SRI Ventures

SRI Ventures is a nonprofit research and technology development organization based in Silicon Valley, originally founded in 1946 as the Stanford Research Institute. It became independent in 1970 and has since established itself as a leader in innovation, notable for creating the computer mouse, interactive computing, and Siri. SRI focuses on delivering world-changing solutions that enhance safety, health, and productivity across various fields, including computing, chemistry, education, energy, health, national defense, and robotics. The organization conducts sponsored research and development for government agencies, commercial businesses, and foundations, effectively bridging the gap between research and marketable products. SRI Ventures also plays a crucial role in technology licensing and the formation of spin-off companies, enabling the practical application of its advancements. In 2014, SRI reported consolidated revenues of approximately $540 million.

Chris Cowart

Managing Director

Claude Leglise

Executive Director, Center for Innovation Leadership

Ryan Lewis

Senior Director

Nyema Mitchell

Research Analyst

Todd Stavish

Managing Director

Csaba Szabo

Global Commercial Development Director

Edgar Kalns Ph.D

Director of Studio on Aging, Information and Computing Sciences

25 past transactions

Prevasio

Seed Round in 2021
Prevasio is a pioneering company specializing in Cloud Security Posture Management (CSPM) that integrates vulnerability assessment and anti-malware scanning specifically for Docker containers. The company's mission is to provide a comprehensive and affordable solution that combines the advantages of traditional CSPM with enhanced attack prevention capabilities. Prevasio's platform conducts swift scans of cloud assets to identify misconfigurations based on best practices and compliance standards. Additionally, it assesses vulnerabilities and scans for malware in both public and private containers, ensuring a robust security posture for containerized applications. Notably, Prevasio operates without agents or servers, enabling rapid scalability and minimal costs per scan. The integration process is user-friendly, requiring only a few clicks to connect to cloud accounts. Furthermore, as a portfolio company of SRI, Prevasio utilizes proprietary AI technology to enhance its cybersecurity threat detection capabilities through unsupervised machine learning.

Wingsure

Venture Round in 2021
Wingsure is a digital insurance enterprise focused on supporting farmers through technology-driven risk management solutions. The company has developed an insurance platform that offers personalized insurance products and advisory services specifically tailored for small farmers. By leveraging advanced technology, Wingsure provides instant access to digital insurance, aiming to enhance financial resilience and economic empowerment for rural communities. The enterprise is committed to promoting the sustainability of livelihoods for farmers, ensuring they have the resources and support needed to navigate the risks associated with agriculture.

Accuknox

Seed Round in 2021
AccuKnox is a provider of zero-trust kubernetes security solutions. AccuKnox is advancing a Zero Trust run-time Kubernetes security platform that leverages an identity-driven approach.

Authenticiti

Seed Round in 2020
Authenticiti, Inc. develops a blockchain-based supply chain data platform designed for manufacturers. The Authenticiti platform aggregates critical order-to-cash data, eliminating data silos and providing real-time visibility into supply chain processes. It streamlines operations by automating manual reconciliation, reducing lead times, and preventing service level agreement disputes. The platform also supports track and trace capabilities, dispute resolution, and vendor-managed inventory. Founded in 2016, Authenticiti is headquartered in San Francisco, California, with additional offices in Toronto, Canada, and Los Angeles, California.

Passio.ai

Venture Round in 2020
Passio Inc. operates as a machine learning company, which develops and offers real-time food recognition application. It offers passio nutrition platform, which provides enterprise-ready tools for fast nutrition tracking, real-time nutrition insights and engagement. The company's application empowers their users with tools for seamless food tracking and nutrition insights. The company was incorporated in 2016 and is based in Menlo Park, California.

OTO Systems

Seed Round in 2019
OTO Systems is an SRI International spin-off venture building the next generation in speech tech by merging the modalities of words + intonation for a much deeper understanding of conversations. OTO Systems' platform uses AI to coach call center representatives in real-time during each call, allowing businesses to deliver a hyper-personalized customer experience at scale.

MyShubhLife

Series A in 2019
MyShubhLife is a full stack financial services provider for the Next Half Billion. With Real-time analytics and credit reports based on alternative data, MyShubhLife reaches unserved and underserved market segments to provide meaningful financial inclusion. MyShubhLife has further strengthened its financial inclusion goal through its financial wellness program for corporates and individuals by expanding its portfolio to include Mini and Micro loans, Insurance, Mutual Fund SIPS, Tax filing service and more.

Latent AI

Seed Round in 2019
Latent AI, Inc. develops a platform for optimization for edge devices that enables smart Internet of things (IoT) applications. It offers Latent AI Efficient Interence Platform (LEIP) that enables developers to train, quantize, and deploy edge AI neural networks. The company’s LEIP is designed for AI, embedded, and software application developers to enable, deploy, and manage AI for the edge. Latent AI, Inc. was incorporated in 2018 and is based in Menlo Park, California. It has additional office in Skillman, New Jersey.

Pulse

Seed Round in 2019
Loop Team is a virtual office that brings the best parts of an office environment to distributed teams to help them communicate faster and more effectively, capture and disseminate face-to-face discussions in an asynchronous way, and stay more connected than ever.

REscan

Seed Round in 2018
REscan Inc., founded in 2015 and headquartered in Redwood City, California, specializes in the digitization of commercial real estate using simultaneous localization and mapping technologies. The company creates 3D digital representations of interior spaces, making them accessible for remote viewing, analysis, and editing. By leveraging artificial intelligence, REscan annotates large indoor environments from a human perspective, enhancing professional workflows and facilitating infrastructure mapping. Its platform allows clients to visualize and interact with their properties in a more efficient manner, making them ready for extended reality applications.

Scotty Labs

Seed Round in 2018
Scotty Labs, Inc., based in Menlo Park, California, specializes in technology that allows remote control of self-driving cars. Founded in 2017 as a spin-out from SRI International, Scotty Labs focuses on enhancing the interaction between humans and autonomous vehicles. The company has developed a tele-operations platform that enables operators to control vehicles in dynamic environments, emphasizing the importance of human oversight in addressing the challenges faced by driverless technology. By integrating human-centric autonomy with advanced teleoperation capabilities, Scotty Labs aims to improve safety and efficiency in the transportation sector. As of August 2019, Scotty Labs operates as a subsidiary of DoorDash, Inc.

Seismic

Series A in 2017
Seismic Holdings, Inc. engages in production and development of apparel with built-in flexible electric motors that help the wearer with everyday tasks. It was formerly known as Superflex, Inc. and changed its name to Seismic Holdings, Inc. in August 2016. The company was founded in 2015 and is based in Menlo Park, California. Seismic Holdings, Inc. operates as a subsidiary of SRI International, Inc.

LeoLabs

Seed Round in 2017
LeoLabs, Inc. operates phased-array radars to track objects in low Earth orbit, providing high-resolution data to enhance space situational awareness. Founded in 2015 and based in Menlo Park, California, the company focuses on the protection of satellites and the management of space debris. Its services include rapid orbit determination, early operational support, and ongoing orbit awareness, which are essential for preventing collisions in this shared and critical resource. LeoLabs serves a diverse clientele, including commercial satellite operators, government regulatory bodies, and space agencies, helping them conduct safe and sustainable operations in space. The company's innovative collision avoidance platform aims to modernize satellite operations and improve the overall stewardship of low Earth orbit.

Abundant Robots

Seed Round in 2016
Abundant Robotics, Inc. is dedicated to automating orchard harvests through advanced robotic technology, specifically focusing on apple harvesting. Founded in 2015 and located in Hayward, California, the company provides Harvest-as-a-Service solutions that leverage robotics to enhance productivity in agriculture. By integrating computer vision and machine learning, Abundant Robotics develops systems designed to efficiently pick apples, enabling farmers to reduce labor costs and increase yield. The company emerged from research conducted at SRI International, where experts in robotics collaborated to address significant challenges in the agricultural sector. Abundant Robotics aims to deliver practical solutions that meet the urgent needs of farmers, contributing to a more efficient and sustainable agricultural industry.

Kasisto

Seed Round in 2014
Kasisto, Inc. is a company that specializes in developing a conversational platform for financial institutions, enabling them to enhance customer engagement through virtual personal assistants. Its core offering, KAI, is a digital experience platform that facilitates the creation of branded virtual assistants and chatbots capable of delivering personalized experiences across various channels, including mobile apps, websites, and voice-activated devices. The platform includes solutions such as KAI Consumer Banking, which offers engaging experiences for users, and KAI Business Banking, providing immediate access to crucial financial information and services. Additionally, KAI Investment Management helps customers articulate their financial goals and receive tailored insights. Founded in 2013 and headquartered in New York, Kasisto also has offices in Mountain View, California, and Singapore, positioning itself as a key player in improving customer interactions in the banking sector.

Hello Curry

Seed Round in 2014
Hello Curry is a pioneering fast-food chain in India, founded by Raju Bhupati and Sandeep Penmatsa in 2014. It operates as an Internet-first, asset-light model, focusing on delivering fresh Indian cuisine through a unique quick service restaurant (QSR) approach. With 29 outlets across four cities, Hello Curry aims to expand its presence globally, targeting ten outlets per city over the next five years. Its innovative KICK (Kitchen in Commercial Kitchen) model enables rapid setup in partner kitchens, enhancing productivity and reducing overall costs. The brand is recognized for its exceptional packaging, awarded both the Best QSR Restaurant in South India and the best packaging award. To support its growth strategy, Hello Curry has made strategic acquisitions, including Paratha Post and Fire 42, and has partnered with the Pune-based fast-food chain EatSome. The company is focused on expanding its footprint in major Indian cities such as Delhi, Chennai, Hyderabad, Bangalore, Mumbai, and Kolkata, while ensuring a seamless online food delivery experience for its customers.

Tempo AI

Series A in 2013
Tempo AI is a developer of a smart calendar application designed to enhance work activities and scheduling. Launched in February 2013, the Tempo Smart Calendar mobile app functions as an intelligent assistant, helping users manage their time more efficiently. The application is context-aware, offering personalized experiences that minimize the effort required for routine tasks. It continuously learns from user patterns and behaviors to optimize its features. Key functionalities include automated passcodes for conference call access, real-time driving directions, flight status updates, and the ability to browse online profiles of conference attendees, all aimed at streamlining the user's daily schedule and improving productivity.

Desti

Seed Round in 2013
Desti is an innovative travel planning service that leverages artificial intelligence and natural language processing to enhance the way individuals search for and plan their trips. Unlike traditional search methods that require users to sift through numerous results and reviews, Desti provides tailored recommendations for accommodations, attractions, and activities based on specific user preferences. This technology enables users to ask detailed questions about their travel needs, such as finding family-friendly hotels near the beach. By streamlining the travel planning process, Desti aims to make it more enjoyable and efficient, reminiscent of personalized services offered by traditional travel agents. The company, a recent spinout from SRI International, is dedicated to transforming the travel experience through its advanced AI-driven platform.

Tout

Series B in 2012
Tout is an innovative company that serves as a television network for the Internet, offering personalized video programming through its patented AI technology. Originating from the Stanford Research Institute, Tout's platform tailors video content based on user identity and location, enhancing viewer engagement. The company collaborates with over 300 content producers and 3,500 publishers to boost online video revenue. With a remarkable delivery of over 400 million video streams to 85 million unique viewers each month, Tout provides significant scale and brand safety for Fortune 1000 advertisers seeking to connect with high-quality, contextually relevant video content. Headquartered in San Francisco, Tout partners with prominent media brands such as CNN, Fox Sports, and Time Inc. to facilitate personalized viewing experiences across the web.

Trapit

Series A in 2012
Trapit is an online platform that facilitates authentic employee advocacy and social selling. By providing technology that delivers high-quality, relevant content, Trapit enables employees to engage effectively on social media, fostering meaningful conversations with customers and prospects. The platform enhances personalized search and web discovery, helping businesses increase sales revenue and expand brand reach. Trapit’s clients, including notable companies like Everbank, HD Vest, and Microsoft, utilize its innovative solutions to run campaigns that yield measurable returns on investment. Headquartered in San Francisco, California, Trapit is dedicated to connecting brands with their employees and customers through engaging and authentic content.

Tempo AI

Seed Round in 2011
Tempo AI is a developer of a smart calendar application designed to enhance work activities and scheduling. Launched in February 2013, the Tempo Smart Calendar mobile app functions as an intelligent assistant, helping users manage their time more efficiently. The application is context-aware, offering personalized experiences that minimize the effort required for routine tasks. It continuously learns from user patterns and behaviors to optimize its features. Key functionalities include automated passcodes for conference call access, real-time driving directions, flight status updates, and the ability to browse online profiles of conference attendees, all aimed at streamlining the user's daily schedule and improving productivity.

Siri

Series B in 2009
Siri is a virtual personal assistant developed by Apple, initially incorporated into the iPhone starting with the 4S model. The technology was originally created by SRI International, which spun off Siri, Inc. in 2007. Siri, Inc. launched a personal assistant app in February 2010, and the company was subsequently acquired by Apple later that year. In October 2011, Apple officially introduced Siri as a feature of the iPhone 4S, enhancing user experience through voice recognition and natural language processing capabilities. Today, Siri serves as a key component of Apple's ecosystem, offering users assistance with various tasks and inquiries.

Siri

Series A in 2008
Siri is a virtual personal assistant developed by Apple, initially incorporated into the iPhone starting with the 4S model. The technology was originally created by SRI International, which spun off Siri, Inc. in 2007. Siri, Inc. launched a personal assistant app in February 2010, and the company was subsequently acquired by Apple later that year. In October 2011, Apple officially introduced Siri as a feature of the iPhone 4S, enhancing user experience through voice recognition and natural language processing capabilities. Today, Siri serves as a key component of Apple's ecosystem, offering users assistance with various tasks and inquiries.

PacketHop

Acquisition in 2007
PacketHop is a leader in intelligent wireless video networks and broadband mesh communications systems. With expertise in wireless multimedia technology that revolutionizes the deployment of broadband networks for video surveillance, PacketHop provides public safety and private security agencies with improved access to surveillance videos feeds for incident management and resolution. PacketHop's patented technology provides unparalleled quality of service and performance for wireless video. PacketHop's technology and products are covered by more than 20 issued patents and pending applications.
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