CLOUDASTRUCTURE Business Summary

Cloudastructure, Inc. (CSAI) operates a cloud-native security platform that generates revenue through a high-margin Software-as-a-Service (SaaS) subscription model for AI-powered video surveillance and remote guarding services. The company’s primary business segments include Cloud Video Surveillance, which leverages computer vision for real-time threat detection, and Remote Guarding, which utilizes AI to replace or augment traditional on-site security personnel. Additionally, CSAI derives revenue from hardware sales, including Cloud Video Recorders (CVR), smart cameras, and mobile surveillance trailers integrated with autonomous drones. Direct competitors include Eagle Eye Networks, Verkada, and Sentry AI; CSAI distinguishes itself as a micro-cap disruptor, reporting 270% year-over-year revenue growth in 2025 by offering up to 40% cost savings over traditional guarding and maintaining a 98% incident deterrence rate across the multifamily and commercial real estate sectors. The leadership team is led by CEO and Chairman James McCormick, who was appointed in June 2024 and brings over 40 years of executive experience from firms such as LTA Research, Global Equipment Services, and Crossing Automation. CTO Gregory Rayzman, a seasoned technologist who joined the company in 2004, previously served as CTO of TheFind (acquired by Facebook) and held key engineering roles at Apple and ITM Software. Founder Rick Bentley, a former advisor to Google X and founder of Televoke (acquired by Uber), remains a significant influence alongside CFO Greg Smitherman and CRO Lauren O’Brien. The company’s institutional backing includes notable investors such as Citadel Advisors, Two Sigma Investments, and Geode Capital Management, while its board features independent directors Craig Johnson, Jeff Kirby, and Ruba Qashu.