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Developer of AI retail solutions for loss prevention and process improvement. Developer of AI retail solutions for loss prevention and process improvement. The system integrates with existing hardware and software to identify unscanned items. It detects barcode switching and non-scans at checkout. The AI also recognizes barcodeless items to streamline self-checkout processes. The company operates in the Retail > In…

Retail · In Store Retail Tech, · United Kingdom · EST 2014

About

Developer of AI retail solutions for loss prevention and process improvement. Developer of AI retail solutions for loss prevention and process improvement. The system integrates with existing hardware and software to identify unscanned items. It detects barcode switching and non-scans at checkout. The AI also recognizes barcodeless items to streamline self-checkout processes. The company operates in the Retail > In Store Retail Tech, High Tech > Edge Computing sector. Founded in 2014 and headquartered in United Kingdom and has raised $17.9 million in Seed funding. Key investors include Octopus Ventures, Santander InnoVentures, Zen Invest, Collider, Telefonica, Mangrove Capital Partners, Mouro Capital, Rank Ventures.

Business model

Edge Computing > Edge AI Platforms > No Code,

Image Recognition > Applications > Offline Retail > Self Checkout,

In Store Retail Tech > Store Automation,

Autonomous Retail > Physical Stores > Technology Enablers > Autonomous Store Platform,

Online Grocery > Autonomous Stores > Tech Enablers > Autonomous Store Platform

Founders & team highlights

Founder with Prior Funding,

Serial Founder

Team background

College Wise > Tel Aviv University

Institutional investors

Octopus VenturesSantander InnoVenturesZen InvestColliderTelefonicaMangrove Capital PartnersMouro CapitalRank VenturesTrue GlobalWekixWayra Deutschland

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