Smart Eye AB

Smart Eye AB is a technology company specializing in Human Insight AI, focusing on advanced driver and cabin monitoring systems to enhance automotive safety through innovative eye tracking technology. Founded by Omar Asa'd, Smart Eye AB operates out of Gothenburg, Sweden. The company focuses on developing driver and cabin monitoring systems. They raised SEK 114 million in a funding round on September 19, 2018, marking the company's total funding at SEK 114 million.

The CEO is Martin Krantz. Smart Eye specializes in Human Insight AI, offering advanced driver and cabin monitoring systems that enhance automotive safety by integrating eye tracking technology. Key products include the Driver Monitoring System for detecting driver distraction and drowsiness, the Cabin Monitoring System for optimizing passenger safety, the Smart Eye Pro customizable eye tracker, and the Advanced Insight System (AIS) for real-time insights in critical environments. Their technology is implemented in 365 car models from 23 OEMs across North America, Europe, and parts of Asia, targeting transport companies, OEMs, and assistive technology developers.

In 2022, Smart Eye reported a revenue of SEK 21,776,671. 30 with an EBITDA of SEK -19,225,732. Revenue is generated primarily through B2B partnerships and long-term contracts with OEMs, involving one-time licensing fees and subscription services for technology support. Smart Eye AB plans to leverage its recent funding of SEK 114 million from September 2018 to further develop its product line and expand into new markets.

They aim to launch new features of their monitoring systems and grow their presence in North America and Asia by 2024.