It's like ADT, but built from the ground up for the AI and cloud era, making security proactive instead of just reactive.

Think of it as a Ring or Nest security system, but scaled for large commercial properties and supercharged with AI and human remote guards to actively deter crime.

Cloudastructure (CSAI) Major Products and Services:

• Cloud-based AI Video Surveillance: An award-winning service utilizing AI and machine learning platforms to monitor video footage, identify objects, and provide real-time safety and security solutions for properties.
• Remote Guarding Service: A proactive crime prevention service that combines AI video surveillance, AI analytics, monitoring centers, and human security agents to provide real-time human intervention when AI detects an event.

Cloudastructure (CSAI) sells primarily to other companies, specifically within the property management sector.

Its major customers include five of the top 10 property management companies on the National Multifamily Housing Council’s (NMHC’s) 2024 NMCH 50 list:

• Greystar Real Estate Partners
• Avenue5 Residential, LLC
• Cushman & Wakefield (Symbol: CWK)
• BH Management Services, LLC
• FPI Management, Inc.

James McCormick, Chief Executive Officer

James McCormick has over 40 years of experience, including CEO, CFO, and COO positions at public and private companies such as LTA Research, GES (acquired by Kimball Electronics), Crossing Automation (acquired by Azenta), and General Magic. He was instrumental in raising over $1 billion in funds through IPOs, sales to strategic investors, VCs, and securities sales through capital markets. McCormick also served as CFO of Global Equipment Services (GES), which was acquired by Kimball Electronics in an approximately $50 million transaction. His career includes leadership roles at Serious Energy, PodTech, iPrint Technologies (sold to Harland Clarke), Tandem Computers (sold to Hewlett Packard), and UB Networks (sold to Alcatel).

Greg Smitherman, Chief Financial Officer

Greg Smitherman is a seasoned financial executive credited with returning over $1.3 billion in profit to investors and holding multiple CXO roles. He was involved in the acquisition of Telecom New Zealand, served as an Investor and Board Member at Broadvision (NASDAQ:BVSN), and was a Partner at Advent International. Smitherman's experience also includes being CEO of FreeConference.com and CFO of Accelergy Corporation. He has served on over 25 boards and been involved in public offerings and sales of companies to both private and public organizations.

Rick Bentley, Founder

Rick Bentley founded Cloudastructure and previously served as its CEO before transitioning to the role of Founder in July/August 2024. He also founded Televoke Inc., which was acquired by Uber, and raised eight figures of Venture Capital from firms including Softbank. Bentley has served as a full-time Advisor to Google X and was the Founder/CEO of Hydro Hash.

Gregory Rayzman, Chief Technology Officer

Gregory Rayzman was the CTO of TheFind, which was acquired by Facebook in 2015. He also held positions as a founding engineer and Chief Architect for ITM Software, acquired by BMC, and as a founding engineer and Director of Software Engineering for Annuncio Inc., acquired by PeopleSoft (now Oracle).

Lauren O'Brien, Chief Revenue Officer

Lauren O'Brien is an experienced executive with various CXO roles focused on scaling startup tech companies and driving growth. Her prior roles include COO of VentureBeat, CEO of SeaWave Battery, and CEO of Shift Communications.

1. Intense Competition in the Security and Proptech Markets

   Cloudastructure operates in the highly competitive security and property technology (proptech) sectors. While the company claims to be the "only seamless, cloud-based, AI surveillance and Remote Guarding solution on the market of which we are aware," it also acknowledges that its solution competes with "various solutions that our competitors offer." This indicates a market with existing players providing alternative security options, including traditional surveillance, other AI-driven systems, and various remote guarding services. The rapid evolution of AI and security technology means that new competitors or more advanced solutions could emerge, potentially eroding Cloudastructure's perceived uniqueness or competitive advantages related to affordability and ease of use, leading to pricing pressures or difficulty in acquiring and retaining customers.

2. Reliance on the Property Management Sector and Customer Concentration

   Cloudastructure has achieved early success by securing contracts with five of the top 10 property management companies. Its current strategy is focused on expanding within these existing top-tier customer locations and acquiring additional customers in the property management (proptech) space. This strong concentration on a specific industry vertical makes the company vulnerable to downturns or shifts within the property management sector. Furthermore, a significant portion of its revenue may be concentrated among a limited number of large clients. The loss of one or more of these key property management clients, or an inability to expand successfully within this niche, could have a substantial adverse impact on Cloudastructure's financial performance. While the company anticipates entering additional markets in 2025, its current business heavily relies on its established niche.

3. Dependence on AI Technology and Performance Expectations

   The core of Cloudastructure's offering is its "award-winning cloud-based artificial intelligence (AI) video surveillance and Remote Guarding service." The company's value proposition is built on the AI's ability to accurately identify objects and the Remote Guarding services' high deterrence rate (over 97%). The business is therefore highly dependent on the continued reliability, accuracy, and performance of its AI and machine learning platforms. Risks include the potential for AI system failures, false positives or negatives that could compromise security, challenges in scaling the AI and human-led remote guarding operations without degrading performance, and the need for continuous investment in research and development to keep pace with technological advancements. Additionally, public perception and potential regulatory scrutiny regarding AI surveillance, particularly concerning privacy implications of object and facial recognition, could also pose significant challenges.

Cloudastructure (CSAI) operates within several significant addressable markets related to security solutions for properties.

AI in Video Surveillance Market

• Globally, the AI in video surveillance market was estimated at USD 6.51 billion in 2024 and is projected to reach USD 28.76 billion by 2030, growing at a compound annual growth rate (CAGR) of 30.6% from 2025 to 2030.
• In the U.S., the AI in video surveillance market was valued at USD 2.08 billion in 2024 and is projected to reach USD 10.57 billion by 2033.
• Specifically for cloud-based solutions, the global Video Surveillance as a Service (VSaaS) market was estimated at USD 28.7 billion in 2024 and is projected to grow to USD 85.23 billion by 2035, exhibiting a CAGR of 10.4% from 2025 to 2035.

Remote Guarding Platforms Market

• The global remote guarding platforms market was valued at USD 3.8 billion in 2024 and is projected to reach USD 11.2 billion by 2033, growing at a CAGR of 12.7% during the forecast period.
• North America holds the largest share in the remote guarding platforms market, accounting for approximately 38% of the global market in 2024.

Smart Building Market

• The global smart building market was valued at USD 132.3 billion in 2024 and is poised to grow to USD 1059 billion by 2033, at a CAGR of 26% during the forecast period from 2026 to 2033.
• The U.S. smart building market accounted for USD 30.6 billion in 2024.

Cloudastructure (symbol: CSAI) is expected to drive future revenue growth over the next 2-3 years through several key strategies:

1. Expansion within existing top-tier property management customers: Cloudastructure is focused on a "land-and-expand" strategy, leveraging its current contracts with five of the top 10 property management companies on the NMHC 2024 list to expand its footprint across their extensive portfolios. The company's customer base already includes six of the top ten property management firms, providing access to an estimated 10,000 properties for potential future expansion. This strategy contributed to approximately 74% year-over-year customer growth in 2025.
2. Acquisition of new customers in the property management (proptech) sector: The company is actively acquiring additional customers within the property management and proptech space. This new customer acquisition, alongside expanding deployments with existing clients, was a key driver for Cloudastructure's 270% year-over-year revenue growth in 2025.
3. Expansion into new vertical markets: Beyond its strong presence in property management, Cloudastructure plans to enter additional markets. The company anticipates expanding into new verticals such as transportation, logistics, and construction sites in 2026. This is further supported by broad market adoption across multifamily, commercial, and infrastructure sectors.
4. Growth and adoption of AI-powered Remote Guarding services and innovative offerings: The accelerating adoption of Cloudastructure's core AI-driven surveillance and Remote Guarding solutions is a significant revenue driver. Remote Guarding services experienced a 154% increase in Q3 2025 alone. The company continues to introduce innovations like powered enclosure technology for rapid deployments and mobile surveillance trailer solutions, which enhance its offerings and market reach.

Share Repurchases

• Cloudastructure announced a Board-authorized share repurchase program of up to $5 million of common stock on October 16, 2025.
• The repurchases are contingent on capital needs, market conditions, and share price, and may be suspended or discontinued at any time.

Share Issuance

• In early 2021, Cloudastructure raised over $35 million in funding through a Regulation A offering.
• On January 29, 2025, the company issued Series 1 Convertible Preferred Stock for $6,300,000 and Class A common stock for $72.00 to Streeterville Capital, LLC as part of an Equity Financing.
• Cloudastructure secured an additional $7.5 million in March and April 2025 through the issuance of Series 2 Convertible Preferred Stock to an existing institutional investor ($4.5 million on March 26, 2025, and $3 million on April 21, 2025).

Inbound Investments

• Cloudastructure received over $35 million in funding from its Regulation A offering in early 2021.
• Streeterville Capital, LLC invested $6.3 million in the company in January 2025 through the purchase of Series 1 Convertible Preferred Stock and Class A common stock.
• An existing institutional investor made two separate investments in March and April 2025, totaling $7.5 million, through the issuance of Series 2 Convertible Preferred Stock.

Capital Expenditures

• Capital expenditures for the last 12 months were reported as -$262,000.
• The company invested in sales, marketing, and product development, contributing to a net loss of $2.06 million in Q3 2025.
• Proceeds from preferred investments are designated for advancing AI-driven security solutions, enhancing market expansion, and general corporate purposes.