Grabango
Berkeley
About Grabango
Grabango is a checkout-free technology for existing, large-scale grocery, and convenience stores. Grabango is working with billion-dollar global retailers to retrofit existing stores to make waiting in lines a thing of the past. They just raised $39M in Series B funding, and we are excited to accelerate the growth of their team and their store deployments to deliver on their mission to eliminate lines and save people time. With Grabango, shoppers choose their items as usual, and then skip the line by scanning a code in their Grabango app on the way out. Our solution uses computer vision technology to identify items as they are picked up. It counts those items and sends the receipt to the shopper’s phone after they leave the store. Grabango delivers a seamless shopping experience that is becoming the global standard. Driven by passion to improve peoples’ daily lives, our technology brings computer vision and machine learning to existing brick-and-mortar stores by processing the interactions between people and products. We are the first and only company to successfully retrofit checkout-free technology into an existing store and work with high accuracy in a dynamic, real world environment. No facial recognition technology is used and all data is anonymized to protect customer privacy. Founded in 2016, Grabango is based in Berkeley, California.
Company Facts
- Operating status: Closed
- Company type: For Profit
- IPO status: Private
- Employees: 51 – 100
- Estimated revenue: $10K – $50K
- Total funding: $93.8M
- Funding stage: Early Stage Venture
- Last round: Convertible Note (Nov 2022)
- Website: grabango.com
- Phone: 510-462-2571
Industries & Categories
Artificial Intelligence (AI), Computer Vision, Machine Learning, Retail Technology, Software
Social Profiles
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