Company Profile (AI Text) Name: Cloudastructure Canonical URL: https://wefunder.com/cloudastructure Updated at: 2026-06-22T05:03:02Z Tagline: Facial Recognition, AI, Machine Learning for Cloud-based Video Surveillance. Elevator pitch: Video Surveillance in the Cloud.  Once the video is in the Cloud with us, we can run it all video through our Computer Vision and Machine Learning systems to see what's really happening. Key claims: - Total raised on Wefunder: 313482 | citation: https://wefunder.com/cloudastructure#claim-total-raised - Total investors: 642 | citation: https://wefunder.com/cloudastructure#claim-total-investors Verified facts: - Total raised on Wefunder: 313482 | observed_at: 2026-06-22T05:03:02Z | expires_at: 2026-06-23T05:03:02Z - Total investors: 642 | observed_at: 2026-06-22T05:03:02Z | expires_at: 2026-06-23T05:03:02Z Computed metrics: - total_amount_raised: 313482 - total_investors: 642 - team_size: 4 - featured_investor_count: 1 - faq_count: 5 - recent_post_count: 0 Quick facts: - CEO previously founded a company acquired by Uber in 2015. CTO previously a CTO at another company acquired by Facebook in 2015. | citation: https://wefunder.com/cloudastructure#claim-fact-1 - Over $30M raised from Reg A+ Financing. | citation: https://wefunder.com/cloudastructure#claim-fact-2 - $1.3MM in booked contracts in 2021 | citation: https://wefunder.com/cloudastructure#claim-fact-3 - Enterprise SaaS model, charging per year per camera. As we add more AI, we start to do the guard's job and can charge more. | citation: https://wefunder.com/cloudastructure#claim-fact-4 - 1400% growth 20-21 in booked contracts 17,500% growth 21-22 in pipeline | citation: https://wefunder.com/cloudastructure#claim-fact-5 FAQ: - Q: I invested in the prior round on Republic. Can you provide a few more details regarding financials? In this raise and the prior Republic raise, you mention the $10K MRR. However, in the first six months of 2019, you only achieved $41K in revenue which would suggest that Clouda... A: Hi Nathan! We're not even live yet, you are a great detective to have found our site. Nice work. To answer your questions: 1) Our revenue is chunky. Most accounts are annual pre-pay and our single largest one is quarterly. 2) We decided to focus on R&D and get Tagger (object detection) and Face Recognition done before we go back to selling. Tagger is done and Face Rec is working in demo (and, if you see our other post on Republic, we did a wreck and rebuild of Face Rec so that's taking lo... - Q: What was the valuation cap on your prior round on the other platform mentioned by Nathan? A: Hi Barnaby, you all are killing me with your interest when we're trying to be in stealth mode before our launch :-) Seriously, though, happy to answer, it was $7M. We think we've made signification progress since then so the price is reasonable. We'll have more info on our previous campaign and start making our updates here, as well as get all recent ones up here too, as soon as we go live. Please stay tuned! - Q: What percentage of the time is your facial recognition search wrong? A: Hi Kevin, we haven't quite launched here yet but have a recent update from our last Reg CF here. We will cross post it here after we launch, but you're welcome to check it out early: https://republic.co/cloudastructure-rick-bentley-progress-hi-everyone-we-and-39-ve-been-crazy-busy - Q: Hi Rick, Why are you raising so soon, just 5 months after the previous round? Thanks. A: Hi Helen, We're new to Reg CF's. We raised $380k in our last raise on Republic. That's good, put us in the top 10% of their enterprise companies, but it's not a lot when you're competing against billion dollar incumbents. We felt that there was still demand for investment in us, so we're rolling into another one. It will be about 9 month from the close of the last one to the close of this one, so we don't think we're doing too badly :-) - Q: Also, How did $130K revenue generate a much bigger net profit $837K? Is there a typo? Thanks. A: Hi Helen, sorry for the delay, we're getting ready to go live on here and wasn't looking out for Q&A yet. I had some debt to the company that I forgave to clean things up for investment, the accountants insist that was recognized as revenue. It's still good for the company, just not as good as revenue!