Inivision AI, formerly known as Algocian, is an image recognition and video monitoring company headquartered in Toronto, Canada that was founded by Apostolos Dimitromanolakis and Krarim Ali in 2015. The companies video monitoring technology technology uses machine learning and artificial intelligence to analyze existing image and video data points to reduce the bandwidth costs of motion detection systems. The company participated in Class 76 - Mobility 2016 Summer cohort of Techstars.
On October 9, 2015 Invision AI received an undisclosed amount of non-equity assistance from Creative Destruction Lab.
On June 1, 2016 Invision AI completed their seed funding round with and undisclosed amount of seed funding from Techstars and Techstars Mobility Accelerator.
On November 1. 2017 Invision AI completed their second round of seed funding with $1.1 million in funding from Techstars Ventures, Ta Ventures Ontario Centres of Excellence, Level Eight Ventures, Jayant Group, and Fontinalis Partners.
Toronto-based AI Startup Invision AI Plans to Set up First Overseas Office in Taiwan - Meet Startup @ TW
June 15, 2018