# Vispera Information Technologies Industry Domestic and Foreign Trade Joint Stock Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vispera-information-technologies-industry-domestic-and-forei

- Industry: Software
- Headquarters: Istanbul, Turkey
- Website: www.vispera.co
- Total disclosed funding: $0.6M
- Latest round: Seed (Oct 25, 2016)
- Investors on record: 1

## About

Vispera, based in Turkey, provides cutting-edge image recognition solutions enhancing retail execution for grocery retailers and suppliers, aiming to optimize operational efficiency and customer engagement in the retail sector.Vispera Information Technologies specializes in image recognition technology for retail execution. Founded in 2014 in Istanbul, Turkey, the company has completed 2 deals to date, including a recent investment in October 2017, where it raised USD 1.2 mn from Logo Software Investment S.A. The founder, Ceyhun Akgül, has a background in technology and entrepreneurship, although specific details about prior ventures were not provided.Vispera specializes in providing advanced image recognition-based retail execution solutions designed to enhance operational efficiency for grocery retailers and suppliers. Their core offerings encompass a range of products aimed at addressing critical retail challenges, including Digital In-Store Execution Monitoring, Team Performance Tracking, Shelf Price Tracking, Promotions and Launch Tracking, Competitive Intelligence, Space Planning, and Category Management. These services leverage sophisticated artificial intelligence and deep learning technologies to deliver real-time insights and analytics, which are crucial for maximizing product visibility, minimizing stockouts, and ensuring compliance with promotional strategies. Vispera's customer base includes leading grocery retailers and consumer packaged goods (CPG) companies across multiple geographical markets, including Europe and North America, where they aim to transform the retail landscape through enhanced visibility and operational effectiveness.Vispera generates revenue through a combination of subscription-based models and strategic partnerships with retailers and CPG companies. Clients typically engage with Vispera for tailored solutions that integrate seamlessly into their existing retail operations, resulting in a recurring revenue stream based on the deployment of their image recognition technologies. The transaction structure often involves long-term agreements that specify service levels, support, and customized integration, providing clients with comprehensive insights into their retail environments. The company's flagship offerings, such as their Digital In-Store Execution Monitoring and Shelf Price Tracking solutions, form the cornerstone of these agreements, ensuring that clients receive both immediate and ongoing value from their investment in Vispera's technology. Through these structured partnerships, Vispera not only supports its clients in achieving operational goals but also establishes a reliable revenue framework to sustain its business growth.Vispera plans to leverage its recent financing of USD 1.2 mn from October 2017 to enhance its product offerings, particularly in advancing its image recognition technologies. The company aims to expand into new geographic markets, specifically targeting regions in Europe and North America by 2025. Upcoming product launches are expected to include enhancements to their Digital In-Store Execution Monitoring services, which are designed to provide even greater operational insights for retail partners.

## Funding rounds

- Seed, Oct 25, 2016, $0.6M — Keiretsu Capital

## Investors

- Keiretsu Capital (https://capitalatlas.ai/funds/keiretsu-capital) — Seed