Everseen, a Cork, Ireland-based provider of AI-powered computer vision and automation solutions, raised €65M in Series A funding.
The round was led by Crosspoint Capital Partners.
The company intends to use the funds to continue investment into its computer vision AI technology and scale operations.
Led by Alan O’Herlihy, Founder and CEO, Everseen has developed computer vision AI technology used by over half of the world’s top 15 retailers to mitigate and reduce retail shrink, streamline operations, and help deliver an improved customer experience. From store to warehouse, and checkout to shelf, the company processes and analyzes video daily and in real-time, while monitoring 220 million products. The system pinpoints processes that need immediate attention and instructs on the next best action to take and enable businesses to see and solve any retail challenge. This allows them to reinvent business processes that increase revenue, reduce cost and mitigate risk, while improving experiences for customers, employees and vendors alike.
FinSMEs
11/05/2023