COMPANY INFO
Coactive's actual company name is Coactive Systems Inc., founded in 2021 by Cody Coleman and William Gaviria Rojas. The company has around 47 employees as of 2024 and is headquartered in San Jose, California. Its website is www.coactive.ai, and it operates in the Business/Productivity Software industry. Coactive develops an AI-based platform that empowers data practitioners and data-driven teams to unlock insights from unstructured image and video data using data-centric artificial intelligence. Their platform helps make visual data useful by integrating it into SQL environments with high-performance deep learning capabilities. (coactive.ai, tracxn.com, pitchbook.com)
Coactive AI is a business/productivity software company founded in 2021 by Cody Coleman and Will Gaviria Rojas. Headquartered in San Jose, California, Coactive AI operates at the forefront of the artificial intelligence industry. The company specializes in building an innovative AI-based platform that helps data practitioners and teams generate actionable insights from unstructured image and video data, enabling seamless integration into SQL environments with advanced deep learning capabilities. Coactive AI has approximately 47 employees as of 2024, and is committed to making visual data more useful and accessible in enterprise environments.
Coactive AI funding has been marked by significant milestones and growing investor confidence. Since its inception, Coactive AI has raised a total of $44 million across three funding rounds. Their funding journey began with a seed round in 2022 to launch and develop their core technology. Following this, a substantial Series A round in 2023 enabled product scaling and broader market reach. Most recently, the company attracted major venture capital support in a Series B round in 2024, achieving a $200 million valuation. The company’s funding strategy has focused on aligning with top-tier venture capitalists and strategic investors to drive technological advancement and business growth.
The Series B round was aimed at accelerating development of Coactive AI’s no metadata AI platform for image and video analytics, as well as expanding enterprise adoption. This funding will bolster product innovation and support customer growth initiatives.
Coactive AI’s Series A round supported the scaling of its core product, expansion into new markets, and development of deeper AI and machine learning features to empower enterprise customers.
The seed round provided capital for Coactive AI’s initial product development, go-to-market strategy, and foundational hiring to establish the company’s early traction.
Emerson Collective is a prominent venture capital and philanthropic organization, and played a leading role in Coactive AI’s Series B round. Their involvement signifies strong confidence in Coactive AI’s mission to disrupt the AI data analytics landscape.
As a lead investor in the Series B round, Cherryrock Capital brings strategic expertise and deep industry connections, supporting Coactive AI’s scaling efforts and enterprise focus.
A renowned Silicon Valley venture capital firm, Andreessen Horowitz participated in Coactive AI’s Series A round, bolstering the company’s product and market expansion with industry-leading expertise.
Bessemer Venture Partners co-led both the Seed and Series A rounds, providing ongoing support and mentorship as Coactive AI scaled its product and operations.
Greycroft is an experienced venture firm with investments across technology sectors. Their involvement represents additional validation of Coactive AI’s innovative approach and future growth potential.
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