From In-Store Analytics To Digital Assistants, Artificial Intelligence Is Transforming Commerce

General News

Summary

The retail space in particular is buzzing with news, thanks to plans for an “Amazon Go Store,” where shoppers can grab items off shelves and walk out, bypassing a long line at check out. Computer vision algorithms will track the items that were picked and charge the customer’s credit card. Indiana-based SmarterHQ, which offers behavioral marketing for retail and e-commerce clients, raised $13M in Series C. Over 40% of the aggregate deals since 2012 have gone to startups outside the US. Some of the active investors in the space include Intel Capital (COSY, Emotient, Reflektion), Battery Ventures (SmarterHQ, BloomReach, Reflektion), Norwest Venture Partners (Modsy, Personali, InsightsOne), and Alven Capital (Deepomatic, Tinyclues, AntVoice). Mosaic gauges the health of private companies using metrics such as financing, industry category, and overall momentum (the latter includes jobs data, social and media mentions, web traffic, and more).

Classifications

industries
Fintech & Banking
applications
AI & Machine learning

AskAI Classifications

Labels
SaaS Business Intelligence Data Analytics

Linked Companies

CB Insights
$10M to $25M