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§ Private Profile · Tallinn, Estonia
AI-powered analytics platform using computer vision to transform CCTV into smart sensors for commercial real estate insights.
Founded in 2019 by Karen Burns and Taavi Tammiste, Fyma is a London artificial intelligence company that transforms existing CCTV cameras into smart analytics sensors using computer vision technology. The hardware-agnostic platform delivers real-time insights on space utilization, foot traffic, and occupancy for commercial real estate developers, property owners, asset managers, and urban planners. Operating as a subscription software service, the privacy-focused technology never processes human faces and delivers traffic monitoring data four times cheaper than traditional sensor alternatives. Serving mid-size businesses to large enterprise clients, the system also detects available parking spaces and monitors electric vehicle charging stations without requiring any new hardware installations. Formerly known as VISORY, the growing enterprise has raised a total of 3,980,000 dollars in venture capital funding to date, which includes a recent Seed III round of 2,080,000 dollars.
Fyma has raised $4.1M across 2 funding rounds.
Fyma has raised $4.1M in total across 2 funding rounds.
Fyma has raised $4.1M across 2 funding rounds. Most recently, it raised $2.1M Other Equity in November 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 13, 2023 | $2.1M Venture Round | Andrew Drylie | Dave Garland | Announced |
| Dec 1, 2020 | $2M Seed | Change Ventures | 7percent Ventures, Pario Ventures, Passion Capital, Martin Henk, Martin Tajur, Adam Gross, Afore Capital, Craft Ventures, Fifth Wall, FJ Labs, Foundry Group, Madrona Venture Group, RRE Ventures, Scott Belsky, Second Century Ventures, Alvar Lumberg, Triin Hertmann, Debneel Mukherjee, Siim Teller, Superangel, Tiny VC | Announced |
Fyma is a computer vision SaaS platform that upgrades existing cameras into data-gathering sensors for spatial analytics in commercial real estate, delivering insights on occupancy, footfall, traffic patterns, parking, and EV charging without new hardware.[1][2][3] It serves developers, owners, asset managers, and operators like gyms (e.g., David Lloyd), solving the problem of unreliable estimates by providing 10x more data points, predictive analytics for space planning, and real-time alerts—driving 5-15% revenue uplift via better strategies.[1][2] Founded in 2019 (with roots possibly in 2017 as Fyma OÜ in Estonia), the London-based company has raised $3.98M total, including a $2.08M Seed VC-III round about a year ago, and remains in active growth at Seed stage.[1][4][5]
Fyma emerged around 2019 from an urban development project needing accurate traffic counts from an existing street camera, outperforming sensors at 4x lower cost and higher variety—sparking the insight into untapped camera potential worldwide.[3] CEO and co-founder (name not specified in sources) handles business development and investor relations, complementing CTO Taavi Tammiste's eight years in applied AI; the duo built a GDPR-compliant platform from the ground up, ensuring no human faces are processed across operational, technical, and legal layers.[3] Originally VISORY and linked to Fyma OÜ founded in 2017 in Tallinn, Estonia, it evolved into a London-headquartered (107 Cheapside) analytics firm focused on commercial real estate, with early traction in projects like gym refurbishments revealing £80K CapEx impacts to de-risk larger investments.[1][2][4]
Fyma rides the AI-driven spatial analytics wave in commercial real estate, where post-pandemic hybrid work and urban density demand precise space utilization data amid rising costs.[1][2][3] Timing aligns with widespread existing camera infrastructure (e.g., CCTV, street cams) ripe for AI monetization, amplified by market forces like EV adoption (charging monitoring) and sustainability pushes for efficient built environments.[1][2] It influences the ecosystem by de-risking £600-800K investments for operators, enabling data-backed decisions over estimates, and positioning as a scalable solution for "built environment" organizations—potentially expanding to drones and the US.[2][3]
Fyma is poised to dominate camera-based spatial analytics as AI infrastructure matures, with US expansion, drone integration, and broader "built environment" adoption on the horizon—building on its seed momentum and privacy edge to capture real estate's data goldmine.[3] Trends like predictive urban planning and CapEx optimization will propel growth, evolving its influence from niche insights to essential infrastructure for smarter cities and properties. This unlocks data-driven decisions from overlooked cameras, transforming real estate from instinct to intelligence.
Fyma has raised $4.1M in total across 2 funding rounds.
Fyma's investors include Andrew Drylie, Dave Garland, Change Ventures, 7percent Ventures, Pario Ventures, Passion Capital, Martin Henk, Martin Tajur, Adam Gross, Afore Capital, Craft Ventures, Fifth Wall.