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Attentive.ai offers AI-based
mapping products that extract building polygons, road features, high accuracy
and universally required contextual information of features in geospatial
imagery. Its mapping solution also helps in object detection and change
detection. The company leverages its proprietary deep remote sensing algorithm
to perform human-like reasoning and derive actionable insights from the
collected data.
Attentive.ai, a startup specializing in AI-driven software for the landscaping and construction industries has been founded in 2017. Co-founders of Attentive.ai are Shiva Dhawan, Sarthak Vijay, Rishabjit Singh and Aishwarya Maurya. Attentive.ai plans to expand its customer base by enhancing its products and marketing efforts. Attentive.ai has raised $7 million in a Series A funding round led by Vertex
Ventures Southeast Asia and India. The round also saw participation from
existing investors Peak XV’s Surge and InfoEdge Ventures, with a new secondary
investment from Mumbai-based Tenacity Ventures. The Delaware-based business
intends to broaden its market penetration in the United States and improve its
AI-driven products, Accelerate and Beam AI, using the money it has raised.
For a long time, site measurement and
project estimation in the construction and landscaping industries were done by
hand, which resulted in errors and inefficiencies. With the goal of streamlining
these procedures, cutting expenses associated with operations, and raising the
accuracy of bids for outside service contracts, Attentive.ai offers a solution
based on artificial intelligence and computer vision technology. Beam AI, an
AI-based sales automation platform for the construction industry, and
Accelerate, a business management software for outdoor services, are
Attentive.ai's two main products. It boost productivity and efficiency
by automating sales processes and operational workflows with Accelerate.
Beam AI, on the other hand,
focuses on automating blueprint tracing to produce various construction
estimates simultaneously during the estimating process for construction
projects. The
startup, which claims to have a $4 million annual recurring revenue rate, aims
to drive significant disruptions in the outdoor field services and construction
industries.