Belive.ai

Belive. ai develops advanced AI solutions designed for enhancing customer experiences in retail environments through innovative technologies. Belive. ai, founded in 2019 in Amiens, France, specializes in artificial intelligence for retail.

The company was established by Antoine Gerard-Shine, Aurélien Escartin, David Borakovic, and François Company. In February 2023, SES-imagotag agreed to acquire Belive. ai, although financial terms have not been disclosed. The company has completed 4 funding deals, with its latest round, in which it raised EUR 1.

149 mn, led by investors Nord Capital Partenaires and Picardie Investissement. Overall, Belive. ai has raised a total of EUR 1. 149 mn and currently holds a company valuation of EUR 3.

822 mn. Belive. ai specializes in innovative AI solutions aimed at enhancing customer experience within retail environments. The company's core offerings include liveshop.

ai and livepick. ai, which leverage computer vision and image recognition technologies to optimize store operations. Liveshop. ai enables real-time monitoring of stock levels, shelf compliance, and layout testing, addressing issues such as out-of-stock situations and inefficient customer checkout processes.

Livepick. ai caters to B2B clients by providing a subscription-based service that allows businesses to offer goods around the clock and streamline supply chain operations. These products serve a diverse customer base, including large retailers and manufacturers across France, the United States, and Canada. In 2023, Belive.

ai generated revenue of EUR 2,780,214. 30, with an EBITDA of EUR -1,419,749. 10. The company primarily generates revenue through subscription models associated with its products, allowing clients to access and benefit from its proprietary technology.

B2B partnerships underpin its transaction structure, where retailers subscribe to the services offered by Belive. ai to enhance operational efficiency and customer satisfaction. The flagship solutions, liveshop. ai and livepick.

ai, are integral to revenue generation, providing essential tools for improving inventory management and customer interactions. Following the acquisition by SES-imagotag in February 2023, Belive. ai aims to enhance its artificial intelligence platform and computer vision capabilities for retail. The recent funding will support these initiatives, enabling the development of new products and the expansion into new markets.

Specific targets for market expansion have not been disclosed, but the company's strategic direction appears to align with SES-imagotag's objectives to drive growth in the retail sector.