Veesion
Veesion is an AI-powered retail security company that provides real-time theft prevention through video analytics on existing surveillance cameras. The platform uses deep learning algorithms to continuously analyze video streams, detecting body movements and concealment behaviors commonly associated with shoplifting, and sends short mobile video alerts to store teams so they can intervene before theft occurs.…
Funding snapshot
About
Veesion is an AI-powered retail security company that provides real-time theft prevention through video analytics on existing surveillance cameras. The platform uses deep learning algorithms to continuously analyze video streams, detecting body movements and concealment behaviors commonly associated with shoplifting, and sends short mobile video alerts to store teams so they can intervene before theft occurs. Veesion's technology is trained specifically on retail environments and is designed for early intervention, reducing repeat theft rather than just recording incidents. The solution requires no facial recognition, no extra hardware, and no disruption to store operations, deploying live within days on existing camera infrastructure. The platform serves specialty retail (convenience, home improvement, liquor stores), grocery and supermarkets, and pharmacies, with tailored detection for each environment's specific theft patterns. Veesion is trusted by over 6,000 stores across 55+ countries, with data showing up to 60% of incidents involve repeat visitors. The company also offers a recurring theft calculator and resources on shoplifting patterns, employee theft, CCTV strategy, and loss prevention trends. Founded in 2018 and headquartered in Paris, France, Veesion has raised $53.8M in Series B funding from investors including Verve Ventures, Techmind, Aglae Ventures, Founders Future, Odyssee Venture, Constructive Venture Fund, White Star Capital, Red River West, Bpifrance, Courtin Investment, and Kima Ventures.
Business model
Security & Surveillance Technology > Surveillance > Video Surveillance > Analytics > Integrated Video Analytics,
Image Recognition > Applications > Offline Retail > Retail Execution,
In Store Retail Tech > Analytics > Diversified > Video > AI Based,
Founders Future Batches > 2018,
Plug and Play Tech Center Batches > Lafayette - Plug and Play > Batch 5
Team background
College Wise > HEC Paris
Institutional investors
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