Rish Gupta Net Worth: CEO & Co-Founder of Spot AI

Rish Gupta is an Indian entrepreneur who serves as the chief executive officer (CEO) of Spot AI. In 2018, Rish Gupta co-founded the company with his friends from Stanford University, Tanuj Thapliya (Executive Chairman) and Sud Bhatija (CGO). 

Headquartered in San Francisco, California, Spot AI specializes in video intelligence solutions. They offer a suite of AI-powered products and services designed to analyze and understand video footage, empowering businesses to make data-driven decisions and optimize operations.

Spot AI’s core offerings include AI Camera Systems, Spot AI Dashboard, Spot AI IVR, and Spot AI FilmRoom. The AI Camera System provides a user-friendly interface for managing and analyzing video feeds from multiple cameras. It can automatically detect events like motion, object detection, and facial recognition, triggering alerts and generating insights. 

Under Gupta’s leadership, Spot AI has raised funding from multiple rounds and is nearing $100 million in total funding. 

This article will look into Rish Gupta’s net worth, career, education, and more. 

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Rish Gupta Net Worth

Unfortunately, not much information is available on Rish Gupta’s net worth. We will update this section as soon as we come across any reliable information. 

However, it is worth noting that as the co-founder and CEO, Rish Gupta’s net worth is directly tied to Spot AI’s success. As the company continues to grow and thrive, it is likely that Rish Gupta’s net worth will also increase. 

Education

Rish Gupta completed a Bachelor of Arts (Honors) in Economics at Delhi University, where he actively participated in AIESEC, Delhi University. 

Later, from 2016 to 2018, he attended Stanford University Graduate School of Business and took courses in the Computer Science Department. His coursework included algorithms (CS106B), full stack web development (CS193X), modern applied statistics (Stats315B), introduction to databases (CS145), Python programming (CS41), deep learning (CS230), and a software senior project (CS194).

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Career

Rish Gupta began his career at Web 18 (Network 18) as a Product Manager from July 2009 to February 2010. There, he led a team of seven engineers in a platform re-launch that resulted in a 700% increase in page views and a 20% boost in downloads.

In March 2010, he co-founded Letsintern.com, which became India’s largest platform connecting college students with companies. Under his leadership, the company scaled to over 40 employees, achieved 20% profitability and reached 4 million users and over 22,000 corporate clients, including brands like Uber, Amazon, Adidas, and Pepsi. Letsintern earned numerous awards, including being recognized as the top internship app on Google Play in India and a top three innovative product in student-tech by Facebook. Also, the company was listed in NASSCOM’s Emerge50 and won the Economic Times Power of Ideas competition in 2010. In 2015, Letsintern was successfully acquired, marking a notable exit for Gupta after six years at the helm.

In 2017, he explored venture capital as a Part-time Associate with Founder Collective, based in the San Francisco Bay Area. After five months in this role, he realized his preference for building companies and returned to the startup ecosystem.

Then, Gupta joined Samsara, Inc. as a Senior Product Manager from June 2018 to December 2019. He led the development of the assets product line, growing it into a double-digit million-dollar ARR business. He designed and launched a patented asset tracker that became a multi-million-dollar product within two quarters and led the European product team during Samsara’s expansion into the European market.

In December 2019, Gupta co-founded Spot AI, where he held multiple roles. However, he initially served as Co-Founder & Head of Product, Engineering, and Customer Experience (CX) until April 2023. 

Then, he transitioned to Co-Founder & CPO and CX, followed by Co-Founder & COO until May 2024. 

Currently, he serves as the Co-Founder and CEO of Spot AI in San Francisco, California.

Latest Updates

Spot AI recently raised $31 million in new equity funding, bringing its total investment to $93 million. This latest funding round included new investor Qualcomm Ventures and returning investors like Scale Venture Partners, StepStone Group, Redpoint Ventures, and Bessemer Venture Partners, along with additional support from GSBackers, MVP Ventures, and Cheyenne Ventures.

In addition, Rish Gupta’s company has also introduced an innovative product called Video AI Agents. This technology shifts traditional video surveillance from passive recording to active, AI-powered incident management. Video AI Agents can autonomously detect issues and trigger responses. It can alert stakeholders, provide analytics, and activate lights, sounds, or machinery. This enables real-time responses to potential risks in safety, security, and operational efficiency.

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FREQUENTLY ASKED QUESTIONS

Who is the CEO of Spot AI?

The current chief executive officer (CEO) of Spot AI is Rish Gupta. Gupta co-founded the company with his friends from Stanford University, Tanuj Thapliya (Executive Chairman) and Sud Bhatija (CGO).

When was Spot AI founded?

Three friends from Stanford Business School – Tanuj Thapliyal, Rish Gupta, and Sud Bhatija- founded Spot AI in 2018. The trio wondered why were businesses not using video footage more effectively and decided to leverage this opportunity. 

What is the mission statement of Spot AI?

The mission of Spot AI is: “Turn every camera into a source of business value—helping organizations build safer, smarter, and more efficient spaces.”