Seerist Company Profile

Background

Seerist, established in 2017, is a leading provider of augmented analytics solutions for intelligence, threat, and security professionals. The company integrates artificial intelligence (AI), machine learning (ML), and expert human analysis to deliver proactive intelligence, enabling organizations to anticipate and respond to potential threats before they materialize. Seerist's mission is to accelerate impactful risk intelligence decisions, helping clients navigate a volatile and uncertain world by preparing them for events that could disrupt operations.

Key Strategic Focus

Seerist's strategic focus centers on delivering comprehensive, actionable intelligence on emerging threats, trends, and critical events globally. The company's core objectives include:

Threat Intelligence: Providing AI-driven insights, open-source intelligence (OSINT) collections, and verified data to keep clients ahead of threats targeting their assets, people, and operations.

Physical Security: Safeguarding facilities and assets through proactive intelligence, notifications, and customizable threat monitoring dashboards.

Defense and Intelligence: Offering analyst-verified intelligence to monitor critical locations and stay ahead of evolving threats.

Incident Response: Accelerating responses with automated alerts and rapid threat assessments to ensure the safety of people, assets, and operations.

Supply Chain Risk Management: Enhancing supply chain resilience with risk analytics, real-time alerts, and insights for disruption response and recovery.

Travel Risk Management: Ensuring safe journeys by providing country risk profiles and forecasting potential threats.

Asset Risk Management: Monitoring assets worldwide with near real-time intelligence to ensure security, operational efficiency, and continuity.

Seerist serves various industries, including government, technology, energy, non-governmental organizations (NGOs), financial services, pharmaceuticals, retail, and insurance.

Financials and Funding

Seerist has experienced significant growth since its inception. As of 2024, the company employs approximately 125 individuals and has an estimated annual revenue of $20 million.

The company's funding history includes:

Seed Round (December 2017): Raised $2 million.

Debt - PPP (April 2020): Secured $2 million.

Grant (May 2020): Received an undisclosed amount.

Series 3 (June 2021): Raised $5 million.

Notable investors include Control Risks Group, the United States Department of Defense, General Catalyst, and ZeroGravity Capital.

Technological Platform and Innovation

Seerist's platform stands out due to its integration of proprietary technologies and methodologies:

AI and ML Models: The platform employs advanced AI and ML algorithms to analyze vast amounts of data, identifying emerging threats and providing predictive insights.

Human Expertise: Seerist combines machine-driven analysis with insights from experienced geopolitical risk experts, ensuring accurate and context-rich intelligence.

Geospatial Intelligence: Through partnerships with organizations like Esri, Seerist incorporates geographic information system (GIS) capabilities, enhancing spatial analysis and visualization of threat data.

Leadership Team

Seerist's leadership comprises seasoned professionals with diverse backgrounds:

Jim Brooks: Chief Executive Officer

John Goolgasian: President

Matthew McKnight: Chief Technology Officer

Aleassa Schambers: Chief Marketing Officer

Barry Saadatmand: Chief Revenue Officer

The leadership team brings extensive experience in technology, intelligence, and risk management, driving Seerist's mission to provide advanced threat and risk intelligence solutions.

Leadership Changes

In 2024, Seerist made significant additions to its leadership team:

August 2024: Barry Saadatmand joined as Chief Revenue Officer, bringing extensive domain expertise to drive growth.

September 2024: Chris Brozenick was appointed Vice President of Product Marketing, contributing go-to-market expertise and customer focus.

Competitor Profile

Market Insights and Dynamics

The threat and risk intelligence market is experiencing substantial growth, driven by increasing global uncertainties and the need for organizations to proactively manage risks. The integration of AI and ML technologies is transforming the industry, enabling faster and more accurate threat detection and analysis.

Competitor Analysis

Seerist operates in a competitive landscape with several notable companies:

RS Metrics: Provides geospatial analytics for business intelligence.

Descartes Labs: Specializes in geospatial data analysis using AI.

Hexagon Geospatial: Offers GIS software and solutions.

SpaceKnow: Focuses on satellite imagery analytics.

ZestyAI: Utilizes AI for property risk analytics.

These competitors offer various solutions in the risk intelligence domain, each with unique technologies and focus areas.

Strategic Collaborations and Partnerships

Seerist has established significant partnerships to enhance its capabilities:

Control Risks: Integrates geopolitical analysis from Control Risks' experts into the Seerist platform, providing comprehensive risk assessments.

Esri: Collaborates to incorporate GIS mapping features, enabling spatial analysis of threat data.

Oxford Economics: Partners to develop the Economic and Political Risk Evaluator (EPRE), offering a framework for forecasting economic and geopolitical risks.

Deloitte: Works together to provide tailored solutions addressing government clients' challenges, combining Deloitte's industry expertise with Seerist's technology.

Operational Insights

Seerist differentiates itself through the seamless integration of AI-driven analytics with human expertise, offering clients a unique blend of machine efficiency and contextual understanding. This approach allows for rapid, informed decision-making, setting Seerist apart from competitors who may rely solely on automated or human analysis.

Strategic Opportunities and Future Directions

Looking ahead, Seerist aims to:

Expand Technological Capabilities: Continue enhancing AI and ML models to improve predictive accuracy and broaden the scope of threat intelligence.

Grow Market Presence: Increase penetration in existing markets and explore opportunities in emerging sectors requiring advanced risk intelligence solutions.

Strengthen Partnerships: Deepen existing collaborations and seek new alliances to augment service offerings and reach a wider client base.

By leveraging its current strengths and focusing on innovation, Seerist is well-positioned to address the evolving needs of organizations in managing complex and dynamic risks.