Black.ai

SoftwareSeedMelbourne, Australiablack.ai

Latest round

Seed

Last raised

Jun 2022

Total raised

$6.4M

Investors

9

About Black.ai

ai develops a sophisticated platform aimed at optimizing in-store retail operations.ai offers an advanced autonomous retail platform designed to enhance in-store shopping experiences through real-time monitoring and analysis of customer interactions.ai System, leverages a distributed sensor and computing architecture to map and monitor retail environments, enabling clients to track customer journeys within stores by observing interactions such as product pickups, inspections, and abandonments. This innovative solution aims to address critical challenges in retail, including improving customer conversion rates, optimizing marketing attribution, and minimizing losses due to theft. The platform serves a diverse client base, primarily focusing on national retail chains and industrial settings, particularly in regions such as the United States, where the technology can be integrated with existing camera infrastructure.ai operates on a business-to-business (B2B) model, primarily generating revenue through service agreements with retail clients. The company provides its technology through various transactional structures, including subscription-based services and direct sales partnerships.ai System into their existing operations, where they are charged based on the scale of implementation and the specific features utilized. Revenue streams may include fees for initial setup, ongoing service and support, and potential additional charges for premium features or data analytics services. Specific new products are in development, although release dates have not been disclosed.

Who invested in Black.ai

9 investors across 4 rounds

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Funding rounds

  1. Seed

    Jun 27, 2022

    Amount

    $5.4M

    Investors

    Locked

  2. Seed

    Mar 28, 2022

    Amount

    $0.3M

    Investors

    Locked

  3. Seed

    Jul 6, 2018

    Amount

    $0.7M

    Investors

    Locked

  4. Seed

    Sep 1, 2017

    Amount

    Undisclosed

    Investors

    Locked

Questions about Black.ai

Who invested in Black.ai?

Black.ai has 9 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Black.ai raised?

Black.ai has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Black.ai last raise money?

Black.ai's most recent round on record is a Seed, in Jun 2022.

What does Black.ai do?

ai develops a sophisticated platform aimed at optimizing in-store retail operations.

Where is Black.ai headquartered?

Black.ai is headquartered in Melbourne, Australia.

Which VCs invest in companies like Black.ai?

Among active investors with capital left to deploy, Blackbird, AirTree Ventures, Square Peg and Immutable Ventures back software companies at Black.ai's stage. Their profiles are linked below.

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