CoolR Group raises $10 million to accelerate automated ordering globally
Summary
CHANTILLY, Va., Oct. 13, 2022 /PRNewswire/ CoolR Group, the leader in automated ordering for brands using AI-based image recognition, has announced a $10 million round led by long-term VC investor First Analysis. We look forward to helping CoolR scale further and unlock its full potential.CoolR provides advanced, end-to-end, IoT-based visual AI solutions for CPG brands and retailers. CoolRs technology monitors refrigerated, frozen, and ambient shelves, collecting data on out-of-stock opportunities, product performance and execution audits. CoolR specializes in remote, unbiased monitoring, enabling high-performance results for sales uplift and cost reduction programs for its partners. Whether using cameras or smartphones to generate images, CoolR aims to integrate with current process and then suggest actions and improvements.More information and contact form at www.coolrgroup.com.