RadiusAI

About RadiusAI

RadiusAI, established in 2017, is a computer vision analytics company based in Tempe, Arizona, that provides real-time data to enhance operational efficiency for enterprise-level clients primarily in the retail and healthcare sectors. The company was co-founded by a team including Susan Sly, Jeff Cox, Aykut Dengi, Bobby Chowdary, and Chris Arkeveld. Susan Sly, who serves as Co-CEO alongside Aykut Dengi, has a background in leading sales teams that generated over $2 billion in revenue and is a recognized entrepreneur and author. Jeff Cox acts as the Executive Chairman, while Abhinav 'Bobby' Chowdary, with a background in big data architecture and software development at firms like Wells Fargo, serves as the CTO.

The firm's core business revolves around a B2B SaaS model, offering its technology through a subscription plan. RadiusAI's platform integrates with existing camera systems to deliver actionable insights without requiring new hardware installation. This technology, which includes the patented Viztel™ artificial intelligence, analyzes video streams to understand customer journeys, identify operational bottlenecks, and interpret human actions and experiences in real-time. By doing so, it helps businesses reduce costs, improve revenue, and increase overall profit.

A key product offering is ShopAssist, an AI-powered self-checkout solution that uses computer vision for rapid and accurate transactions, aimed at reducing shrinkage and improving employee productivity. Another application, RAI Health, was developed to create safer environments by using thermal and regular cameras to monitor for fever, mask usage, and social distancing, saving significant time for healthcare staff. The company has formed strategic partnerships with major enterprises like Lenovo, NVIDIA, and Intel. Since its inception, RadiusAI has secured funding through several rounds, including a significant Series B investment in April 2024, demonstrating investor confidence in its growth trajectory.