Artificial intelligence initiative that transforms supermarkets into cashierless markets: Trigo

Founded in 2008 by Daniel Gabay and Michael Gabay Wheat, An artificial intelligence company focusing on computer vision. Working with companies in global retail and logistics Wheat, helping these companies overcome their daily challenges.

Attempt, insights covering data from retailers and consumers, Computer Vision AI for Retail Loss Prevention, autonomous shopping and payment solutions offers. Companies served by the initiative include Aldi, Tesco, Rewe and Netto. Trigo produces solutions to various problems for these companies in the areas of Loss Prevention, Store Management, Customer and Employee Experience and Autonomous Stores.

For example, the company integrates with your existing CCTV infrastructure for Loss Prevention. Thus, providing real-time incident isolation with instant alert generation, Trigo significantly increases investigation efficiency. Trigo’s Computer Vision AI analyzes customer behavior, shopper journey, inventory and brands’ analytics in both real-time and offline reporting. Thus, we can say that the initiative goes beyond loss prevention. The system provides actionable data insights by monitoring product interactions. In this way, you can optimize the store layout, number of personnel and inventory management.

Trigo offers comparative data on shopping volume, in-store footfall and space density for strategic planning. The initiative also gives you access to insights into shoppers’ behavior, including conversion rates, cart abandonment, waiting time, cart size and shopping duration. Product popularity analytics are also available, highlighting frequently purchased and exchanged products.

Let’s also add that Trigo offers a Frictionless Shopping and Payment solution. Powered by the startup’s Computer Vision Artificial Intelligence, this solution eliminates the need for traditional payment processes, allowing customers to simply grab their items and walk out. Offering autonomous store capabilities, the Frictionless Shopping and Payment solution provides accurate, real-time tracking of customers’ movements and product interactions.

The payment solution offers flexible payment options including mobile wallets, cards, cash or the retailer’s app. Care has been taken to ensure that the frictionless Shopping and Payment solution is highly customizable and scalable. Thus, the solution can adapt to retail spaces of all sizes and formats. Providing a secure shopping experience without collecting personally identifiable information, the payment solution also makes it possible to carry out high volume transactions efficiently during busy periods.

Trigo, which transforms supermarkets into cashierless markets received an investment of 100 million dollars We have conveyed it to you. Trigo’s investors, whose total investment amount has reached 199 million dollars so far, include institutions such as Vertex Ventures, Red Dot Capital Partners, Temasek Holdings, Tesco and SAP.