iSEE, Inc.

iSEE, Inc. specializes in autonomous yard truck solutions, leveraging AI technology to optimize logistics operations and enhance efficiency in industrial environments. Founded in 2016 in Cambridge, US, iSEE, Inc. focuses on providing advanced autonomous yard trucks.

The company has completed 4 deals, with its most recent funding round occurring on November 15, 2022, where it raised USD 40. 000 mn in SERIES B funding led by Founders Fund, alongside other investors including Eniac Ventures, Maersk Growth, and New Legacy Capital. The current company valuation stands at USD 126. 199 mn.

The founders, Debbie Yu and Yibiao Zhao, have a history of involvement in technological innovations, contributing to the formation and growth of the company. iSEE AI specializes in advanced autonomous yard truck solutions designed to enhance operational efficiency within industrial environments. Their core product offering includes fully autonomous yard trucks that integrate AI technology to improve yard operations by streamlining load movement and job completion. These trucks facilitate seamless vehicle-vehicle and human-vehicle coordination, anticipating potential challenges in dynamic settings.

Targeted at logistics and supply chain sectors, iSEE AI serves clients including distribution centers and manufacturing facilities across North America and select markets in Europe and Asia. The solutions are engineered to work alongside human operators, ensuring smooth transitions to increased automation without significant disruptions. iSEE AI generates revenue through direct sales of autonomous yard trucks and service agreements related to maintenance and software updates. The business model focuses on B2B transactions, with clients typically being large-scale industrial operators benefiting from enhanced yard efficiency.

Revenue is structured around one-time equipment purchases complemented by ongoing service contracts, which may include software subscriptions for AI updates and system enhancements. This approach enables iSEE AI to establish long-term relationships with clients, positioning itself as a key partner in the automation of logistics operations. In November 2022, iSEE, Inc. raised USD 40.

000 mn in SERIES B funding led by Founders Fund to scale operations and accelerate business growth. The company plans to enhance its product line with new autonomous technology solutions aimed at improving yard management and operational efficiency. iSEE AI is also targeting expansion into new geographic markets, specifically looking to reach additional regions in Europe and Asia by 2024, leveraging its recent funding to support these initiatives.