Focal Systems

The Operating System of Retail

General Information
Company Name
Focal Systems
Founded Year
2015
Location (Offices)
Burlingame, United States +1
Founders / Decision Makers
Number of Employees
154
Industries
AI, Computer Vision, E-Commerce +1
Funding Stage
Series B
Social Media

Focal Systems - Company Profile

Focal Systems is a disruptive startup in the Retail and Computer Vision industries, founded in 2015 and headquartered in the United States. The company's platform, described as "The Operating System of Retail," employs low-cost, discrete shelf cameras and a sophisticated computer vision model to automate shelf scans, effectively reducing scanning costs by up to 50%. This automation allows store personnel to focus on enhancing customer experience and other high-value tasks, ultimately improving in-store product availability and boosting sales by 3-5%. The recent $25.88M Series B investment from Point 72 Ventures in November 2021 underscores the confidence and interest in Focal Systems' disruptive technology and its potential for scalability and impactful results. The deployment of Focal Systems' shelf cameras at major global retailers and their daily processing of over 10M shelf scan images demonstrate a proven track record and the potential for substantial market penetration. By integrating with existing retail systems and applications, Focal Systems' platform offers additional cost savings and real-time insights, making it a compelling proposition for retailers seeking to optimize operations and enhance the customer experience.

Taxonomy: Computer Vision, Retail Automation, AI-driven Retail Solutions, Retail Operations, Shelf Scanning, Machine Learning Platform, Cloud-based Solutions, Real-time Data Analysis, Retail Technology, Customer Experience Improvement

Funding Rounds & Investors of Focal Systems (6)

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Funding Stage Amount No. Investors Investors Date
Series B $25.88M 1 Point72 Ventures 01 Nov 2021
Corporate Round $4.80M - 01 Dec 2019
Series A $8.50M 2 01 Oct 2017
Seed Round $2.50M 3 01 May 2016
Pre Seed Round $120.00K 1 22 Mar 2016

View All 6 Funding Rounds

Latest News of Focal Systems

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No recent news or press coverage available for Focal Systems.

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