AlgoFace develops computer vision technology applications that enable identity-free face Augmented Reality (AR) experiences with strict user privacy and data processing standards. Their four Patent Pending AR and Artificial Intelligence (AI) technologies power solutions for virtual beauty try-on and face detection applications for automotive, building safety, crowd and traffic detection, retail, smart cities, and medical technologies. With 3x the leading facial landmark tracking points and a proprietary compression machine learning model, AlgoFace technology reliably analyzes faces of any skin tone in real-time, on-the-edge, with superior accuracy, delivering real-life, highly immersive AR experiences at lightning speed.
AlgoFace Inc is co-founded by Andrew Bart and Taleb Alashkar. Andrew Bart has been appointed Chief Executive Officer. Taleb Alashkar, PhD, has been appointed Chief Technology Officer. All pre-spinoff AlgoFace employees have been retained. Alexandria Bennett, has been promoted to Vice President of Growth. New additions, Scott Dahne and Bonny Morlak have been respectively named Chief Financial Officer and Vice President, Product UX/UI Lead. Amjad Hussain, Algo’s CEO has been appointed Chairman of the Board.
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“We incubated AlgoFace under Algo Labs knowing that its unbiased facial landmark tracking technology was destined for greatness,” said Algo’s CEO, Amjad Hussain. “So, it is with great excitement that we are able to spin off AlgoFace as its own entity, enabling the company to expand its resources for growth. Key leaders like Andrew with extensive early and growth stage entrepreneurial experience will expand the companies’ reach in incredible new ways.”
Aimed at accelerating growth, AlgoFace Inc. is poised to raise additional seed capital. “Computer Vision, AI, and AR are white hot areas of technology,” comments Andrew Bart. “We are fortunate to have extraordinary products that are in the market backed by remarkable people as the driving force behind those products. We are positioned to scale.”
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