How Much Did Cloudastructure Raise? Funding & Key Investors

Cloudastructure has successfully raised funding over seven rounds, with the latest being a Post-IPO Equity round. The company is backed by ten investors, including recent contributors Dean Bartosh and Upward.

Cloudastructure offers AI-driven video surveillance and remote guarding solutions, enhancing security and reducing costs. Keep reading to explore the intricacies of Cloudastructure's fundraising journey and the investors backing this innovative platform.

What Is Cloudastructure?

Cloudastructure, founded in 2003, is based in Palo Alto, California. The company specializes in AI-driven video surveillance and remote guarding solutions, aiming to prevent crime before it happens. Their services cater to various industries, including multifamily housing, commercial properties, storage facilities, construction sites, trucking & logistics, and educational campuses.

With a workforce of 11-50 employees, Cloudastructure offers solutions like Video Surveillance as a Service (VSaaS) and Access Control as a Service (ACaaS). The company is publicly traded under the ticker NASDAQ:CSAI and has raised funding through multiple rounds. Rick Bentley is noted as a key figure in the company's leadership.

How Much Funding Has Cloudastructure Raised?

1. Seed Round
   • Amount Raised: Not publicly disclosed
   • Date: May 2019
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To kickstart the company's operations and develop its initial product offerings.
2. Convertible Note
   • Amount Raised: USD 750,000
   • Date: August 2016
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To secure early-stage funding for product development and market entry.
3. Equity Crowdfunding
   • Amount Raised: USD 750,000
   • Date: March 2020
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To expand the company's reach and enhance its product offerings.
4. Equity Crowdfunding
   • Amount Raised: USD 20,000,000
   • Date: June 2020
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To scale operations and invest in new technology.
5. Undisclosed Round
   • Amount Raised: USD 28,000,000
   • Date: July 2021
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To expand sales and marketing teams and invest in R&D.
6. Post-IPO Equity
   • Amount Raised: USD 4,500,000
   • Date: March 2025
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To further scale the business and enhance product capabilities.
7. Post-IPO Equity
   • Amount Raised: USD 3,000,000
   • Date: April 2025
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To support ongoing growth and technological advancements.

Total Amount Raised: USD 56,000,000. Current Valuation: Not publicly disclosed.

Key Investors

• Dean Bartosh
  • Details: Dean Bartosh is an individual investor known for his involvement in early-stage startups. He has a keen interest in technology-driven companies.
  • Investment Focus Areas: Technology, AI, Cloud Infrastructure
  • Notable Investments: Cloudastructure
• Upward
  • Details: Upward is an investment organization that focuses on supporting innovative technology companies. They aim to drive growth and scalability in their portfolio companies.
  • Investment Focus Areas: Technology, SaaS, Cloud Infrastructure
  • Notable Investments: Cloudastructure

What's Next for Cloudastructure?

Cloudastructure stands at the cusp of significant growth, driven by the increasing demand for cloud-based video surveillance solutions. With a recent $28 million funding round and an additional $21 million in exercisable warrants, the company is well-positioned to expand its sales and marketing teams and invest in R&D. The market potential is vast, with many firms still using outdated systems, and the COVID-19 pandemic has accelerated the adoption of Cloudastructure's technology in critical sectors like airports, universities, and hospitals.

Future fundraising opportunities are promising, with plans to increase the Reg A+ offering to $75 million. This additional capital will enable Cloudastructure to scale its operations and enhance its AI capabilities, integrating with other IoT sensors and door access control systems. However, the company will need to navigate challenges such as competition from other providers, ensuring data security, and keeping pace with rapid technological advancements in AI and machine learning.

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