Insight certainty 4/5 debate potential 2/5

Tamiste: Computer vision requires narrow niches because general vision AI does not exist

Tavi Tamiste · Camera Analytics SaaS Hits $6k MRR, Raised $1.5m at $4m Valuation · Nov 28, 2021 · at 6:00

Tavi Tamiste, CTO of Fima.ai, explains why his computer vision startup focuses exclusively on fixed CCTV camera angles rather than broader visual automation.

0:00 / 0:10exact quote · 10.4s
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“You can only do it in a specific niche. And in computer vision, we're doing it in the CCTV camera angle because you can at least not yet make an AI algorithm that can, you know, look at everything.”

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More from Tavi Tamiste

Assertion Not checkable as stated
Tamiste: Fima.ai deploys camera analytics in 20 seconds
“And now with FIMA, you can do it in 20 seconds, basically.”
Tavi Tamiste Nov 28, 2021 ▶ 5:46 Camera Analytics SaaS Hits $6k MRR, Raised $1.5m at $4m Valuation
Assertion Not checkable as stated
Tamiste: Fima.ai Is Among First Hardware-Free Computer Vision Startups
“So we're one of the first companies out there who doesn't deal in any hardware. We take your existing CCTV cameras push the stream to our AI brain and give you data out.”
Tavi Tamiste Nov 28, 2021 ▶ 1:59 Camera Analytics SaaS Hits $6k MRR, Raised $1.5m at $4m Valuation
Disclosure
Fima.ai had around 50 paid cameras on its network last month
“I think around 50.”
Tavi Tamiste Nov 28, 2021 ▶ 7:01 Camera Analytics SaaS Hits $6k MRR, Raised $1.5m at $4m Valuation
Disclosure
Fima.ai generates around $5,500 monthly revenue due to pilot phase pricing
“Not that much, because the thing is that most of these are still in pilot phase. So we're doing around half that, I think.”
Tavi Tamiste Nov 28, 2021 ▶ 7:22 Camera Analytics SaaS Hits $6k MRR, Raised $1.5m at $4m Valuation
Disclosure
Fyma Raised Pre-Revenue Seed Round at Around 5M Valuation
“Don't quote me on this because I don't remember by heart, but I think it was around five million.”
Tavi Tamiste Nov 28, 2021 ▶ 11:00 Camera Analytics SaaS Hits $6k MRR, Raised $1.5m at $4m Valuation
Assertion Not checkable as stated
Tamiste: Fima.ai has experienced zero unplanned customer churn
“Churn currently has only been for, you know, short term projects that were meant to be short term projects. But no one has actually churned from being a customer to not being a customer yet.”
Tavi Tamiste Nov 28, 2021 ▶ 13:04 Camera Analytics SaaS Hits $6k MRR, Raised $1.5m at $4m Valuation
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