Latent AI revenue hit $4.7M in 2024

Latent AI generates revenue from customers

Latent AI

Menlo Park, California, United States

About Company RevenueTeamFounder/CEOCEO Net Worth

How Latent AI hit $4.7M revenue with a 42 person team in 2023.

Latent AI, Inc., an early-stage venture spun out of SRI International, focuses on crafting solutions aimed at revolutionizing AI processing by enabling the adaptive edge. This innovative approach positions Latent AI as a pioneer in facilitating more efficient AI deployment in edge computing environments. The company has successfully garnered strong financial backing from several industry-leading investors and enjoys robust support from Fortune 500 clients, highlighting the strong market confidence in its vision and technological offerings. The core of Latent AI's technology is encapsulated in its Latent AI Efficient Inference Platform (LEIP™), a groundbreaking platform that significantly enhances AI's feasibility at the edge. LEIP™ achieves this by optimizing critical performance metrics such as compute requirements, energy consumption, and memory usage, all without necessitating any modifications to the existing AI/ML infrastructure and frameworks. This capability ensures seamless integration and implementation in various applications, making it a highly versatile and scalable solution for edge AI challenges. The company was co-founded by Jags Kandasamy and Sek Chai, both of whom bring a wealth of industry experience and an extensive R&D background to the table. Their expertise spans several critical areas, including machine learning AI with a focus on lifelong learning, computer vision, embedded systems, IoT applications, and efficient computing. This diverse skill set has positioned Latent AI to effectively address the complex demands of enabling efficient AI at the edge. Latent AI has recently completed a significant milestone by closing its $3.5 million seed round of financing. This round was led by Steve Jurvetson at Future Ventures, with notable contributions from SRI International Ventures, Perot Jain, and Gravity Ranch, among others. This financial injection not only underscores the confidence these leading figures and entities have in Latent AI's potential but also equips the company with the resources needed to further its development and deployment of cutting-edge AI solutions. For more information or to follow Latent AI's journey, the company can be found online at their website https://latentai.com, on Twitter @latentai, or on LinkedIn. This direct engagement offers a window into the latest developments, achievements, and insights from the team, effectively keeping interested parties informed about the advancements in making AI more adaptable and efficient at the edge. In summary, Latent AI, Inc. is at the forefront of a technological revolution, aiming to redefine the landscape of edge computing through its innovative adaptive edge solutions. With strong backing, an experienced founding team, and a clear vision for the future, Latent AI is well-positioned to lead the charge in making AI processing at the edge more efficient and practical for a wide range of applications.

Founded

2018

Founded

Revenue

$4.7M

2023 Revenue

YOY

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YOY

Funding

$0

Funding

Latent AI Revenue

In 2023, Latent AI revenue run rate hit $4.7M in revenue.

  • 2023

    Latent AI hit $4.7M in revenue in 2023

  • 2018

    Latent AI launched in 2018 with $0 revenue

Latent AI Funding History


No funding has been reported for Latent AI yet.

Team

Latent AI has 42 total employees.

DISTRIBUTION QTY
Total team size 42

Founder / CEO

Jags Kandasamy

Q&A

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Customers

Churn

Latent AI Executives

Name Position Working Email Personal Email
Jags Kandasamy CEO [email protected] -

Latent AI Employees

Name Position Working Email Personal Email
Jags Kandasamy CEO [email protected] -

Frequently Asked Questions about Latent AI

  • When was Latent AI founded?

    Latent AI was founded in 2018.

  • How much revenue does Latent AI generate?

    Latent AI generates $4.7M in revenue.

  • Who is the CEO of Latent AI

    The CEO of Latent AI is Jags Kandasamy.

  • How much funding does Latent AI have?

    Latent AI raised $0.

  • How many employees does Latent AI have?

    Latent AI has 42 employees.

  • Where is Latent AI headquarters?

    Latent AI is headquartered at Menlo Park, California, United States

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