Edgify
London
About Edgify
This is the future of AI - no extra chip, compute, or capex requirements with inference & training on the true edge. Scalable, Privacy-First, Continual AI Edgify's MLOps platform empowers retailers to deploy Computer Vision across a store's entry & exit points. Our proprietary Distributed Learning framework removes the need for expensive servers, risky cloud infrastructure, and complex model training with human data labelling. We borrow compute from existing in-store edge devices, such as Self-CheckOuts and Scales, and partner with the most prominent hardware OEMs on earth. We drive 10s of millions in profits through 1) Minimised shrink & losses, a $240bn problem, 2) Improved customer & staff experiences with 5X faster transactions, and 3) Operational & efficiency gains across POS, inventory, supply chain, and waste management. Backed By: Mangrove Partners, RANK Ventures, Sony Semiconductors, Harvard Business School Angels, Octopus Ventures Sample Clients: Sainsbury's, Dollar General, Wholefoods, Waitrose, HEB, Bonus, Shufersal, Giant Eagle -Best-in-class with near 100% accuracy -Zero capex requirements -Captures 70% of Shrink - driving net sales by over 4%
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Estimated revenue: $1K – $10K
- Total funding: $6.5M
- Funding stage: Seed
- Last round: Seed (Oct 2020)
- Website: edgify.ai
- Phone: +44 800 054 8308
Industries & Categories
Artificial Intelligence (AI), Computer Vision, CRM, Fraud Detection, Internet of Things
Social Profiles
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