Everseen, an Ireland-based developer of AI-powered inventory management, has raised EUR 65 million (USD 71.32 million) in a Series A round led by Crosspoint Capital Partners. The funding round brings the company’s total funding to nearly USD 90 million.
The funds will be invested in scaling Everseen’s business with a “targeted” roadmap.
Analyst QuickTake : The new funding round will support EverSeens’ growth-focused initiatives. The company recently launched an expanded suite of products to supplement its existing solutions and expanded its technology partner program to integrate computer-vision AI into existing solutions used by retailers. Additionally, the company also recently announced that it has doubled its store installations across US, Europe, and Australia.
By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.