Early Game Ventures announces a seed investment in Servo AI, a startup at the intersection of computer vision and AI, which provides retail, HoReCa, and other brick-and-mortar businesses with unique real-time insights based on CCTV camera footage, helping them streamline their operations. The €1.2 million round is fully funded by Early Game Ventures from Early Game Fund II.
Traditionally, CCTV cameras in restaurants, shops, and other commercial spaces have played a passive role in the daily operations of these establishments. Servo AI transforms them into active and intelligent data collectors, providing real-time insights to business owners. The information provided can be used to optimize processes,workflows and quality of service. Until recently, this type of information was available exclusively to online businesses.
By utilizing artificial intelligence to analyze live video streams, Servo AI enables companies to identify bottlenecks in their daily operations, optimize staffing and customer service response times, and enhance location security and compliance with applicable laws through real-time monitoring of spaces. At the same time, by analyzing data, Servo AI provides companies with a comprehensive view of customer behavior, enabling them to refine their services.
Fueled by EGV’s investment, Servo AI will expand its operations into Romania, establishing a technical hub and hiring a core part of its product development team to capitalize on the country’s highly skilled and competitive workforce. The company will also be expanding its sales efforts across the Central and Eastern European countries.
Why Servo AI?
“At Early Game, we are always looking to invest in startups developing disruptive technologies that align with our investment thesis — AI-first companies that use the latest technologies to create extraordinary user experiences and that demonstrate intrinsic virality. The 1.2 million euro investment we allocated in this seed round for Servo AI fits perfectly with Early Game’s strategy,” said Cristian Munteanu, Managing Partner of Early Game Ventures.
Market Opportunity
Restaurants and other brick-and-mortar businesses have long struggled with limited access to critical business data, which has put them at a disadvantage compared to online businesses. E-commerce platforms offer a range of analytics on user behavior, but traditional businesses have lacked similar tools until now.
Servo AI is thus a pioneer in the field of real-time operational information, offering a new set of AI-based tools to brick-and-mortar business owners, based on which they can develop their businesses more efficiently.
“Given the growing demand for AI-based business efficiency tools, we see significant potential for Servo AI to expand beyond the hospitality industry to retail and other service industries. Servo AI has the potential to become a dominant player by implementing a freemium model, which facilitates faster and easier adoption,” added Cristian Munteanu.
By lowering the barrier to entry for its technology, Servo AI can quickly attract a large number of businesses to its customer base, transforming its product into an indispensable tool. This strategy creates a network effect, where businesses that start with a free plan later upgrade to premium services as they realize the full value of the platform. By quickly capturing market share, Servo AI can position itself as the reference AI-based solution, outperforming the competition and solidifying its position as an industry leader.
With a strong team, an innovative product, and an extraordinary market opportunity, Servo AI has the potential to revolutionize the way conventional, brick-and-mortar businesses operate.
Amit Frenkel, founder & CEO of Servo AI, is a global business leader with broad experience working for top multinationals in the tech and consumer goods sectors. Amit is an entrepreneurial thinker using multidisciplinary approaches combined with solid academic knowledge acquired in INSEAD and Wharton.
Nizan Rosh, Servo AI cofounder, is an end-to-end software development professional with 17 years of experience working for leading tech firms, as well as industry-disrupting startups. Nizan is a creative problem solver with a proven track record across multiple business verticals and different coding environments.
