Cortica

About:

Cortica is a technology company developing AI capable of learning and reacting on its own.

Website: http://www.cortica.com

Twitter/X: Cortica

Top Investors: VK (ex. Mail.Ru Group), Horizons Ventures, CVS Health Ventures, University of Wisconsin Foundation, LRVHealth

Description:

Cortica is an Israeli company founded in 2007 with leading AI technology for visual perception. Its unique self-learning technology, backed by more than 200 patents, allows Cortica to develop multiple products that can read and understand images on a human level­–thereby significantly exceeding the capabilities of the major tech companies. Cortica is the first AI company capable of human-level image understanding. Even the most advanced technology has never been able to understand the visual world as well as people do - until now. By leveraging proprietary brain research to create unsupervised AI, Cortica has developed the most effective computer vision system. This technology, based upon the mammal cortex is utilized to build products impacting many industries. The company’s mission is to lead the emerging AI market with a strong focus on computer vision and establish its "universal visual index of the world" as the global standard­­–enabling machines to read and understand images. Cortica's vision is to embed its capabilities in all next-generation platforms where understanding images is a critical task. This includes autonomous vehicles, smart city applications, security cameras, drones, media, robotics, and medical image analysis. Cortica's headquarters and R&D center are based in Israel employing over 80 leading AI researchers and veterans of elite Israeli military intelligence units.

Total Funding Amount:

$109M

Estimated Revenue Range:

$50M to $100M

Headquarters Location:

Tel Aviv, Tel Aviv, Israel

Founded Date:

2007-01-01

Contact Email:

info(AT)cortica.com

Founders:

Igal Raichelgauz, Karina Odinaev

Number of Employees:

51-100

Last Funding Date:

2023-10-03

IPO Status:

Private

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