1
Country: Singapore | Funding: $1.1B
Trax is developing a system for stores that uses computer vision to collect real-time data on product availability on shelves, coolers, displays, bar taps, back rooms and in the inventory. After uploading images to the Trax cloud, every pixel is analyzed and products are identified using a comprehensive stock-keeping unit (SKU) database. The system verifies product placement and arrangement, comparing them with planograms and key performance indicators (KPIs). The system converts shelf data into metrics for performance monitoring, providing retail analytics that enables informed decisions, timely order placement and optimized inventory management. The company is also developing the Shopkick app for customer engagement that is based on geolocation and motivates customers to interact with stores that reward their loyalty.
Trax is developing a system for stores that uses computer vision to collect real-time data on product availability on shelves, coolers, displays, bar taps, back rooms and in the inventory. After uploading images to the Trax cloud, every pixel is analyzed and products are identified using a comprehensive stock-keeping unit (SKU) database. The system verifies product placement and arrangement, comparing them with planograms and key performance indicators (KPIs). The system converts shelf data into metrics for performance monitoring, providing retail analytics that enables informed decisions, timely order placement and optimized inventory management. The company is also developing the Shopkick app for customer engagement that is based on geolocation and motivates customers to interact with stores that reward their loyalty.
2
Country: USA | Funding: $239.4M
Standard Cognition is an artificial intelligence platform that allows buyers to grab what they want without having to go to a cashier.
Standard Cognition is an artificial intelligence platform that allows buyers to grab what they want without having to go to a cashier.
3
Country: USA | Funding: $221M
Reimagining fulfillment with intelligent robots that can pick and pack anything.
Reimagining fulfillment with intelligent robots that can pick and pack anything.
4
Country: Israel | Funding: $199M
Trigo is a developer of AI-based automated retail checkout systems.
Trigo is a developer of AI-based automated retail checkout systems.
5
Country: USA | Funding: $193.6M
Presto digitizes the dining room for restaurants and makes them smarter and more profitable.
Presto digitizes the dining room for restaurants and makes them smarter and more profitable.
6
Country: USA | Funding: $175.8M
Bear Robotics develops AI Robot-waiters for Restaurants
Bear Robotics develops AI Robot-waiters for Restaurants
7
Country: UK | Funding: $117.7M
Peak is a decision intelligence company that provides a platform to offer data analysis services.
Peak is a decision intelligence company that provides a platform to offer data analysis services.
8
Country: USA | Funding: $101.5M
Gorgias develops a customer support helpdesk specially designed for online stores. It uses AI and customer data to automate responses to basic questions.
Gorgias develops a customer support helpdesk specially designed for online stores. It uses AI and customer data to automate responses to basic questions.
9
Country: USA | Funding: $97.6M
Bossa Nova produces robots for retail stores. They scan shelves to help employees with restocking, keep track of where items are located, so you can find your favorite items at any time.
Bossa Nova produces robots for retail stores. They scan shelves to help employees with restocking, keep track of where items are located, so you can find your favorite items at any time.
See also:
Top 10 SaaS startups in Retail
Top 10 SaaS startups in Retail
10
Country: Ireland | Funding: $88.6M
Everseen uses computer vision to prevent theft at self-checkout counters.
Everseen uses computer vision to prevent theft at self-checkout counters.
11
Country: USA | Funding: $87.1M
AiFi is an information technology company that specializes in developing store automation systems.
AiFi is an information technology company that specializes in developing store automation systems.
12
Country: Israel | Funding: $71.6M
Tastewise is the AI platform food brands use to make smarter decisions for a healthy, sustainable, and delicious future. Tastewise works with food brands, manufacturers, ingredient companies, and flavor houses to enhance new product development, build marketing strategies, and accelerate sales in retail and restaurants.
Tastewise is the AI platform food brands use to make smarter decisions for a healthy, sustainable, and delicious future. Tastewise works with food brands, manufacturers, ingredient companies, and flavor houses to enhance new product development, build marketing strategies, and accelerate sales in retail and restaurants.
13
Country: USA | Funding: $71.9M
Lily AI is the leader in predictive psychographics for retail ecommerce. Consumer spending online for apparel now accounts for over 27% of all clothing sales. Retailers need to understand each consumer’s emotional context while they are actively shopping.
Lily AI is the leader in predictive psychographics for retail ecommerce. Consumer spending online for apparel now accounts for over 27% of all clothing sales. Retailers need to understand each consumer’s emotional context while they are actively shopping.
14
Country: USA | Funding: $64M
Narvar is a customer experience platform that helps retailers that uses machine learning to understand customer preferences, build customer profiles based on delivery and communication preferences, purchase history, feedback and more. The platform also applies machine learning across billions of interactions to improve supply chain efficiencies, future transactions and customer experiences.
Narvar is a customer experience platform that helps retailers that uses machine learning to understand customer preferences, build customer profiles based on delivery and communication preferences, purchase history, feedback and more. The platform also applies machine learning across billions of interactions to improve supply chain efficiencies, future transactions and customer experiences.
15
Country: USA | Funding: $58.2M
Shelf Engine is a provider of an automated prediction engine that recommends what to order everyday.
Shelf Engine is a provider of an automated prediction engine that recommends what to order everyday.
16
Country: Ukraine | Funding: $50M
Neuromation is a leading Enterprise AI solutions and platform provider. The company's Neuro platform is a best-in-class machine learning development tool enabling rapid model iteration with an unparalleled developer experience.
Neuromation is a leading Enterprise AI solutions and platform provider. The company's Neuro platform is a best-in-class machine learning development tool enabling rapid model iteration with an unparalleled developer experience.
17
Country: USA | Funding: $50.4M
Deep North enables enterprises to understand consumer behavior in physical environments using deep learning and AI based video analytics.
Deep North enables enterprises to understand consumer behavior in physical environments using deep learning and AI based video analytics.
18
Country: USA | Funding: $46.5M
Pypestream’s Customer Engagement Solution enables businesses to connect with customers using the power of smart messaging, driving satisfaction and loyalty. The patented, secure and compliant platform combines pragmatic AI and chatbots to enable transactions over messaging.
Pypestream’s Customer Engagement Solution enables businesses to connect with customers using the power of smart messaging, driving satisfaction and loyalty. The patented, secure and compliant platform combines pragmatic AI and chatbots to enable transactions over messaging.
19
Country: Switzerland | Funding: $31.2M
Advertima's computer vision technology interprets human behavior in the physical world to offer smart retail solutions.
Advertima's computer vision technology interprets human behavior in the physical world to offer smart retail solutions.
20
Country: Belgium | Funding: $29.6M
Sentiance is a data science company turning IOT sensor data into rich insights about people’s behavior and real-time context.
Sentiance is a data science company turning IOT sensor data into rich insights about people’s behavior and real-time context.
21
Country: Czech Republic | Funding: $27M
Cosmose is a company developing a data analytics platform that predicts consumers' offline shopping behaviors.
Cosmose is a company developing a data analytics platform that predicts consumers' offline shopping behaviors.
22
Country: Poland | Funding: $27M
Cosmose AI empowers oCommerce by synergizing offline and online for omnichannel and influence.
Cosmose AI empowers oCommerce by synergizing offline and online for omnichannel and influence.
23
Country: China | Funding: CN¥110M
SandStar develops checkout-free convenience store technologies.
SandStar develops checkout-free convenience store technologies.
24
Country: USA | Funding: $25.1M
Predictive software for inventory decision-making in commerce, powered by AI/ML.
Predictive software for inventory decision-making in commerce, powered by AI/ML.
25
Country: USA | Funding: $20.3M
Insite AI is a platform for consumer packaged goods companies that uses AI to provide recommendations on how to price, distribute and promote their products in physical stores
Insite AI is a platform for consumer packaged goods companies that uses AI to provide recommendations on how to price, distribute and promote their products in physical stores
26
Country: USA | Funding: $18M
Caper builds smart shopping carts powered by deep learning and computer vision to enable cashierless checkout.
Caper builds smart shopping carts powered by deep learning and computer vision to enable cashierless checkout.
27
Country: USA | Funding: $17M
Using it's proprietary image and video recognition technologies, Vue.ai's product suite changes the way stores and brands build personalized experiences for their customers online and in-store; it redefines the way marketers instantly gratify, acquire and grow their customer base across multiple social channels; and automates key warehouse and factory floor workflows involving product tagging, photo shoots, catalog management and more.
Using it's proprietary image and video recognition technologies, Vue.ai's product suite changes the way stores and brands build personalized experiences for their customers online and in-store; it redefines the way marketers instantly gratify, acquire and grow their customer base across multiple social channels; and automates key warehouse and factory floor workflows involving product tagging, photo shoots, catalog management and more.
28
Country: Germany | Funding: €12.2M
Nyris is an image search engine that is used as a software as a service.
Nyris is an image search engine that is used as a software as a service.
29
Country: USA | Funding: $10M
Satisfi Labs creates end-to-end artificial intelligence solutions for enterprise brands who want an easier way to communicate the right information, at the right place, in real-time to their customers.
Satisfi Labs creates end-to-end artificial intelligence solutions for enterprise brands who want an easier way to communicate the right information, at the right place, in real-time to their customers.
30
Country: UK | Funding: $8.8M
Proactive supply chain management using AI to enable real-time data aggregation and automation
Proactive supply chain management using AI to enable real-time data aggregation and automation
31
Country: Ukraine | Funding: $7.3M
Competera Pricing platform helps retailers to set and maintain optimal prices with the help of AI.
Competera Pricing platform helps retailers to set and maintain optimal prices with the help of AI.
32
Country: India | Funding: $6.5M
ParallelDots is an Image Recognition platform that empowers FMCG companies to maximise their sales through better in-store execution.
ParallelDots is an Image Recognition platform that empowers FMCG companies to maximise their sales through better in-store execution.
33
Country: USA | Funding: $3.5M
VOICEplug AI enables restaurants to offer an interactive and conversational ordering experience while reducing cost and increasing average check size per order. Our Conversational AI solution is integrated with your restaurant’s phone system, call center, drive-thru, or online ordering system, can accept orders from customers that use natural language voice conversations and commands.
VOICEplug AI enables restaurants to offer an interactive and conversational ordering experience while reducing cost and increasing average check size per order. Our Conversational AI solution is integrated with your restaurant’s phone system, call center, drive-thru, or online ordering system, can accept orders from customers that use natural language voice conversations and commands.
34
Country: USA | Funding: $1.3M
Datrics democratizes the creation of self-service analytics and machine learning solutions by providing an intuitive drag-n-drop interface.
Datrics democratizes the creation of self-service analytics and machine learning solutions by providing an intuitive drag-n-drop interface.
35
Country: France | Funding: €500K
Retail Robotics Solutions develops one-of-a-kind Neural Network that possesses the remarkable ability to swiftly identify meals on trays within self-service eateries or corporate dining establishments.
Retail Robotics Solutions develops one-of-a-kind Neural Network that possesses the remarkable ability to swiftly identify meals on trays within self-service eateries or corporate dining establishments.
36
Country: USA | Funding: $125K
Zensors can digitize your physical environment in seconds, turning everyday spaces into smart, reactive experiences. Use cameras to answer critical business questions, stay informed in realtime, and streamline your operations, without deploying any new IoT sensors.
Zensors can digitize your physical environment in seconds, turning everyday spaces into smart, reactive experiences. Use cameras to answer critical business questions, stay informed in realtime, and streamline your operations, without deploying any new IoT sensors.
37
Country: Bosnia and Herzegovina | Funding: $55.7K
Koola is a predictive maintenance platform utilizing AI and machine learning that connects car dealerships and OEM's with its clients.
Koola is a predictive maintenance platform utilizing AI and machine learning that connects car dealerships and OEM's with its clients.
38
Country: India
Cogniphi is a pioneer in AI Vision platform technology that enables customers to achieve transformational outcomes through cognitive digital solutions.
Cogniphi is a pioneer in AI Vision platform technology that enables customers to achieve transformational outcomes through cognitive digital solutions.
39
Country: Argentina
Sumato-Id develops software for digitizing physical store using facial recognition biometrics, cognitive algorithms and Artificial Intelligence
Sumato-Id develops software for digitizing physical store using facial recognition biometrics, cognitive algorithms and Artificial Intelligence
