# Tiliter

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tiliter-pty

- Industry: Software
- Headquarters: Sydney, Australia
- Website: www.tiliter.com
- Total disclosed funding: $12M
- Latest round: Series A (Mar 14, 2022)
- Investors on record: 5

## About

Based in Sydney, Australia, and founded in 2017 by Marcel Herz, Martin Karafilis, and Chris Sampson, Tiliter Pty Ltd., a.k.a. Tiliter operates as an artificial intelligence (AI) technology provider that utilizes computer vision to recognize products without barcodes for the retail industry. In October 2020, Tiliter Pty Ltd. raised USD 7.5 million in a Series A funding led by Investec Emerging Companies, with participation from AngelList, Cornell University, and Eleanor Ventures.

The company provides Recognition API, a computer vision software that gives retailers access to its product recognition technology for client-managed cameras. The software automatically identifies items like fruit and vegetables, nuts, confectionary, and bakery items without barcodes, packaging, and price stickers, helping shoppers to manage during self-checkout. In addition, the software offers a wide range of features, such as automatic fresh produce, fraud prevention, bag detection, plastic reduction, and detect organic marking, as well as software can be integrated into existing POS hardware, including the Zebra MP7, the NCR 7895, the Datalogic TDi and more.

## Funding rounds

- Series A, Mar 14, 2022, $2.9M — Flying Fox Ventures
- Series A, Jun 1, 2021, $3.1M — Flying Fox Ventures
- Series A, Oct 9, 2020, $5.6M — Investec Emerging Companies, Cornell University, AngelList, Eleanor Ventures, Flying Fox Ventures

## Investors

- Investec Emerging Companies (https://capitalatlas.ai/funds/investec-emerging-companies) — Series A
- Cornell University — Series A
- AngelList — Series A
- Eleanor Ventures — Series A
- Flying Fox Ventures (https://capitalatlas.ai/funds/flying-fox-ventures) — Series A