Retailers, restaurant groups and warehouse operators already own the sensors. Solink, an Ottawa firm selling cloud video surveillance since 2009, raised more than $100M to turn those installed cameras into operational data, with the cash backing a roadmap it calls AI vision intelligence.
Vertu Capital, a Toronto private equity outfit, led the round. Goldman Sachs Growth Equity put up a material amount, having backed the company before by leading its $60M Series C in 2023. First-timers on the cap table include Comcast Ventures and Golub Growth. Lifetime investment in the company now clears $198M. Solink gave no valuation and would not detail the strategic opportunities part of the round will fund.
Mike Reilly, a managing director in Goldman’s growth equity group, said adoption and the roadmap made a return straightforward. Vertu’s Eric Kafka, a partner at the firm, rates AI vision intelligence among the biggest software openings of the day, and credits Solink with the foresight and execution to set the category’s terms.
By Solink’s own tally, roughly 500,000 lenses across more than 35,000 retail, restaurant and warehouse sites in 65 countries send video into the platform. February brought agents for perimeter security and loss prevention that sit at the edge and work with whatever hardware is already mounted. A month later came vision language models inside VerifEye, the command center Solink sells to security operations teams, aimed at screening out false alarms before an operator ever lays eyes on them.
Co-founder and chief executive Mike Matta argues nobody should have to watch footage to know what is happening inside a business, calling this a watershed moment for physical operators. The pitch cuts both ways: reduce shrink, and surface revenue signals in the camera feed that were previously invisible.
