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# Solink raises over $100M to turn security cameras into business data

**[The Next Web](https://daily.dev/sources/tnw)** · 2 min read · 0 upvotes · 0 comments

## Summary

Solink has raised more than $100M led by Vertu Capital, with Goldman Sachs Alternatives, Golub Growth and Comcast Ventures also joining. The Ottawa startup's AI analyzes footage from existing store, restaurant and warehouse cameras to flag theft, slow service and safety issues. It now covers 35,000 locations in 65 countries and 500,000 cameras, up from 18,000 locations in 15 countries at its 2023 Series C. Customer Take 5 Oil Change reports a 78% drop in drive-offs after adopting the system. Rivals Coram and Veesion have also raised funding, with Coram raising $35M for AI that searches camera footage and Veesion raising €38M to spot shoplifting.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/solink-100m-vertu-capital-ai-vision-cameras>

## Questions this post answers

### How much funding has Solink raised and who led the round?

Solink raised more than $100M in a round led by Vertu Capital, with Goldman Sachs Alternatives, Golub Growth and Comcast Ventures also participating. Solink is an Ottawa startup that turns existing security cameras in shops, restaurants and warehouses into business data on theft, service and safety issues. It previously raised a $60M Series C led by Goldman Sachs in 2023.

_Investors tracking AI funding rounds follow raises like Solink's on daily.dev._

### What results has Take 5 Oil Change seen from using AI security camera analytics?

Take 5 Oil Change saw a 78% drop in drive-offs after adopting Solink's AI camera analytics platform, which converts footage from existing cameras into data on theft, slow service and safety problems. Solink's customers also include Jack in the Box and PGA TOUR Superstore, and the platform covers 500,000 cameras across 35,000 locations in 65 countries.

_Teams evaluating loss-prevention AI weigh real-world results like this on daily.dev._

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