Focal Systems

📍 Burlingame, United States🗓 Founded 2015👥 98 employees💰 Last funded Mar 2021
Focal Systems’ platform helps retailers cut shelf scanning cost in half by switching from manual to automated shelf scans. The solution is based on low cost, discrete shelf cameras, a sophisticated computer vision model and a cloud-based machine learning platform that is tuned for complex retail environments. By providing automated, real-time insight into on-shelf product availability, retailers can repurpose store personnel to focus on customer experience and other higher value tasks. In addition, the real time data captured by the shelf cameras feeds into Focal Systems’ AI engine which can help automate and optimize product availability and merchandising decisions. These optimizations have proven to save up to 50% on manual shelf scanning cost and significantly improve in-store customer experience via higher product availability which generates a 3-5% increase in sales compared to baseline stores. Focal Systems’ platform is deployable at scale and will provide impactful results from day one. It also integrates with existing retail systems and applications to enable additional cost savings and insights from its real-time product availability and analysis. Focal Systems’ shelf cams are deployed at scale with proven results at several major global retailers and every day process more than 10M shelf scan images.
5
Total investors
4
Early stage
0
Mid stage
1
Late stage
2015
Founded
Investor geography1 country
United States
5
Investor activity2015–2021 · investors recorded per year
20151201622017120211
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Focal Systems?
Focal Systems has 5 investors on record on gritt.io, including 4 early-stage backers and 1 late-stage investors.
When did Focal Systems last raise funding?
The most recent investment in Focal Systems recorded on gritt.io was in March 2021.
When was Focal Systems founded?
Focal Systems was founded in 2015.
What industry is Focal Systems in?
Focal Systems operates in Retail. Find similar Retail investors on gritt.io.
Where is Focal Systems based?
Focal Systems is headquartered in Burlingame, United States.