TechVision Inc. Data Room
Series B Funding Round - 2023
Revenue Growth (2020-2023)
Revenue by Product
Company Overview
TechVision Inc. is a leading technology company specializing in artificial intelligence and machine learning solutions. Founded in 2015, we have grown to become a key player in the AI industry, serving clients across various sectors including healthcare, finance, and retail.
Our mission is to democratize AI technology and make it accessible to businesses of all sizes. We believe in the transformative power of AI to solve complex problems and drive innovation.
TechVision Inc. is incorporated in Delaware with headquarters in San Francisco, California. The company operates through three main divisions:
- TechVision AI Labs: Focused on research and development of core AI technologies.
- TechVision Solutions: Delivers custom AI solutions to enterprise clients.
- TechVision Ventures: Invests in promising AI startups and technologies.
The company has offices in San Francisco, New York, London, and Singapore, with a total workforce of 250 employees.
Company Documents
Leadership Team
Team Documents
Product Portfolio
Product Documents
Industry Analysis
Industry Overview
The artificial intelligence market is experiencing rapid growth, driven by increasing adoption across industries and technological advancements. The global AI market size was valued at $62.35 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 38.1% from 2023 to 2030.
Key trends shaping the industry include:
- Enterprise AI Adoption: Businesses across sectors are increasingly implementing AI solutions to improve efficiency, reduce costs, and gain competitive advantages.
- Specialized AI Applications: Industry-specific AI solutions are gaining traction, particularly in healthcare, finance, and manufacturing.
- Edge AI: The shift towards processing AI workloads on edge devices is accelerating, driven by the need for real-time processing and data privacy concerns.
- AI Regulation: Governments worldwide are developing regulatory frameworks for AI, focusing on ethics, transparency, and accountability.
Competitive Landscape
The AI industry is characterized by intense competition among established tech giants, specialized AI companies, and emerging startups. Key competitors include:
- Tech Giants: Google (DeepMind), Microsoft, Amazon, IBM, and Meta
- AI Specialists: OpenAI, Anthropic, Databricks, and C3.ai
- Vertical-Focused Players: Tempus (healthcare), Senseye (manufacturing), and Upstart (finance)
Industry Documents
Financial Overview
| Financial Metric | 2020 | 2021 | 2022 | 2023 (Projected) |
|---|---|---|---|---|
| Revenue | $12.4M | $28.7M | $47.2M | $68.5M |
| Gross Profit | $7.8M | $18.2M | $31.5M | $47.9M |
| Operating Expenses | $9.2M | $15.8M | $19.0M | $24.6M |
| EBITDA | -$1.4M | $2.4M | $12.5M | $23.3M |
| Net Income | -$2.1M | $1.2M | $8.7M | $16.4M |
Funding History
| Date | Round | Amount | Lead Investor |
|---|---|---|---|
| Jan 2016 | Seed | $2.5M | Tech Ventures |
| Mar 2018 | Series A | $12M | Innovation Capital |
| Nov 2020 | Series B | $35M | Global Growth Partners |
| Jun 2023 | Series C | $75M | In Progress |
Valuation History
Financial Documents
Key Metrics
Growth Metrics
User Metrics
Unit Economics
SaaS Metrics
| Metric | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 |
|---|---|---|---|---|---|
| MRR ($M) | 2.8 | 3.2 | 3.7 | 4.1 | 4.8 |
| ARR ($M) | 33.6 | 38.4 | 44.4 | 49.2 | 57.6 |
| Churn Rate (%) | 2.8 | 2.5 | 2.2 | 2.0 | 1.8 |
| Net Dollar Retention (%) | 118 | 122 | 128 | 132 | 138 |
| ARPU ($) | 285 | 295 | 310 | 325 | 345 |
Customer Satisfaction
Product Usage
Metrics Documents
All Documents
| Document Name | Category | Type | Last Updated | Size | Actions |
|---|---|---|---|---|---|
| Company Overview | Company Information | May 15, 2023 | 2.4 MB | ||
| Financial Model | Financials | XLSX | May 10, 2023 | 1.8 MB | |
| Market Analysis | Industry | April 28, 2023 | 5.2 MB | ||
| Product Roadmap | Products | May 5, 2023 | 3.5 MB | ||
| Organization Chart | Team | May 10, 2023 | 1.2 MB | ||
| Executive Bios | Team | April 15, 2023 | 2.8 MB | ||
| Technical Specifications | Products | April 20, 2023 | 4.5 MB | ||
| Annual Report 2022 | Financials | Feb 15, 2023 | 8.2 MB |