In recent years, the world has seen a significant rise in technological advancements. With the emergence of artificial intelligence (AI) and machine learning (ML), the possibilities seem endless. One such revolutionary AI service is Aira, which has gained massive popularity due to its exceptional capabilities. The service has also been featured on the popular TV show Shark Tank, which has piqued the interest of many.
In this article, we will explore the fascinating story behind Aira and its founders, as well as delve into Aira Shark Tank net worth.
The Founding of Aira
Aira was founded in 2014 by Suman Kanuganti, Yuja Chang, and Andrew Bennett. Suman, who is visually impaired, realized the difficulties that blind and visually impaired individuals faced in their daily lives. With the help of Yuja and Andrew, Suman decided to create a service that could make the lives of visually impaired individuals easier. The team initially started with a prototype that used Google Glass to provide a live video stream to a remote agent who could assist the user in real-time.
How Does Aira Work?
Aira is a subscription-based service that provides live assistance to blind and visually impaired individuals. The service uses smart glasses or a smartphone camera to provide a live video stream to a trained remote agent. The agent can then assist the user in various tasks, such as navigating through a new environment, reading labels, or even shopping.
The Aira Shark Tank Experience
In 2017, Aira appeared on Shark Tank, where the founders pitched their service to the Sharks. The Sharks were impressed with the service and its potential, with Mark Cuban even calling it “one of the most remarkable things” he had seen on the show. The founders ended up striking a deal with Cuban and Robert Herjavec, with Cuban investing $500,000 for a 7.5% stake in the company.
Aira Shark Tank Net Worth
Since appearing on Shark Tank, Aira has seen tremendous growth. According to recent reports, the company is now valued at over $100 million, with over 15,000 users. The company has also raised over $15 million in funding, with investors such as Lux Capital, Arboretum Ventures, and Jazz Venture Partners. The Aira Shark Tank net worth has played a significant role in the company’s success, with the exposure and investment from the Sharks helping the company gain traction.
The Impact of Aira
Aira has had a significant impact on the blind and visually impaired community. The service has helped individuals gain more independence, allowing them to navigate through the world with more ease. Aira has also helped in employment, with visually impaired individuals being able to perform tasks that were once impossible. The service has also helped in education, with visually impaired students being able to access visual aids in real-time.
The Future of Aira
Aira’s future seems bright, with the company continuing to innovate and improve its service. The company is also expanding its reach, with plans to expand globally. Aira is also exploring new use cases for its technology, such as in the field of healthcare. With its innovative approach and exceptional service, Aira is poised to continue making a significant impact in the world of AI and beyond.
Conclusion
Aira is a remarkable service that has changed the lives of many visually impaired individuals. The service has gained popularity due to its exceptional capabilities, and the Aira Shark Tank net worth has played a significant role in the company’s success. With its continued innovation and expansion, Aira is poised to make an even greater impact in the future.
FAQs
What makes Aira different from other assistive technology services?
Aira stands out due to its live, on-demand assistance provided by trained remote agents, allowing for more flexibility and independence for visually impaired individuals.
How much does Aira cost?
Aira offers various subscription plans starting at $29 per month for 30 minutes of live assistance.
Can Aira be used internationally?
Aira is currently available in the United States, Canada, Australia, and New Zealand, with plans to expand globally.
Is Aira compatible with all smartphones and smart glasses?
Aira is compatible with a wide range of smartphones and smart glasses, including Google Glass and Vuzix Blade.
How does Aira ensure the privacy and security of its users?
Aira has strict policies and procedures in place to ensure the privacy and security of its users, including encryption and secure storage of user data.