SightBit Overview
SightBit provides AI-powered solutions for enhancing safety and security around open water. Using deep-learning computer vision, their system detects and classifies human presence, predicts drowning risks, and identifies hazards such as tsunamis and rip currents. The technology can be deployed with standard video cameras, requiring no additional sensors or customization. SightBit's system transmits real-time data to control rooms, triggering alarms and alerts to prevent accidents and manage environmental risks. It also supports security by monitoring open water areas for unauthorized access and detecting pollution spills.
Cumulative Funding Raised Over Time ($)
$2.0MDec 2020
$2.5MDec 2021
$2.5MJun 2019
$3.5MMar 2023
Latest News
growth-positive
SightBit appoints Etan Hadaya as new CEO, replacing founder who fell in Gaza | CTech
AI drowning prevention tool Sightful has appointed Etan Hadaya as its new CEO. Hadaya brings a wealth of experience in leading international companies in the technology, communications, and life sciences sectors. Sightfuls system uses computer vision, AI, and big data analysis to monitor beaches in real time, identifying dangerous situations and alerting rescue teams. The technology has already proven successful in pilots in locations such as Tel Aviv, Ashdod, California, Brazil, Dubai, Australia, and Canada. Sightful has raised a total of $2 million from the InNegev incubator and other strategic investors.
Management ChangesInvestment
Growth-Negative
CEO of startup developing life-saving system killed in battle in Gaza | CTech
Adam Bismut, the founder of Israeli startup SightBit, was killed in a battle in the Gaza Strip. SightBit, founded four years ago, developed an AI system that locates drowning people at sea and alerts rescuers. The company was established after Bismut witnessed a drowning incident. The system uses AI and computer vision algorithms to analyze video feeds, identify occurrences in the water, and alert lifeguards and other relevant personnel. SightBit raised a $1 million seed round last August, bringing its total funding to $2 million.
Management Changes
growth-positive
SightBit seas a future in revolutionizing lifeguard technology | CTech
SightBit, an AI company that aims to revolutionize lifeguard technology, has raised $2 million in funding. The companys technology uses IP cameras to detect currents, waves, and water conditions, and alerts lifeguards and first responders to any occurrences in the water. The system covers eight times wider ranges, making lifeguarding services more efficient and effective. The company plans to use the funding for further R&D, marketing, and team expansion. SightBit aims to penetrate the $9 billion lifeguard market, serving beach agencies, national and regional lifeguarding agencies, and parks organizations, among others.
InvestmentExpand
growth-positive
טביעת ענק: הסטרט אפ הישראלי שיוציא אותנו מהמים - וואלה! כסף
Israeli start-up SightBit has developed a system that uses artificial intelligence and computer vision to monitor water sites and identify drowning risks. The system, which the company claims is the first of its kind, analyses data from video cameras pointed at open water, classifying the information and generating real-time insights that allow on-site teams and site managers to respond quickly to any event. The system has already saved dozens of lives. SightBit was founded in 2020 and has raised approximately $2 million from investors including InNegev, the Innovation Authority, Ben Gurion University, and private strategic investors.
InvestmentCustomers
growth-positive
הסטארטאפ SightBit - הראשון לסיים את תוכנית ההאצה של חממת InNegev | New-Tech OnLine
SightBit, an Israeli startup, has developed an artificial intelligence-based system for detecting risk situations and drowning in open water sites. The system, the first of its kind in the world, analyzes information from regular video cameras overlooking open water, classifies the information, and produces accurate real-time insights. The company has conducted pilots and installations of the system on beaches in Tel Aviv, Ashdod, New York, California, Brazil, and Canada. SightBit was established as a project at Ben-Gurion University and was the first to complete the acceleration program of the InNegev incubator.
CustomersExpand
| Sector | Industrial Technologies |
Funding
| Total funding | $3.55M |
| Last funding | $1M |
| Stage | Seed |
| Rounds | 4 |
| Investors | 2 |
Team Members
5
Employees: 1-10
Web & Social Links
| Website | www.sightbit.com |
Locations
Rahat, Israel
Photos & Videos
3 item(s)
SightBit Business
Business models
B2B, B2G
Product stage
Released
Employees
1-10
Sector
Industrial TechnologiesTarget Customer
Industrial ManufacturingManufacturing FacilitiesDefense, Safety & SecuritySafetyNational SecurityMilitaryCivilGovernment & CityGovernmentCore Technology
Platforms & InterfacesSoftwareArtificial IntelligenceImage RecognitionComputer VisionTags (9)
deep-learningdata-managementalert-systemartificial-intelligencesmart-cityimage-recognitionsafetycomputer-visionpublic-safetySightBit Financials
$3.55M
Total funding
Undisclosed
Capital raised
$1M
Last funding
Seed
Funding stage
4
Total rounds
2
Investors
Cumulative Funding Raised Over Time ($)
$2.0MDec 2020
$2.5MDec 2021
$2.5MJun 2019
$3.5MMar 2023
Private Equity Funding
Seed
Mar 2023
$1M
InNegev (Lead)
Pre-Seed
Dec 2021
$550K
Pre-Seed
Dec 2020
$2M
InNegev
Convertible Debt
Jun 2019
Undisclosed
Cactus Capital
SightBit Lifecycle
Cumulative Funding Raised Over Time
$2.0MDec 2020
$2.5MDec 2021
$2.5MJun 2019
$3.5MMar 2023
All Events
Seed
Mar 2023
$1M
InNegev (Lead)
Pre-Seed
Dec 2021
$550K
Pre-Seed
Dec 2020
$2M
InNegev
Convertible Debt
Jun 2019
Undisclosed
Cactus Capital
SightBit News
25 articles
growth-positive
SightBit appoints Etan Hadaya as new CEO, replacing founder who fell in Gaza | CTech
AI drowning prevention tool Sightful has appointed Etan Hadaya as its new CEO. Hadaya brings a wealth of experience in leading international companies in the technology, communications, and life sciences sectors. Sightfuls system uses computer vision, AI, and big data analysis to monitor beaches in real time, identifying dangerous situations and alerting rescue teams. The technology has already proven successful in pilots in locations such as Tel Aviv, Ashdod, California, Brazil, Dubai, Australia, and Canada. Sightful has raised a total of $2 million from the InNegev incubator and other strategic investors.
Management ChangesInvestment
Growth-Negative
CEO of startup developing life-saving system killed in battle in Gaza | CTech
Adam Bismut, the founder of Israeli startup SightBit, was killed in a battle in the Gaza Strip. SightBit, founded four years ago, developed an AI system that locates drowning people at sea and alerts rescuers. The company was established after Bismut witnessed a drowning incident. The system uses AI and computer vision algorithms to analyze video feeds, identify occurrences in the water, and alert lifeguards and other relevant personnel. SightBit raised a $1 million seed round last August, bringing its total funding to $2 million.
Management Changes
growth-positive
SightBit seas a future in revolutionizing lifeguard technology | CTech
SightBit, an AI company that aims to revolutionize lifeguard technology, has raised $2 million in funding. The companys technology uses IP cameras to detect currents, waves, and water conditions, and alerts lifeguards and first responders to any occurrences in the water. The system covers eight times wider ranges, making lifeguarding services more efficient and effective. The company plans to use the funding for further R&D, marketing, and team expansion. SightBit aims to penetrate the $9 billion lifeguard market, serving beach agencies, national and regional lifeguarding agencies, and parks organizations, among others.
InvestmentExpand
growth-positive
טביעת ענק: הסטרט אפ הישראלי שיוציא אותנו מהמים - וואלה! כסף
Israeli start-up SightBit has developed a system that uses artificial intelligence and computer vision to monitor water sites and identify drowning risks. The system, which the company claims is the first of its kind, analyses data from video cameras pointed at open water, classifying the information and generating real-time insights that allow on-site teams and site managers to respond quickly to any event. The system has already saved dozens of lives. SightBit was founded in 2020 and has raised approximately $2 million from investors including InNegev, the Innovation Authority, Ben Gurion University, and private strategic investors.
InvestmentCustomers
growth-positive
הסטארטאפ SightBit - הראשון לסיים את תוכנית ההאצה של חממת InNegev | New-Tech OnLine
SightBit, an Israeli startup, has developed an artificial intelligence-based system for detecting risk situations and drowning in open water sites. The system, the first of its kind in the world, analyzes information from regular video cameras overlooking open water, classifies the information, and produces accurate real-time insights. The company has conducted pilots and installations of the system on beaches in Tel Aviv, Ashdod, New York, California, Brazil, and Canada. SightBit was established as a project at Ben-Gurion University and was the first to complete the acceleration program of the InNegev incubator.
CustomersExpand
growth-positive
By Accident or Design
The article discusses various safety innovations by Israeli inventors. Adam Bismuth developed SightBit, an AI-based early-warning system for detecting and predicting drowning incidents. Elisha Korel invented Foxi-Finder, a smart watch with a built-in telephone and GPS sensor for tracking children or adults. Dr. Niles Fleischer developed AlgoShield, a software that extends the life of lithium-ion batteries and prevents safety hazards. Itzik Moyal invented ILock, a window lock to prevent children from opening windows from inside and burglars from outside. Assaf Wolfson developed SNEX, a fire-extinguishing cube that can put out fires within seconds.
CustomersExpand
growth-positive
SightBit won the Israeli Watertech Challenge competition - Insurtech Israel News
SightBit, an Israeli startup, has won the Israeli Watertech Challenge competition, an initiative by the Israeli Water Authority. The company developed a unique technology that uses simple video cameras to read open water, detect and track hazards, people, and other objects. The technology analyzes the data and provides valuable insights into water conditions and peoples behavior, with a special focus on drowning prevention. This technology will be used to monitor creeks throughout Israel.
Customers
הזמן הירוק בכאן 11 מארחים את סייטביט
חופים הם לפעמים מקום מסוכן מאוד
I-24 High Tech News
סייטביט מתארחים בפותחים יום ערוץ 13
growth-positive
מי כמונו מוכן למבול? הסטארטאפ הישראלי שמציל את חופי ישראל
SightBit, an Israeli startup, has developed an artificial intelligence (AI) system that can identify potential dangers in water bodies. The system, which is the first of its kind in the world, uses electronic vision to scan the sea and alert about people in distress. The company has successfully implemented various projects across Israel and several other countries, and is now expanding to additional countries in Europe and Asia. SightBits system can be easily installed on any beach, providing unprecedented safety levels and significant cost savings. The company has recently added capabilities to monitor, predict, and manage floods, which are increasingly common due to global warming.
InvestmentExpand
חופים חכמים: הפיתוח הישראלי שיציל אתכם מטביעה - המהדורה המרכזית
growth-positive
הטכנולוגיה הישראלית שמאתרת מצבים מסוכנים בים ומתריעה בפני המציל
Israeli company SightBit has developed an artificial intelligence system that can read the sea state and alert lifeguards when someone is in danger. The system, which is already operational in Ashdod, can also automatically issue warnings without human intervention. The technology works by analysing real-time video from cameras installed along the coastline. The companys algorithms can read the movements of the water and understand their significance. The system is currently operational at the Masada beach in Ashdod, where lifeguards have a monitor in their rescue huts and the cameras are installed about a kilometre away.
Expand
מכת הטביעות: כיצד מתמודדים עם הסכנה? מערכת סייטביט
growth-positive
Israeli firm hopes AI can curb drownings
SightBit, an Israeli company, has developed an artificial intelligence program that uses surveillance cameras to detect drowning threats. The program analyzes the movement of individuals in the water and sends alerts to lifeguards if a threat is detected. The technology has been in use for over a year in Ashdod, Israel, and has helped improve safety in areas away from lifeguard towers. SightBit aims to save lives in a country that experiences dozens of drowning deaths each year. Last year, 29 people died during Israels beach season, with 21 of them in areas without lifeguard services.
Customers
growth-positive
AI Lifeguard Upgraded To Predict Potential Dangerous Flooding
Israeli startup Sightbit, originally focused on using AI to alert lifeguards to swimmers in danger, has expanded its technology to detect and predict dangerous water situations, including floods. The companys deep learning computer vision technology can monitor water levels, direction, size, and movement, and provide real-time alerts to control rooms and users. Sightbits technology can be used with any off-the-shelf camera and does not require special sensors. The company has received financial backing from Innegev ventures and Cactus Capital, and has agreements and pilot programs in various locations around the world for its drowning prevention and flood detection technology.
CustomersExpand
growth-positive
SightBit - An AI-Powered Monitoring, Prediction, and Prevention System for Aquatic Sites
SightBit, an artificial intelligence startup, is using deep learning and computer vision to prevent drowning incidents. The company develops a system that uses image recognition and deep learning to analyze live videos of swimmers and detect potential drowning situations. By enhancing standard cameras with AI software, SightBit can provide real-time alerts to lifeguards and aquatic agencies, allowing for quick response and potentially saving lives. The company offers software-only subscriptions and prefers to utilize cloud computing resources. SightBits founder and CEO, Netanel Eliav, has a background in business and management, as well as expertise in deep learning, computer vision, and product design.
CustomersPartnersExpand
growth-positive
WATCH: Israeli Incubator Invests in Startup Saving Lives on Beaches United with Israel
InNegev, an Israeli incubator, has made its first major investment in the AI-lifeguard startup SightBit. SightBits technology provides lifeguards with real-time data on swimmer whereabouts and changing beach conditions. The investment is seen as a positive growth opportunity for InNegev.
Investment
growth-positive
Can an AI lifeguard make beaches safer?
Israeli startup Sightbit has developed an AI lifeguard system that helps human lifeguards monitor beaches and identify potential hazards. The camera-based system assesses risks and shares real-time information with lifeguards, allowing them to act early and prevent accidents. The AI lifeguard units consist of three cameras that cover a strip of beach, and they can identify water hazards 80% faster than a person. Sightbit is particularly useful for crowded beaches, as it allows larger areas to be monitored without increasing the number of lifeguards. The system is currently being fine-tuned to reduce false positive alerts. Other tech initiatives, such as the Shark Smart app and Smart Beaches project, are also being developed to enhance beach safety.
CustomersPartners
growth-positive
Netanel Eliav, CEO of Sightbit - Interview Series - Unite.AI
Sightbit, a global development project that utilizes AI and image recognition technology to prevent drowning, is conducting a pilot program at Palmahim Beach in partnership with the Israel Nature and Parks Authority. The system uses cameras to transmit real-time information to lifeguards, alerting them to swimmers in distress and potential dangers. Sightbit is currently raising funds as part of a seed round and has received funding offers from investors around the world. The long-term potential of Sightbit is to enable agencies to monitor more shoreline at lower costs, improve water safety at various aquatic sites, and provide risk analytics and management insights.
CustomersPartnersInvestment
growth-positive
Sightbit deploys AI on beaches to help lifeguards spot distressed swimmers
Sightbit, an Israel-based company, is using AI and computer vision technology to help lifeguards detect potential drowning incidents and other hazardous situations. The companys system augments standard cameras with deep learning algorithms to identify and alert lifeguards to risks in real-time. The technology aims to assist lifeguards in their duties rather than replace them, providing additional vantage points and early detection capabilities. Sightbit recently launched a pilot program at Palmachim Beach in Israel and plans to expand to beaches in the US and Europe. The company is also part of a growing trend of smart beach initiatives that use technology to enhance beach safety. Sightbit is currently raising funds as part of a seed round.
Customers
growth-positive
Israel pilots AI lifeguard tech for safer beaches
Israeli startup Sightbit has developed an artificial intelligence and image-recognition solution to revolutionize ocean rescue. The technology provides lifeguards with real-time data on swimmer whereabouts, changing winds, waves, and hazards. Sightbit also offers crowd-management solutions, weather updates, and estimates of lifeguard requirements. The company began a full-scale pilot of the technology at Palmahim Beach in collaboration with the Israel Nature and Parks Authority. Sightbit received pre-seed funding from Cactus Capital, a student-run venture capital firm at Ben-Gurion University. The founders are aware of other startups working on similar technologies but none have been deployed yet.
Customers
growth-positive
Israeli AI Lifeguard Helps Prevent Drowning As Beach Season Opens
Israeli startup Sightbit has launched its first pilot program at Palmachim Beach, using AI technology to alert lifeguards of potential drowning incidents. The program aims to turn the beach into one of the first smart beaches in Israel, equipped with cutting-edge AI and computer vision technology. Sightbits camera system expands the lifeguards scope of observation, providing real-time alerts, tracking swimmers, and warning of potential hazards. The companys goal is to assist lifeguards in their duties and improve beach safety. Sightbit conducted initial pilots at other beaches in Israel and has been invited to conduct trials at beaches in Europe and the United States.
Customers
growth-positive
Israeli Drowning Prevention Startup Sightbit Says Its Tech Can Revolutionize Beach Rescue
Israeli startup Sightbit has developed a system of beach cameras that utilize computer vision technology to prevent drowning incidents. The cameras provide lifeguards with a panoramic view of the water and swimmers, allowing them to make rapid rescues or prevent dangerous situations. Sightbits algorithms analyze the footage in real-time and display warnings or sound alarms when a threat is detected. The system also offers risk analytics and real-time data on hazards. The startup aims to revolutionize ocean rescue and save lives, while also saving money for beach management authorities. Sightbit has received funding from Cactus Capital and is currently in a pilot program with the city of Ashkelon in Israel.
Customers
SightBit Team
Employee Info
| Employees (range) | 1-10 |
| Exact count | 8 |
| Team members | 5 |
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SightBit Internal
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Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 516059409 |
| Crunchbase | sightbit |
| Phone | 0506807504 |
| Creator | Jenny Sotnik-Talisman |
| Creator email | genys30@yahoo.com |
| Last updater | Yanina Wainscheinker |
| Updater email | yanina.wainscheinker@sncentral.org |
| Last update | 2023-08-10T00:00:00.000Z |
| Created | 2019-07-23T00:00:00.000Z |
| Claimed | Yes |