Everseen raises over $70M for AI tech to spot potential retail theft

In 2007, Alan O’Herlihy, who previously worked with large SAP installations as well as retail, set out to find a way to help retailers minimize “shrinkage,” or where a store has fewer items in stock than in its recorded inventory. He settled on computer vision as the solution to the problem, and founded a company, Everseen, to commercialize the technology.
Everseen — which uses computer vision to, among other things, attempt to prevent theft at self-checkout counters — today announced that it raised €65 million (~$71.32 million) in a Series A round led by Crosspoint Cap

リンク元