Australia · Retail startup

black.ai

black.ai is an Australian artificial intelligence company founded in Melbourne in 2016.

Funding reportedLast round: Seed

RetailMelbourne, Australia

About black.ai

black.ai is an Australian artificial intelligence company founded in Melbourne in 2016.

The company specializes in transforming standard camera footage into AI-powered retail intelligence, focusing on optimizing customer journeys in retail environments. Its primary offering is the Black.ai System, an autonomous retail platform that utilizes a distributed sensor and compute system to map and monitor retail stores in real-time. The Black.ai System detects objects and events, allowing retailers to track specific actions such as picking up or inspecting items. It also maps visitor journeys, providing insights into customer behavior and interactions within the store. This technology is particularly beneficial for supermarkets and industrial retail settings, helping businesses increase sales, reduce inventory loss, and stay ahead of market trends. By utilizing existing camera infrastructure, black.ai enables clients to enhance efficiency and revenue without the need for new hardware installations.

What company datasets say black.ai raised

Funding, as reported

Reported in all13.3Min the source's currency
Rounds6
Last roundSeed
Last round size5.4M
Last round dateJun 2022
Investors listed5

Founders and team

From black.ai's own website: 2 on the team.

  • Central American RetailerAsset Protection Manager
  • Phoebe CollierBlack AI’s Privacy Officer

On 3 portfolio pages

Investors who name them

Each firm lists black.ai on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

industrial automationcustomer behavioural dataenterprisessecurity camerasretail securityinformation technology & servicesretail theftcomputer visionretail customer serviceai securityenterprise softwareinformation technologyreal-time store insightsretail theft investigationsbehavioral dataloss prevention

Built with from their website

SAP Human Capital ManagementResiGitPrismaGoogle Tag ManagerLooker StudioHotjarRESTAWS Trusted AdvisorReact Native

+8 more

TailwindTypeScriptGoogle CloudRetail and Fashion Management extension by UtopiaPositMATLABLinkedin Insight TagAkamai

Sector
Retail
Industry code
NAICS 54151, 513210, SIC 7375
Region
Victoria
Revenue
2M a year, as listed

Retail in Australia

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