What is Everseen?
Founded in 2007 and headquartered in Cork, Ireland, Everseen is a prominent SaaS provider specializing in AI-powered loss prevention and retail operations solutions. The company's advanced platform utilizes computer vision, machine learning, and neural networks to provide real-time monitoring of store environments. Everseen's core offerings, including Evercheck for checkout fraud detection, Evershelf for real-time shelf monitoring, and Evereagle for queue management, are deployed across over 10,000 stores globally. With more than 80 patents and the trust of 11 of the top 20 global retailers, Everseen processes over six petabytes of video data daily, demonstrating its significant operational scale and technological prowess in the retail AI sector.
How much funding has Everseen raised?
Everseen has raised a total of $71M across 1 funding round:
Series A
$71M
Series A (2023): $71M with participation from Crosspoint Capital Partners
Key Investors in Everseen
Crosspoint Capital Partners
Crosspoint Capital Partners is a private equity investment firm that focuses on the cybersecurity, privacy, and infrastructure software markets. They partner with foundational technology companies to drive differentiated returns.
What's next for Everseen?
The recent major strategic investment in Everseen signals a pivotal moment for the company, likely enabling further expansion of its AI vision capabilities and market reach. This capital infusion is expected to fuel advancements in its product suite, potentially leading to enhanced solutions for shrink reduction, fraud detection, and operational efficiency for its extensive global retail client base. Everseen's continued innovation and patent portfolio suggest a strategic focus on solidifying its leadership in the competitive vision AI and retail technology landscape.
See full Everseen company page
