Viatick

Viatick specializes in innovative solutions through its JARVIS platform, leveraging Artificial Intelligence (AI) and the Internet of Things (IoT) for enhanced sensory monitoring and real-time data analysis across various industries. Viatick operates with a focus on advanced sensory monitoring solutions. The company is headquartered in Singapore and was founded by Edmund Gair. In March 2021, Viatick raised USD 0.

48 mn in Seed funding, bringing its total amount raised to USD 0. 48 mn, with a current valuation of USD 7. 90 mn. Viatick's core product offering revolves around the JARVIS platform, which combines Artificial Intelligence (AI) and the Internet of Things (IoT) to deliver comprehensive solutions across various industries.

JARVIS facilitates sensory monitoring to enhance safety and prevent accidents while allowing for real-time data oversight and analysis. It features adaptable hardware and numerous templates tailored to specific organizational needs, enabling seamless reporting, trend monitoring, and predictive analytics. The JARVIS platform is utilized by a diverse clientele, including government organizations, healthcare providers, logistics companies, and private corporations, reflecting its versatility in addressing distinct requirements. The geographical markets for these products extend beyond Singapore, reaching clients in sectors such as healthcare, logistics, construction, and hospitality, where robust monitoring and data analysis capabilities are paramount.

In the most recent year, Viatick generated a revenue of USD 363,483. 20, with an EBITDA of USD -144,064. The company generates revenue through a structured transaction model that includes subscriptions and partnerships, focusing primarily on B2B engagements. Clients access the JARVIS platform via tailored pricing plans, which encompass various features such as sensory monitoring tools, data analysis capabilities, and predictive analytics functionalities.

This transaction model ensures consistent revenue streams as clients engage with the platform for ongoing support, updates, and enhancements. In March 2021, Viatick raised USD 0. 48 mn of Seed funding, which values the company at USD 7. 90 mn post-money.

The recent funding will support the development of new products and expansion into new geographic markets. Viatick is targeting enhancements to the JARVIS platform to launch additional features by the end of 2022, aiming to penetrate markets in North America and Europe by 2023.