Placer.ai, a Los Altos, CA-based foot traffic analytics platform, raised $4M in funding.
Backers included Array Ventures, IrishAngels Ventures, and Stage Venture Partners, as well as angel investors such as Ran Makavy of Lyft, and Craig Abrahams of Playtika.
Led by CEO and Co-Founder Noam Ben-Zvi, Placer.ai is an advanced foot traffic analytics platform allowing anyone in the retail industry to generate insights into any physical place for a deeper understanding of audiences and competition for customers to make data-driven decisions based on precise human movement analytics.
The tool applies AI, machine learning, and big data analytics to generate accurate insights and behavioral predictions for any location, store, or geographic area.
Current customers include CBRE, Caesars Entertainment, Oath, Bain & Company, and the Santa Cruz Beach Boardwalk.
The company has development offices in Tel Aviv.