Trigo vision Ltd.

Trigo vision Ltd. is a company focused on utilizing advanced Vision AI technology to improve retail operations, enhancing loss prevention and enabling frictionless checkout experiences for customers globally. Founded in 2018 by Art Riff and Michael Gabay, Trigo vision Ltd. is headquartered in Tel Aviv, Israel.

The company provides innovative solutions for the retail sector, focusing on streamlining operations and enhancing customer experiences. Trigo has completed a total of 6 deals, with its most recent funding round occurring on October 26, 2022. During this SERIES C round, the company raised USD 100. 00 mn, co-led by Temasek Holdings and 83 North, with participation from other notable investors including Hetz Ventures and SAP SE.

The total amount raised by Trigo to date stands at USD 100. 00 mn. Trigo Retail specializes in advanced Vision AI technology designed to address challenges within the retail sector. The company's platform includes solutions for loss prevention, frictionless checkout, and operational efficiency.

Trigo processes over 60 million shopping activities annually, helping retailers modernize operations while ensuring customer privacy through a strict privacy-by-design approach. The company serves prominent retail leaders across Europe and North America, enhancing both brick-and-mortar and online shopping experiences by utilizing non-biometric data for compliance and security. Trigo Retail generates revenue through a structured pricing model primarily focused on B2B transactions with retail clients. The company engages in partnerships with retailers, offering subscription-based access to its technology platform, which includes features for loss prevention and operational analytics.

Revenue is based on the scale of operations and specific services utilized, supporting long-term relationships with retail partners and facilitating continuous improvements to Trigo's offerings. In October 2022, Trigo vision Ltd. raised USD 100. 00 mn in SERIES C funding to support its growth initiatives.

The company plans to expand into new geographies, focusing on the development of a comprehensive store and inventory management software application suite. Additionally, Trigo aims to scale the deployment of autonomous urban supermarkets across Europe and the US, leveraging the recent funding to enhance its product offerings and market reach.