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INTENSEYE

Acquired by

LIGHTSPEED

UNITED STATES Software / Data, Analytics & AI 02/2024

Target

INTENSEYE

Acquirer

LIGHTSPEED

Context

Lightspeed Venture Partners has led a $64 million Series B financing round for Intenseye. The investment represents a significant capital injection aimed at accelerating the company's product development and global market expansion, following a period of strong customer adoption among large-scale industrial enterprises. The investment thesis is driven by the significant disconnect between increasing global safety regulations and the archaic, manual nature of current EHS software. Lightspeed identifies Intenseye as a unique operator capable of delivering immediate, tangible ROI through a proactive safety paradigm. The capital will support the scaling of the platform’s technical capabilities and the expansion of its footprint in adjacent verticals such as audit management and quality control, supporting a vision of a unified global industrial safety standard. This deal acts as a signal of the growing institutional interest in applying AI and computer vision to industrial automation. It underscores a shift in EHS spending away from simple reporting tools toward predictive, real-time analytics platforms.

INTENSEYE, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (13.6x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Intenseye is an advanced artificial intelligence and computer vision platform dedicated to transforming workplace safety within industrial environments. The company provides a software-agnostic solution that integrates seamlessly with existing video surveillance infrastructure to deliver real-time monitoring and hazard detection. By shifting the paradigm from reactive manual safety reviews to proactive, automated analytics, the platform empowers Environmental, Health, and Safety (EHS) teams to identify and mitigate operational risks before incidents occur. The company's value proposition is centered on the automation of safety compliance and hazard management, significantly reducing reliance on manual floor patrols. Through the application of proprietary AI models, Intenseye automatically flags potential violations, delivers immediate visual or audible alerts to personnel, and generates actionable data insights that improve organizational safety posture. The platform is designed to be highly scalable, serving diverse industrial verticals including consumer packaged goods, automotive manufacturing, and equipment production

Ent. Value

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (USD)

Year
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EBITDA
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2024
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2023
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Other operations with INTENSEYE

REFERENCES

Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).