Cipia

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Safety and driving assist tools
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Cipia (formerly Eyesight Technologies) is an Israel-based company that develops in-cabin sensing solutions for automakers. Its solutions—driver monitoring systems (DMS) and occupancy monitoring systems (OMS) for cars and fleets—are developed using edge-based computer vision and AI.


The company’s product portfolio includes “Driver Sense,” a DMS that can track drivers and their real-time state (e.g., drowsiness, distraction, wearing a seatbelt/facemask, smoking); “Cabin Sense,” an OMS that can monitor the entire in-car environment (e.g., seat occupancy, posture, child seat, passenger identification, object detection); and “Cipia-FS10/Plus,” an aftermarket video telematics and driver monitoring device for fleets and telematics system providers. The company pitches its products toward OEMs and Tier-1 suppliers. Cipia claims that the lean nature of its software facilitates a low-cost product offering to OEM customers.


Key customers and partnerships

Cipia had a total of 67 design wins across 11 car manufacturers across Europe, China, and the US as of July 2024. The list includes SAIC Motors, Chery, several unnamed companies, including a global OEM, and several unnamed automakers based in Europe (a sport car OEM, family car manufacturer and two commercial vehicle manufacturers), the US, and China.

The company also introduced a new in-cabin sensing solution for OEMs in partnership with edge AI semiconductor company, Ambarella , in June 2023.


Funding and financials

In September 2022, Cipia raised over USD 9 million (NIS 32.6 million) in funding via private investment in public equity (PIPE). The funding was led by a private company owned by Cipia’s stakeholder and board member Alexandre Weinstein. The company intended to use the funds for further product development and to expand its operations globally with an emphasis on the US, Europe, and China.


HQ location:
8 Maskit St. Herzliya ISR
Founded year:
2005
Employees:
51-100
IPO status:
Public
Total funding:
USD 55.0 mn
Last Funding:
USD 9.1 mn (Post IPO Equity; Sep 2022)
Last valuation:
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