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Facit
AI-powered video redaction and analytics platform
About Facit
Facit Data Systems, operating as Facit, provides an AI-powered platform for video redaction and analytics, designed to help organizations comply with privacy laws such as GDPR and CCPA. The company was founded in 2021 by Vaseem Khan and is headquartered in Milton Keynes, United Kingdom. Khan, the CEO, has a background in building and scaling technology products for various industries.
The core of Facit's offering is its software that automatically detects and redacts personal data from video footage, including faces, heads, bodies, and license plates. This service is crucial for businesses that use CCTV or other video surveillance and need to share footage without breaching privacy regulations. The platform leverages computer vision and machine learning, supported by two technology patents, to deliver fast and accurate redaction. It serves a diverse client base across more than 14 countries, including sectors like healthcare, retail, law enforcement, and transportation. Clients can use the software to process videos quickly, either on-premise or in the cloud, ensuring data security and compliance.
The business model is subscription-based, offering different pricing tiers based on the volume of video processing required. This structure provides a predictable revenue stream and allows clients to choose a plan that fits their needs, from small-scale users to large enterprises requiring extensive redaction capabilities. The platform is designed to be user-friendly, allowing users to redact videos in minutes without extensive technical expertise.
Source: Dealroom company dataKnowledge graph
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Growth signals
Latest recorded traffic for Facit is 9.9K monthly website visits, down 10% over the last three months. Facit's team grew 42.9% over the past year.
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Investors
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Other known investors1 additional known investor
Foresight Group
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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