AI company works to advance public safety
COLUMBIA, Md., (August 7, 2025) — TEDCO, Maryland’s economic engine for technology companies, announced a recent $200,000 Pre-Seed Builder Funds investment in PerVista. Under the umbrella of TEDCO’s Social Impact Funds, the Pre-Seed Builder Fund invests in and provides support to Maryland-based technology companies led by founders from economically underserved backgrounds.
“Investment into Maryland AI startups isn’t just about funding innovation, it’s about accelerating impact in our state as we face shifting winds,” said Vennard Wright, CEO of Pervista. “TEDCO’s investment into PerVista AI is both a vote of confidence in our mission and a catalyst for growth. This support enables us to scale rapidly, stay ahead of evolving threats and solidify our position as a leader in the AI-powered public safety space. We’re deeply grateful for this collaboration as we continue working to make public spaces safer for everyone."
PerVista, Inc., located in Greenbelt, Md., is a company developing artificial intelligence (AI) solutions that will support a proactive approach to threat detection. By analyzing electro optical signals from drones and surveillance cameras, the company offers personalized security solutions to all industries including commercial, government and healthcare.
“The mission to serve the state of Maryland through economic success, is exemplified by Pervista. Investment grade risk and return is one of the many factors which TEDCO seeks to identify for investing in the next generation of Maryland-businesses,” said Jean-Luc Park, deputy chief investment officer & senior director of TEDCO’s Social Impact Funds. “Through TEDCO’s Social Impact Funds, we follow a strong commitment to empower founders and enable them to be successful.”
Since the first investment from TEDCO in 2024 from the Social Impact Funds, PerVista has taken advantage of many TEDCO resources, including the DefTech and Network Advisors programs.
“Maryland has been identified as one of the most prominent emerging hubs for venture capital investment,” said TEDCO CEO, Troy LeMaile-Stovall. “For founders seeking to build startups and create meaningful impact, Maryland offers an unparalleled environment for growth.”
TEDCO’s Social Impact Funds are just one of the many investment opportunities available to qualifying technology-focused startups and small businesses across Maryland. For more information, visit our page at www.tedcomd.com/funding.