CherryHome Secures $5.2 Million from GSR Ventures
CherryHome, the home AI security system created by startup Cherry Labs, has raised $5.2 million in a fresh funding round. This round was led by GSR Ventures to drive the technology’s use for in-home senior care.
CherryHome uses its proprietary computer vision algorithms to interpret camera data into virtual “skeletons”. These are used by the AI to understand and analyze home events and people’s behaviors, such as how someone might develop a limp over time, for instance.
The startup competes with Safely You, which sends alerts in response to very obvious falls, Nest and Lighthouse, which tend to only offer very basic AI over its imaging, Amazon’s Ring, which only offers outdoor security.
With CherryHome, all information is processed locally so the video doesn’t leave the hous...