ParallelDots

ParallelDots enables FMCG companies to improve their retail execution with Image Recognition.

General Information
Company Name
ParallelDots
Founded Year
2017
Location (Offices)
Seattle, United States +3
Founders / Decision Makers
Number of Employees
339
Industries
Analytics, Computer Vision, Consumer products +1
Funding Stage
Series A
Social Media

ParallelDots - Company Profile

ParallelDots is a leading player in the Computer Vision industry. Founded in 2014, the company's slogan "ParallelDots enables FMCG companies to improve their retail execution with Image Recognition" encapsulates its primary focus. Offering image recognition solutions for FMCG companies and retailers globally, ParallelDots helps optimize in-store execution and maximize sales. The company's technology not only enables fast setup but is also affordable to scale, leading to a higher ROI compared to other retail Image Recognition solutions. In their latest funding round in March 2022, ParallelDots secured an investment of INR342.00M in a Series A funding. The investment came from Multipoint Capital and Btomorrow Ventures, highlighting the confidence that prominent investors have in the company's potential. For businesses seeking to enhance retail execution through image recognition, ParallelDots presents a compelling option with its proven track record and technological superiority. For more information on why ParallelDots outshines other solutions, visit here.

Taxonomy: Image Recognition, Retail Execution, FMCG, CPG, Retail Technology, Shelf Compliance, Deep Learning, Computer Vision, Merchandising Execution, Product Recognition

Funding Rounds & Investors of ParallelDots (2)

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Funding Stage Amount No. Investors Investors Date
Series A INR342.00M 2 25 Mar 2022
Seed Round $2.00M 1 10 Oct 2017

Latest News of ParallelDots

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No recent news or press coverage available for ParallelDots.

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