industrial facility sensors, and other sources. To assist businesses in finding methods to streamline their daily operations, the models examine the data that has been gathered.

BrightAI claims that its platform will make it easier to detect equipment faults. The company claims that its AI models are able to identify technical problems in systems, including industrial HVAC units, before users see them. This lessens the impact of the issue on end users by enabling professionals to begin the debugging procedure earlier.

According to BrightAI, the manufacturing industry can also benefit from its platform. The company claims that industrial workers can gather information from the computers that manage their manufacturing machinery in order to identify methods for increasing productivity. In turn, utilities can use BrightAI’s software to evaluate data collected during infrastructure inspections faster.

To assist businesses in utilizing its platform, the company offers a range of supplementary hardware items. BrightAI provides what it calls “AI edge hubs,” which include cameras, sensors, and processing modules. For machine learning applications, the latter machines offer computing capability of up to 30 teraflops.

According to BrightAI, its edge AI hubs are operational in thousands of places, and it has so far deployed over 250,000 sensors for clients. Six sizable businesses in asset-heavy industries, such as the energy and HVAC sectors, have so far accepted the company’s solutions. According to reports, BrightAI makes around USD 80 million a year from those clients.

The company will be able to expand its customer base and improve its product line due to the seed round that was disclosed recently. Upfront Ventures provided the funding.