Algorized November 2024 Seed Funding Round

Algorized, an AI-powered platform specializing in people-sensing and positioning software, announced raising $4.3 million in seed funding. Led by the Amazon Industrial Innovation Fund and joined by Acrobator Ventures, Berkeley SkyDeck Fund, CoreNest Capital, and Shucker Ventures, the funding aims to support safer human-machine interactions. Algorized’s sensor-agnostic platform transforms off-the-shelf wireless sensors into people-detection tools, addressing safety in industries that use robotics and automation. CEO Natalya Lopareva emphasized that the funding will scale the team and platform for broader industrial, robotics, and automotive applications.