Brighter AI
Financials
Estimates*
EUR | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | <1m | <1m | - | 2.9m | 4.5m |
% growth | - | 13 % | - | - | 53 % |
Profit | (<1m) | (1.6m) | (2.1m) | - | - |
% profit margin | (157 %) | (366 %) | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | €150k | Convertible | |
€500k | Grant | ||
* | N/A | Series A | |
* | N/A | Series A | |
* | N/A | Early VC | |
Total Funding | CAD975k |
Recent News about Brighter AI
EditBrighter AI is a technology company specializing in visual redaction solutions, leveraging generative artificial intelligence to anonymize images and videos. The company primarily serves businesses that handle large volumes of visual data, such as those in the automotive, surveillance, and retail sectors. Operating in the data privacy and compliance market, Brighter AI addresses the stringent requirements of regulations like GDPR in Europe, CSL in China, and CCPA in the United States. Its core product, Deep Natural Anonymization Technology (DNAT), uses neural networks to generate artificial faces and license plates that are indistinguishable from real ones, ensuring compliance without compromising data utility. The business model revolves around offering its technology as a service, either on-premise, in the cloud, or at the edge, allowing for seamless integration into existing workflows. Revenue is generated through licensing fees and subscription models. Brighter AI's innovative approach has earned it accolades such as the Deep Tech Award 2020 and recognition as one of the hottest AI startups in Germany.
Keywords: visual redaction, generative AI, GDPR compliance, image anonymization, video anonymization, neural networks, data privacy, automotive sector, surveillance, retail.