Cerence

Cerence Inc. is a software company based in Burlington, Massachusetts, specializing in AI-powered solutions for connected and autonomous vehicles. The company develops mobility-based technologies that enhance the driving experience, offering a range of products including edge software components, cloud-connected components, toolkits, applications, and professional services. Cerence focuses on conversational artificial intelligence, which encompasses voice recognition and natural language understanding. Its primary customers are automobile original equipment manufacturers and their tier 1 suppliers. The company's revenue is generated through the sale of software licenses and cloud-connected services, with a significant portion coming from the United States, while also serving markets across Other Americas, Europe, the Middle East, Africa, Japan, and the Asia-Pacific region.

Prateek Kathpal

CTO, Technology and Executive Vice President

Marcy Klevorn

Board Member

Brian Krzanich

CEO

2 past transactions

Pinscreen

Seed Round in 2021
Pinscreen, Inc. is a technology company and visual effects studio based in Santa Monica, California, with a branch in Abu Dhabi, UAE. Founded in 2015 by Professor Hao Li, an expert in computer vision, Pinscreen specializes in advanced generative AI technologies for the film industry and interactive experiences. The company offers comprehensive solutions for AI-driven lip sync, face reenactment, face swaps, de-aging, and avatar digitization. Its innovative technology enables the creation of realistic three-dimensional avatars from selfies, facilitating immersive mixed reality experiences for consumers and scalable content creation tools for professionals. Pinscreen has collaborated with prominent filmmakers and production studios, including Netflix, Amazon Studios, and Warner Bros. Notably, the company achieved several milestones, such as developing the first real-time deepfake technology and demonstrating AI lip sync for a complete feature film. Pinscreen is recognized for its contributions to neural rendering and digital human technology, having received accolades like the Epic MegaGrants in 2020 and participation in the NVIDIA Inception Program.

CerebrumX

Series A in 2021
CerebrumX, based in Princeton, NJ, offers an AI-powered data management platform designed to unlock the potential of connected vehicle data. Its proprietary Advanced Deep Learning Platform (ADLP) processes real-time data from millions of connected vehicles, generating actionable insights that facilitate business innovation across various sectors, including automotive, media, insurance, and smart cities. The platform enables partners, such as OEMs and fleet companies, to create customized business use cases through an easy-to-use Development Interface and open APIs, enhancing the monetization of previously untapped data. CerebrumX prioritizes data privacy and consent management with its CerebrumX Secure Consent solution, which allows drivers to control the sharing of their information while ensuring compliance with regulations such as GDPR and CCPA. By providing AI-driven insights, CerebrumX aids companies in redefining fleet management, developing innovative insurance solutions, and contributing to efficient traffic management and sustainability initiatives, ultimately paving the way for a greener future.
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