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Cortica

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Autonomous AI platform that enables the car to predict and react to any situation ensuring a safe, intelligent and efficient driverless driving experience

Tel Aviv-Yafo, IsraelFounded 2007Transportation
Valuation $100–250M Last recorded · 2023
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Cortica and the history behind them.

About Cortica

Cortica is a leading company in the field of Autonomous Artificial Intelligence (AI). The company has spent over $250 million in the past 15 years to develop a wide range of AI technologies. These technologies, which are protected by over 300 patents, enable machines to think and process information similarly to the human brain. This is achieved by shifting from traditional AI labels to generic representations, and indexing and compressing information into neural responses for efficient data processing.

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Cortica's AI technology is designed to be adaptable and efficient, using a minimal set of resources during processing. This results in superior performance and higher efficiency. The AI algorithms are self-learning, meaning they can adapt and learn in a dynamic environment without the need for manually labelled data. This makes them immune to data biases and capable of processing and indexing large volumes of data on low compute platforms.

Cortica's technology can handle any type of signal, including visual, audio, radar, and time series. This makes it versatile and applicable in a wide range of industries. One of its key partnerships is with Qualisense, where they are developing a self-learning AI quality inspection platform. This platform can train itself to detect defective parts with minimal user guidance, reducing the cost and time required to deploy automated inspection systems.

Another key application of Cortica's technology is in the automotive industry, where it is revolutionizing how deep learning is applied. Its self-learning approach mimics human driving perception, offering solutions for the next generation of vehicles and mobility. This results in safer, superior performance at lower energy consumption and less cost.

In summary, Cortica operates in the AI technology market, serving a wide range of industries with its self-learning, efficient, and adaptable AI technologies. Its business model involves developing and licensing its AI technologies to other companies.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2007
Headquarters
Tel Aviv-Yafo, Israel
Employees
28
Open positions
None listed
Dealroom signal
71.2/100
Sub-industry
Autonomous & Sensor Tech
Sector
Transportation
Technology
Artificial Intelligence, Hardware, Big Data, Deep Tech, Machine Learning, Deep Learning, Nanotech, Computer Vision, Autonomous & Sensor Tech, Connected Device, Recognition Technology, IoT InternetOfThings
Client focus
b2b
Investment activity
2 companies
Capital deployed
—
Preferred round
Unknown

Funding history

9 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES DOther financing Oct 2023 $40M $160M CVS Health · Ascension Investment Management ↗
SERIES DOther financing Apr 2023 $75M $300M Optum Ventures ↗
Showing the latest 2 of 9 recorded eventsBook a demo for the full funding history →

Growth signals

Cortica website traffic

Latest recorded traffic for Cortica is 3.5K monthly website visits, up 40% over the last three months. Cortica's team grew 0% over the past year.

Latest monthly visits3.5K 3-month web change+40% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

Series B and later6 investors entered at this stage

  • Lanta Capital Holdings
  • Ynon Kreiz
  • BlackPine
  • Optum Ventures
  • CVS Health
  • Ascension Investment Management

Other known investors1 additional known investor

  • Technion Israel Institute of Technology
Team profiled 23 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇮🇱 Israel78.6%
🇨🇳 China7.1%
🇮🇹 Italy7.1%
🇪🇸 Spain7.1%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Cortica on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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