YOUTILIGENT

Youtiligent is a technology company that specializes in AI-driven refrigeration monitoring solutions, focused on enhancing operational efficiency and preventing failures in refrigeration systems used by food retailers. Youtiligent, founded in 2016 in Israel, provides AI-powered refrigeration monitoring solutions. The company raised USD 1. 50 mn in SEED funding on June 10, 2019, led by Cornerstone Venture Partners, with participation from SAP.

iO. CEO Aviv Levin oversees operations, while founder Vadim Hashansky has a history of founding innovative technology firms. Youtiligent specializes in AI-powered proactive refrigeration monitoring solutions designed to enhance the efficiency and operational health of refrigeration units within food retail environments. Their core product leverages advanced artificial intelligence to provide real-time analytics and predictive health insights, addressing the critical need for early detection of inefficiencies and potential failures in refrigeration systems.

The platform is tailored for large-scale food retailers and is particularly effective in mitigating risks associated with equipment failure, which can lead to significant financial losses and operational disruptions. Youtiligent’s solutions have been effectively deployed across various international markets, including Europe and North America, serving prominent clients such as Lidl, which utilizes the technology to manage refrigeration challenges across multiple store locations. This client base includes a diverse range of retailers, from grocery chains to convenience stores, all seeking to optimize their refrigeration systems for better sustainability and cost-efficiency. Youtiligent operates on a subscription-based Software as a Service (SaaS) model, allowing clients to access its advanced refrigeration monitoring platform for a recurring fee tailored to the specific needs of their operations.

Revenue is generated through partnerships with retail chains that seek to streamline their refrigeration management and reduce operational costs. By providing a plug-and-play solution that integrates seamlessly with existing refrigeration units, Youtiligent enables retailers to benefit from predictive health insights and cost analytics without extensive upfront investments. The structure of these transactions typically involves a tiered subscription plan, which varies based on the scale and complexity of the client's operations, ensuring that businesses can choose a pricing plan that aligns with their needs and operational requirements. The emphasis on immediate actionable insights allows Youtiligent to foster long-term partnerships with its clients, contributing to sustained revenue growth as retailers increasingly prioritize proactive maintenance in their operational strategies.

Following the successful SEED funding round of USD 1. 50 mn in June 2019, Youtiligent will focus on expanding its product offerings and geographic presence. The company is actively developing new features to enhance its refrigeration monitoring platform and plans to introduce these advancements by mid-2022. Additionally, Youtiligent aims to expand into new markets, specifically targeting regions in Asia and South America by the end of 2023, leveraging recent investments to support these initiatives.