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Venture Capital News: Origin AI Secures $15.9M Series B Extension

2023-12-12
ROCKVILLE, MD, Origin AI™, a pioneering force in WiFi Sensing technology, today announced the successful close of its latest $15.9 million Series B extension round.
With Verisure at the forefront as the lead investor, the company has secured significant capital to accelerate its growth, expand its product portfolio, and bolster its support for customer deliveries.

This funding round witnessed enthusiastic participation from notable new investors, including Verisure and Okinawa Electric Power Company, and follow-on investors, Verizon Ventures and INSPiRE, all of whom have expressed confidence in Origin's vision and potential.

Origin AI is a pioneer in transforming WiFi signals into innovative WiFi Sensing technology and category leader providing precise presence sensing solutions for Fortune 500 ISP, security, and IoT companies with applications and services in property security, smart automations and eldercare. Leveraging its patented and award-winning AI, Origin AI detects and verifies human presence, offering unparalleled accuracy and security. WiFi can do more.
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