AHOY, a Montreal-based deep-tech infrastructure company building the operational layer for Real-World AI, has announced it has surpassed $100 million in annual recurring revenue, representing 330 times growth over the last five years with positive operating margins. The company has also confirmed it is in advanced discussions with tier-one investment banks to structure a growth-stage funding round to accelerate sovereign and edge deployments worldwide.
Founded in 2018 by Jamil Shinawi, AHOY’s full-stack Real-World AI platform transforms multimodal sensor streams into auditable action by combining real-time perception, graph-based contextual reasoning through its Information Intelligence SDK, and a deterministic permissioning and orchestration layer. The architecture is purpose-built for low-latency decisioning, compliance-driven sovereignty, and resilient operation across cities, airports, data centers, supply chains, and other critical infrastructure. The platform runs on-chip, at the edge, on-premises, and in fully air-gapped environments, the latter enabled through research conducted at Trouve Labs, the company’s frontier AI and machine learning research lab.
AHOY’s technology is already operational across North America, Europe, the Gulf Cooperation Council, and emerging markets, delivering measurable improvements in uptime, response times, and regulatory compliance. The company operates engineering and commercial hubs across North America, Southeast Asia, Europe, and the GCC.
Planned use of proceeds from the contemplated funding round includes accelerating global deployment with emphasis on sovereign on-soil deliveries, deepening sovereign and edge AI capabilities and on-chip inference, scaling engineering, research, and go-to-market teams, and supporting strategic partnerships and targeted acquisitions. AHOY is pursuing the financing to support a multi-year roadmap toward expanded global scale and to position the company for potential public markets readiness within the next five years.
KEY QUOTES:
“This milestone isn’t just financial validation, it confirms that Real-World AI is already operational today. While much of the industry focuses on research and larger models in the cloud, AHOY has concentrated on the hard work of deploying trustworthy, auditable intelligence where it actually matters: on-chip, at the edge, on-prem, and in fully air-gapped environments thanks to all the research we have done in Trouve Labs, our frontier AI & ML research lab.”
“As governments and operators demand greater locality, auditability, and operational trust, the market is separating into systems that can only describe and systems that can reliably act. AHOY builds the infrastructure for the latter, an engineered, agnostic stack for Real-World AI that meets the security, latency, and sovereignty requirements of mission-critical systems and reduces the data life cycle for intelligence in the Real-World.”
Jamil Shinawi, CEO and Founder, AHOY
