What is Imagr?
Founded in 2017 in Auckland, New Zealand, Imagr is at the forefront of retail technology, specializing in the development of checkout-less shopping solutions. The company's flagship product, the SmartCart, utilizes a sophisticated system of four cameras and a powerful AI vision recognition engine. This technology enables the SmartCart to accurately identify and account for items placed into or removed from the cart, mimicking the functionality of traditional shopping carts while offering a seamless, automated checkout process. The SmartCart's design is visually indistinguishable from standard trolleys, integrating advanced computer vision capabilities discreetly.
How much funding has Imagr raised?
Imagr has raised a total of $9.5M across 1 funding round:
Other Financing Round
$9.5M
Other Financing Round (2020): $9.5M with participation from Toshiba TEC Corporation
Key Investors in Imagr
Toshiba TEC Corporation
Toshiba TEC Corporation is a technology company likely focused on providing advanced hardware and software solutions for the retail and business sectors, potentially including point-of-sale systems and imaging technologies.
What's next for Imagr?
With this major enterprise-level funding, Imagr is poised for significant expansion and scaling of its operations. The strategic investment signals strong confidence in the company's vision to transform brick-and-mortar retail through its proprietary AI-driven technology. Future developments are likely to focus on enhancing the SmartCart's capabilities, expanding its deployment across more retail environments, and further solidifying its market position as a leader in automated retail solutions.
See full Imagr company page
