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Nilay Parikh
Nilay Parikh
Founder and CEO, Arvist
Company
Arvist
Based in
Chicago, IL
Stage
Seed
Type
Founder
Nilay Parikh is founder and CEO of Arvist, a Chicago company he co-founded in 2023 with CTO Bazyl Horsey. Arvist uses computer vision on cameras and scanners warehouses already have to catch damaged goods, labeling errors, and shipping discrepancies in real time, targeting the estimated $50 billion warehouses lose each year to shipment errors. He has said the goal is to make advanced quality control technology affordable for operators beyond the biggest players in the industry. In 2025 Arvist opened a hands-on AI Experience Center in Woodridge, Illinois for warehouse operators to test the system.
Company
Arvist
Arvist
Arvist applies computer vision to a warehouse's existing cameras and scanners to catch quality control and compliance errors like damaged goods and shipping mistakes in real time.
Founded
2023
Raised
$4M
Stage
Seed
HQ
Chicago, IL
Investors
RVC
Rackhouse Venture Capital
KV
Kompas Ventures
FV
Foster Ventures
MV
Mana Ventures
VV
Veddis Ventures
IPV
Iron Prairie Ventures
GV
Geek Ventures
Investor data via Harmonic
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