Agent Video Intelligence Ltd.

Agent Video Intelligence Ltd. specializes in video analytics technology, providing automated solutions that enhance video surveillance and monitoring for various sectors, ensuring efficient and effective security management. Founded in 2003 in New York, US, Agent Video Intelligence Ltd. develops advanced video analytics solutions.

The company was acquired by Irisity AB in September 2021 for USD 70 mn, transitioning from previous investors including 21Ventures and Motorola Solutions Venture Capital. The company has completed a total of 6 deals. Agent Video Intelligence Ltd. offers a range of video analytics products designed to enhance security and surveillance operations.

Their solutions include real-time monitoring, data analytics, and intelligent alerting systems that cater to various industries, ensuring clients can effectively manage their surveillance needs. Agent Video Intelligence Ltd. generates its revenue through the sale of video analytics software and services, with clients engaging in direct transactions to select solutions tailored to their operational needs. Their pricing model varies based on the complexity and scale of the services provided, ensuring a steady revenue stream from both initial sales and ongoing support contracts.

Following its acquisition in September 2021, Agent Video Intelligence Ltd. aims to leverage Irisity AB's resources to develop new products and expand its presence in international markets. The company plans to introduce enhanced analytics capabilities by mid-2023 and targets expansion into European and Asian markets over the next two years, utilizing the USD 70 mn raised from the acquisition to fund these initiatives.