Bossa Nova, a leader in AI technology for the retail industry, stands out with its slogan "AI tech leadership that delivers unbeatable competitive advantage, new revenue opportunities, and profitable growth." With its establishment back in 2005, the company has made significant strides, evident with its latest $6.00M Debt Financing investment on 11 March 2020, led by Celesta Capital, Ten Eighty Capital. The company's innovative approach has garnered attention, being recognized as one of the "Forbes - 2019 Most Promising AI Companies." Bossa Nova's AI-based image capture and analysis engine, built on an extensive library of images of grocery, general merchandise, and consumable products, has found favor with major retailers, offering them real-time insights. By embedding Bossa Nova into their mobile apps, retail and CPG clients gain access to comprehensive data, providing them with a competitive edge. Bossa Nova's expertise in image interpretation based on a broad labelled product library sets it apart, enabling the coverage of numerous brands, categories, and products. This ability to interpret real-time images in the field and deliver detailed data and analytics for various in-store aspects such as promotional displays, merchandising, product location, pricing, and stock outs has proved to be invaluable for retailers and CPGs. The company operates in several interconnected industries, including AI, Analytics, Computer Vision, Computing, Retail, Robotics, Autonomous and Sensor Tech, and is headquartered in the United States. With its impressive track record, continuous innovation, and strategic investments, Bossa Nova is well-positioned for further growth and influence in the retail technology sector.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | $6.00M | 2 | 11 Mar 2020 | |
Series B | $1.00M | 1 | 28 Oct 2019 | |
Series B | $6.00M | 1 | 11 Apr 2019 | |
Series B | Unknown | 1 | 18 Sep 2018 | |
Series C | $29.00M | 7 | PacVen Walden Ventures, LG Electronics | 21 Jun 2018 |
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