Softbank-Backed Brazilian Startup Gabriel Raises $12+ Million

Published Dec 08, 2021 17:05 PM

Gabriel, the Brazilian startup backed by Softbank, recently raised $12 million USD to install its video surveillance "protection network" in Rio de Janeiro and other Latin American cities.

IPVM Image

In this report, IPVM breaks down Gabriel’s business model and shares comments from an interview with one of Gabriel’s co-founders.

**********

IPVM Image*******, ******* ** ******** **** ** Rio ** *******, ******, ***** ****** as * "********** *******," ********** ***-**** cameras ** ******-****** *************** *** *** clients. ******* *****-************ ******** ** ****** neighborhoods, ******* **** ** ****** ***** by ********* **/* ****** **********, ******** the ****** ** ******** *************, *** sharing *** ***** ******* ** ****** with **************.

*******

******* ****** $** ******* *** (*$ 66 ******* ***) ** ** ******* 2021 ****** * ***** *** ** SoftBank, **** ************* **** ******, ***** Ventures, ***** ********, ***** *******, *** Capital, ********* ***********, ********* ********, ******** ScaleUp ********, *** *****,********* ** *** *******-******** ***** *******.

IPVM Image

********* ** **********, *** ****** * ***** ****** Gabriel's ***** ******* ** ****** $** million ***, ********* * **** **** Round ** ***** *** ******* ****** nearly $* ******* ***.

Advantage: **/* ********** *******, **** *******

IPVM Image

*** $** *** *** ***** **** Gabriel ********* *** ** ** **** of *** *** *******'* "********** *******" is **** ********* ********** ******* *****-***** ******* ($**–** *** ea.) **** * ************ **** ** Intelbras.

******* ******** *** ******* *** ****, and *** ******* ******* ******* **/* remote ********** ** *******. ************, *** Rio ******* ******** ***-***** **** ****** to *** ****** *** (*** ********** pictured) ** **** ** *** "********** network" ************.

****** ** *******'* **/* ********** *******, along **** **** ************ *** *******'* mobile ***, ** ** ********* ** the ***-****, *** ***** ********* **** to ****** ************ ** ***** *** and ***** *** *********** **** **/* central **********.

Disadvantage: **** ****** **** *** ***

** *** **** ****, ******* ** much **** ********* **** ***-**** ****** kits. ** $** ******* **** **** years (*** ****** ** * ******* contract), *** ***-**** **** ****** $*,*** USD ***** **** ***** *** **** two *******. ** **** *****, *** end-user ***** ******** *** * ***, low-cost, ****-****** *** ***** **** *** four ***** ***, ***** *******, ******* a **–**% *******, ** *** ****, over *******.

*******

******* ****** ***-***** **** ** ***** a "********** *******." *** *** ******* initially ***** ** ***** ****** ** providing * ********** ******* ** *********** customers' ******** **************; *******, ******* **-*********á*** ***** *******, *** ***** ** **** *** this ****, **** **** **** *** company ******* ******* **** **** ***** be *** ***********:

** ********* ******** ** ** *** company ***** ** ***** ********. ** thought ***** *** ********** ****** ** China, ******** **** ****** *** ***** in ****** ** **** ** *** United ******, **** ** ***** ** able ** *** ******* ********* ******** in ***** *** ** ** ********* become * ******* ********. *** ** were ********** ***** ***** ****... ** was ***** ***** **** *** ** to ***** * ********** *******, ** would ******** **** ** **** **** hardware ** ****.

*** ******* ***** **** **** ***** ***-**** ******* ******** ***** ** SME *********** ** ********** *** ********* ** ********* **** its *******.

******* ********* **** *** '********** *******' only ******** *** ******* *******, ***** are ******** *** ********* **-**** ** Gabriel ** ** ****** ** *** end-user. ******* ******** ** **** *** of *** ************* ** ********:

** ***** **** [**********] **** ******** places, **** *****-***** ********* ** ******, China, *** * ****** ** ***** places.

***** ******* ********* **** *** ******* are *********, *** ******* ******** ** disclose *** **** *****.

IPVM Image

**. ******* ****** **** ******* ******** a '******** ** * *******,' ** HaaS, ******** *****, **** ********* ****** $35 *** (*$ *** ***) *** month *** *********ã*, ('*********,' ** **********), * **** the *** ******* **** ** ***** to *** ******-****** ******* ********* ******** as * **** (*** *****). *********ã*, ***** ******* ********* ****** ** Gabriel's "********** *******," ******** **** ******* make * **-***** ******* **********. ** case ** ***** ***********, **. ******* said **** *** ******* ***** **% of *** *********, ********** ******* ******* as * ******* *** ***** *********** unless *** ****** *** ***** *********** is ******** ***************, ** ***** **** there ** ** *****-*********** ***:

**'** ******* ** * ***** ** hardware ** * *******. **** ** do ** **** ** ** *** charge, ** ** *** ********** *** monthly ****** ** * *********** ** what *** ***** ** *** ******* are, ******* *** * ******* **** of ********. ** **** **-*****-**** ********* with ***** ****** **** **** ** have; *.*., ***** ******* **** **** their ******* **** **** *** ********** for ** ****** *** ***** *** end ** *** ********, ** ********** the ******* ******* ** ****** ** the ***** *********** ** *** ******** after ** ******.

** *** ****** ** *****, *** can ** ****, ** ** ** based ** *******'* **** ** **** services, *** ***'* **** ** *** any **** ** **** ** ********* for **. ** ** ** ******* of **** *** ****, *** **** to *** **% ** *** ********* installments ** *** ********.

******* **** **** ******* *** ****** to ****** ***** ** ****** **** have ***** ******** ******* ******** ******** free ** ****** ** **** ** the ******** ******* *******.

Customer **** *** *** ****** ****

******** ******** *.* ** *******'* ***** ** Use, *** ***-**** **** *** *** the **** ******** ** ******* ******* installed ** *** ********'* ******** (** Portuguese, **** ********** ** *******):

*.* *** *** ** *******®'* ******** does *** ****** *** ************ ******** right ** *** ****, ********* ** relation ** *** ******* ** *** Gabriel® *******, ***** ** **** *** exclusive ******** ** *******®...

******* ********* **** ** * ******-** comment:

*** *******' ******* ** ******* ** transfer ** *** ****** ****** *** contracted ******. **** **** *** ******** the ****'* ********* ** *** ******** data ******** [** ******* *******], ** conformity **** ********* ***********.

**** ***** **** **** * *******, specifying **** *** ******** ** *** the ***** ** *** **** ******** by ******* ********* ** *** ********'* property, ** ********.

Founding ****

IPVM Image******* *** ******* ** ***** **********—******** *****(********, ******), ********* *******(********, *****), *****á*** ***** *******(********, ****). *** **** *** ***** in *****, ***** **. ***** ****** a ******'* ****** ** ******** ********** and **. ******* ****** * ********'* at ****** ********** ** *****.

**. ******* **** *** ******** ****’* collective ********** ** *** *** *** at ***-***** ********* **** ** ****** inspired **** ** ***** ******* ** address *** ***** ********** ** ******’* security **********, ***** **. ******* ****** as *** "******* *** ******** ******* in *** ******* [******]":

In *****, ** *** ********, ********* ***** ** ********* **** **** ******* **** ******** ******, **** ** ****** *** *********. These were companies that were dealing with security through an artificial intelligence perspective. They did not take police off the streets, but they allow major Chinese cities to deal with people, plus technology, to solve their major problems. [emphasis added]

*** **. *******, ***** ******, **. Gen. **á*** ********* ** ******* *****, has ****** * ******* **** ** orchestrating ****** ******-******* ******** ************* ** Brazil ***** *** *****, *** ********* is ********:

**********, ** ********** ** **** **** close ** ********. ** ****** ** a ********* *****-**** ******* ** *** Brazilian **** [... **] *** *** one **** ***** *** ******** **** permitted *** **** ** ********* ** social ********* *** **** ** ******* escalations ** ***** ****** ** ******, and **** ***** ** ****** **** to **** *** [****] ******* ************ in *** ** *******.

*********

******* **** **** **** ** *** experienced **× ****** ** ****:

We ***** **** **** *** ****** ** ************ *** ******-****** *******. The latest numbers that I have regarding the quantity in Ipanema are 2,000 cameras in the whole neighborhood. There are more cameras, of course, [...] our ****** *** ** ******** *** ******* ******* ** *** **** [****] *** ** *** **. [emphasis added]

** ******** ******* ** **** ********* around *,*** ********* **** *,*** ******* deployed ********* ** *** ****** *** Ipanema ************* ** *** ** *******, with ********** *********** ** ***** *** neighborhoods ** **** ** ** *ã* Paulo.

******* **** *** ** *** *******'* cameras ******** ** ******* ********. *** startup's **** ********* ******* ********** *** residential *********.

**********

******* **** **** **** ** ****, it *** ******** **% ******* ****** based ** ******* *****:

*** **** ********* ****** ** *** growth ** **** ** **** **** this **** ******* **% ***** ***** based ** ******* *****. **, ******* that ***** ** ******* *** ** touch, ******* ** **** *** ******* as ****.

*** ******* *********** ******** ** ******** any **** ******* **** ** *** projected ******* ******* *** **** ** 2022.

Employees *** ******

******* ********* **** ** ********* *** 83 ********* (******** ***** ** *********), ********* ***** ** *** ** Janeiro.

******* ** ******* *** ****, **** Mr. ******* ********** **** *** *** startup ***** ** **** ******* ***** in ***** ********, ****** *** ********:

*********, *** *********** ** *** **** is ********. ** *** ***** ** reach ** ****** ** *** *******.

*** ******* **** ****** **** ***** the ******** ** *** ***** ** based ** *** ** *******, ** has "**** ****** ******* ********" *** "more *** **** ****** *** ******* from ***** ******."

People ********* *********, ********* *** *********** *** ****

******* (******* ********* ******** *****) ********* that, ** *******, *** ******* **** offers ****** ********* ********* *** ******* installed ****** ******** *********:

** ** ***, *** ******* **** are ** *** ***** ***** ** buildings, ** **** ******* ******* **** to **** *** ******* ** ********* a ***** ******** ** ***.

IPVM Image

*** *** ******* **; *******, ******* to ******* *** *********, **** **-******* Otávio ******* ****** **** "******* ****** were **** ** ** **********" *** that *** ** "*** ****** *** thing" **** *** ******* ** ******* into ** *** ******:

The ****** *** ***** **** **'** ******* ** ** ******* ***** ***********. ******* ****** **** **** ** ** **********. They were made for local authorities and for other citizens to identify them. That's why they have a higher contrast. That's why they are in the front of the car. They are in the back of the motorcycle. They are actually part of how people understand who is behind or what is going on with that vehicle. And when you talk about vehicles, you're not talking violating people's identities, but specifically about identifying something which is easier, it's easier to take a frame and understand a simple line of code, understanding what that vehicle is and if that license plate was cloned or not... [emphasis added]

Critical ** ****** ***********

IPVM Image

******* **-******* **á*** ******* *** ****** critical ** ******* ****** *********** ****** a **** **** ****, ******** *** technology ** "********" *** ******** **** there ** "**** ******" *** *** controversy *********** ****** ***********:

* ** ******* **** ****** *********** is * **** ******** ****** ** this *****. **** * *** ********, what ** * ******* *****?I ******* **** *** ********** ******* ********* ** *** ****** ** *** ****** ******. We have multiple different sorts of issues going on with companies, governments in Brazil [and] outside. It is a very controversial subject, with good reason for it. We're talking about people's identities and a wrongdoing, a mismatch, when you talk about an individual and a criminal, they might bring the wrong people to justice and that would actually be unfair, that would not be about transparency, that would be about everything that is not related to transparency at all. [emphasis added]

*******, ******** / ********* ********** *********, ***** For ***** ** ****** ***********,** ********* ** ******** "********* *********" Declares ** **********, ********* ** ********, *********** ********** ***** *** ******** ** Curbs, ****** ****** *********** ***.

**. ******* ******* ********* **** ** sees ** ****** ***********'* **** ** transparency, ********* * ******* ******* ** regulation ********* *** **********'* ***, ********* a **** ** ******* ********* ******* acceptable ********** *** *******:

** ** *** ********** ***** ***** of ********** ** ***********, ** ***** that *** ***** **** ******* ** use. *****'* ** ********** ********* **. So, * ** ******* **** *** only ** ******, *** ** ********** countries *** ** ********* *********, **** are *** ***** *** **** ******* has **** ********. ** ** **** for *** ** **** **** **** recognition ** ****-********** *****, *** *******, such ** ***** *** ******* *** lighting, ***** *** ******* *** ********** of ****** **** *** ***** ******* all *** **** *** *** ** that, *** **** *********** **** *** happen ** ********* **** ******* ********' civil ******. *** *********, ****'* *** I **** ** ****** ** ** company **** * *** **** ** do *** ******* **** **** *********** is * ****** ****** ** **** moment. *** ********** *** ** ****** much **** ****** *** *** *********** on ** **** ** ****** **** more ********* *** ** ** ****.

*** * ******** ********** ** ****** recognition ********** ** ****** *** **** of *** ******** ********** *********, ********* a **** ** **********, ********* ***********'* ************* **** ** ******.

2022 ***** *** ***** ******* *********

** *** *** *** ** *** proceeds **** *** ******* ***********, ******* intends ***** *** ******** ** ****** its "********** *******" ****** ******** ************* of *** ** ******* *** *ã* Paulo, ******’* *** ******* ******:

**'** ********** ******* ** ******. ** Rio *** * *********, **** *** on, **'** ***** ** ***** ********* much, **** **** *********. ** *** vision ** **, ** ** ***** the ******** ** *** ***** **** of ***, **** ***, ***** ** the **** ** *** **** ****-***** area ** ***. *** ****** *** 2022 ** ** ***** *** ******** of *** ** *** ***** **** of ***. *** **** *** ***** neighborhoods ** *ã* ***** **** *** closest ** **** *****—**** ********, *******, Pinheiros, *****.

IPVM Image

**. ******* ******* ***** **** ** sees *** ******* ** * ***-***** American *******, **** *****, ********, *** Mexico ********* ** ****** ******* *** the *** *******’* ******** *********** ************* expansion:

** **** ******* ** * *********** Latin ******** *******. ** *** ******* operating, ** *** *********** ** * long **** **** ***, ** ******** places **** ****** ** ***** ***** American *********, **** ************,Mexico, ********, *****—***** *** ***** ******* ** **** **. [emphasis added]

*******’* **** ** ************* ********* ********* somewhat **** **** ** ****** ********* companies**********************. ***** *******, **** ********* *** Multilaser, ** *********** ******* ** ******** a ******* ****** *** ******** * large ****** ***** ** *** **** market, ********* *** ********** *** *** seeking ** ************ ****** ***** ******** business ***** **** *** ***** ***** American ******.

Claimed *******

******* ****** **** ** *** ******** Brazilian ****** ** *** ************** **** year, **** ** *********** ******* ** justice:

**** ** *** **** **, **** the ******, ******* ** ************* **** generates *** ************ ** * ******** or ******* **** *** ********* ***, we *** **** ** ***** *** value **** **** *** *****, ** they **** **** **** ***** *** already **** ******. ** *** *******, this **** *****,we ***** ** **** **** *** ************** **** *** ******. Mostly, as I said, in Leblon and Ipanema, [which] were our experimentation areas for our prototype. That's slightly more than one investigation every two days. From ***** **************, ** **** **** ** ****** *** ***** ** ******* ****** ** ***********. [emphasis added]

Challenge: *********** ** ********* **** *** *********

******’* ********, *** ****,*** **** **** **** *% ** its ***** ******* *** ** ****** since *** ***** ** *** ****. ***** *******’* ******* ******* ******* a ********* *********,********* ** *** ********* *****, *** ****** ********* ** ********* near ** *******.

***** **********, ************ *********, ****** ** Gabriel’s *********** *** *** ********* ****** less ***** ** ***** ** ******-****** surveillance *******. ********, *** **** ********* real ****** *** **** ** ********* inputs **** ******, ******** *** *******'* margins ***/** ******** ** ** ********** raise ************ ****.

Challenge: ******** ***** ****** ** **** *** ***********

*******'* ******** ***** ****** ** ***** to **** ***** ********** *** *********** buildings. ***** *** ********* ** **** model ** *** **** ** *** or * ******* ** ********* ** immaterial ** *** *******, ************ ** light ** *** ***** *********** ***, the ******** ** **** *** ******* has ** ***** *** ******** ************* with **** ***** *********, ********** **** to *** *** **** ** *********** a ****** **** ** ******-****** *******.

** ******* ** ** **** *** targets *** **** ** *** *** São *****, *** ******* **** ****** have ** ***** ** ********** *****/*** employees ****** *** ******* ** **** it *** (********* ** ********) *** further ********* *** ******** ********* ****** Rio ** *******.

**********

***** ********* '***********' **** ********* ** a ********* *** ** ******** ******* and *** ***** ****** ** ***-** that ** ****** ** ******* *******'* desired ******* ******, *** *** ******* has *** *** ******* ** *** of *** *****'* ******* ********** ** SoftBank. ************, **** ******* ** *** US, *******'* ****-** ***** **** ****-**** contracts, ******** **** *** *****-*********** *********, reduces *****.

Comments (5)
Avatar
Gert Molkens
Dec 09, 2021
IPVMU Certified

**** **** **** ****** ******* ******* laws ** ******. * ***** **** this ******'* **** ** ***** ** Belgium.

*** *** *** ** * ****** to ******* **** ***** **** ** driveway *** *** **** ** *** public **** ** *** ***** ****** be ** ***** ** ******** ***/ ord ****** ***. **** ** *** time **'* ********** **** * **** of *** ****** ***** **** ** in *** ***** *** **** ****** be ** ******* ** ****** ********.

******, ****'* *** ***. ** ******** Police ***** ** ************* ** *** to ***** ** *** **** * bit **** ** *** ****** ***** on **** ******* ** ** *** help **** **** ***** **************

Avatar
Robert Wren Gordon
Dec 10, 2021
IPVMU Certified

**** **** **** ****** ******* ******* laws ** ******. * ***** **** this ******'* **** ** ***** ** Belgium.

**** *** **** **** ** *** topic ** * ****** **** ******, but ***, ** ** *******, ** is **** ** *** **** **** privacy **** ** ******, ** **** as ** ***** ******* ** * whole, *** **** ********* **** ** Belgium *** *** ***** **, ** well ** ** **** ***** ** the **.

*** *******, * **** ****** **** year **** *********** ** ******, ********, and ****** *** **** ****** *********** to ******** ***** *** ****** *** the ******** ** ******** *** ******** profiles, *********** *** *********, *** ******* known-shoplifters *** ***** ********** *******. ** goes ******* ****** **** **** *********** would ******** *********** ** ******.

** ******** ****** ***** ** ************* is *** ** ***** ** *** have * *** **** ** *** public ***** ** **** ******* ** it *** **** **** **** ***** investigations

**** ** *** ** *******'* **** selling ******. ** *** ** *** co-founders ***** *****, **** **** ******** by ****** *** ********* (*** ********** by *** ** ***'*) ** ****** a ******* ******* **** ******* *** police **** ***** **************:

**** [****** *** *********] *** *** take *** ****** *** *** *******, but **** ***** ***** ******* ****** to **** **** ******, **** **********, to ***** ***** ***** ********.

********* ** *******/*** **** ***-**** ****** in ******* *****, ***** ****** *** company's ******** ** * **** *** "after-the-fact" ************** (******** / ********* ********** *********, ***** For ***** ** ****** ***********,** ********* ** ******** "********* *********" Declares ** **********, ********* ** ********).

Avatar
Gert Molkens
Dec 12, 2021
IPVMU Certified

** ******,

" ******** ** ******** *** ******** profiles, *********** *** *********, *** ******* known-shoplifters *** ***** ********** *******", *** only ************* *** ******* **** **** as ****(****** *** *** *********** ** course ;-) )

"***** *** ****" ** ****** **** nothing *** * ****** ********** *** i ******* **'* * **** **** between ********** *** *******

Avatar
David Johnson
Dec 09, 2021

*** *** *** ******* '*********' **/*?

U
Undisclosed #1
Jan 14, 2023

**** *** ***. **** *** ** investigation ***** *** ***** ***** ** police *******.