B2B Software & Services - Security & Privacy: Company presentation by Daniel Sozonov, Co-Founder of o.vision at the NOAH Conference London 2019, 30-31 October, Old Billingsgate.
4. Our Proprietary Technology
& Team
Our Algorithm:
We own all of our IP
0.2 sec for recognition time: the fastest on the market by at least 2.5x
Developed with support from: AWS Activate and NVIDIA Inception
Processed Data: 1,5M ID’s, 25M pictures
Accuracy: FP (1:10,000), FN (5:10,000) June ’19
*Based on real world testing at various locations
Our Team:
Founders educated at UCL (UK), and Suffolk U. (US)
Two data scientist / ML learning engineers with
Masters in Mathematics
Tech lead with 10 years in IT, and 3 in CV
Embedded Systems Engineer
Backend Developer
Our system finds the nearest face
within its FOV
It checks whether it is a real
individual through our
anti-spoofing programme
This information is sent to the
ACS and if a match is found, the
speed gate opens
LFW dataset: Oct ‘19
TP (true positive) under zero FP (false
positive) = 95.53%
At our speed of 5 FPS:
Probability of false negative = 0.047 ^ 5 =
0.00000023%
Probability of false positive = 0%
Disclaimer: LFW doesn’t verify commercial readiness
Compares the face with those in
the database
5. 1 1
2
3
Very slow, unreliable
Cheap cost-price
1
2
3
Focused on cctv
facial recognition
Working with
governments
Focused on more
profitable and
easy to scale use cases
vs
Competitors
Security
Systems
Corporations
Purchase off the
shelf software
Most
Complete
Product
Combining
Hardware
Software
Expertise
on the market
Facial
Recognition
Companies
6. Prestige
Design
Decrease
any Friction
Created by previous red
dot award winner
Positive first-impression
for client-facing
businesses
Easy Guest
Registration
Financial Benefit
High throughput at start/end
of working day
Using mobile app or on
location within 1-2 min
Money saved from employees not
exchanging keycards and clocking in to
work as well as requiring less security
guards
Offices & Accommodation
Early
Adopters
Large
Co-working,
Student Accommodation,
Universities, Accelerators
Multi-national Corporations
and Production Facilities
Corporations
Plan
7. Eliminates the ticket scalping market:
$15.2B market size
Increase customer satisfaction:
Due to frictionless access
Minimises queues:
Due to speed of throughput
Recognise problematic customers:
By blacklisting individuals
Entertainment & Sports Venues
Our product is uniquely suited for this use case because of:
VIP
Areas
Speed
Lanes
General
Public
SPEED OF THROUGHPUT AND EASE OF REGISTRATION
1 2 3
8. Ease of Use and Data Privacy
Plug and play:
Simple integration within existing ACS
framework
GDPR Compliant:
All personal data is stored client-side,
and unaccessible to us
Easy Onboarding:
Through a mobile app with just one
picture, or through existing photos
Academic Research study with University College London, UK
Launching two research studies with the world-leading UCLIC Centre of Excellence in
Human-Computer Interaction teaching and research
We will investigate:
“How do people react to and interact with private use of facial recognition for access
control. How can we inform, or act to help build trust with users and create
distinctions between public potentially unethical use and private use for the purpose
of convenience of this technology“
We will also study how personality of users affects this,
and how we can create a better perception of our technology
9. UCL School of Management
in Canary Wharf on the 38th floor
of One Canada Square
We are planning to launch a
pilot project within the next
few weeks
High-end gym
To automate their check in process
and cut down on front-of-house
staff
Our Current Customers &
Future Projects
In their business incubator/accelerator space
For the impression it creates of a
high-tech workspace
Polytechnic University
of St. Petersburg:
Ginza FitFashion:
JDE (Kraft Heinz):
For the ease of registration and security
The largest coffee processing plant in Europe
Now
Later
10. Raising Investment &
Corporate Partners
45%
30%
15%
10%
FOR THE PURPOSE OF:
Expanding our sales and marketing team in London
Expanding our development team
Setting up for mass production
Setting up our support services in London
Raising £0.7M to £1Mfrom strategic investors
We have raised 0.2M from our pre-seed round investors
(HNWI’s) and have an ongoing commitment from them so
we value a strategic partner over investment
Finding a corporate partner
to scale production, sales,
or implementation
Setting up paid pilot projects
at select partner organisations
Current Reduced Price:
£2,000 upfront cost + £500 p.m. for leasing and servicing
INCLUDED:
Full installation, and integration with ACS
Any employee training, and educational material
Onboarding, and registration
Technical support & maintenance
ADDITIONAL:
Custom integration with your mobile
or web application
Custom design of device
*All Prices are subject to variation and changes
12. Selected Completed NOAH Transactions
Focus on Leading European Internet companies
Covering over 400 companies across 25 online
verticals, a broad range of over 500 investors as
well as 100+ online-focused corporates
Deep understanding of industry dynamics
Ability to add value beyond banking advice
Facilitates overall process and minimizes
management distraction
NOAH Advisors is globally well connected
and has direct access to virtually all key
players in the industry
Knowledge of and strong relationships with
potential buyers’ key decision makers
Proactively finds and unlocks attractive
investment opportunities for leading investors
Annual NOAH Conference in its 10th year
Over 40 years of combined relevant M&A experience
Routine execution of M&A and financing transactions
with sizes of several billion euros
30 successfully completed NOAH Advisors transactions
underline successful transfer of M&A competencies to
the Internet sector
Entrepreneurial mind-set, focused on growing the
business and establishing a reputation for excellence
Ability to deliver top results in short time frames
Highly success-based compensation structures align
interests of clients and NOAH Advisors, and demonstrate
conviction to deliver top results
Creative deal solutions
Unique Industry Know-How
Unmatched Network and Relationships
Strong Investment Banking Competence
Full Commitment - We Are Entrepreneurs!
EUROPE’S LEADING INTERNET
CORPORATE FINANCE BOUTIQUE®
The NOAH Advisors Core Banking Team
Marco Rodzynek
Managing Director & Founder
Jan Brandes
Managing Director
Nikhil Parmar
Director
Olek Skwarczek
Associate
Lukas Schlund
Analyst
December 2014 October 2014
Sale of 100% of
for $800m to
Exclusive Financial Advisor to
Fotolia and the Selling Shareholders
Sale of 100% of
for €80m to
Exclusive Financial Advisor to
Trovit and its Shareholders
October 2016
Investment in
Exclusive Financial Advisor to KäuferPortal
and its Shareholders
by
84% Ownership
December 2016
August 2017
Financial Advisor to Silver Lake
Financial Advisor to EMK Capital
Investment in
Acquisition of a Majority Stake in
by
by
at a valuation of $200m
November 2019 July 2019
September 2018
Financial Advisor to MagicLab
Financial Advisor to AU10TIX
and its shareholders
Financial Advisor to 10bis
and its shareholders
Acquisition of a 79% stake in $60m Investment in
Sale of 100% in
by
at a valuation of ~$3 billion
at a valuation of $260m by
for €135m to
10Bis