Everseen provides visual AI solutions that enhance retail operations by utilizing computer vision and machine learning to detect and prevent theft. Their technology analyzes in-store video feeds to identify suspicious behavior, reducing shrinkage and improving overall inventory management.
Funding
$70.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Retailers face significant losses due to theft, errors at checkout, and inefficiencies in inventory management, impacting profitability and customer experience. Existing loss prevention methods often fail to capture the full scope of these issues, leading to inaccurate inventory data and missed opportunities for process optimization.
Solution
Everseen provides a Vision AI platform that analyzes in-store video and data streams to identify and address sources of retail loss and operational inefficiencies. The platform uses AI-powered "Vision Agents" to observe, learn, and adapt to process patterns, enabling real-time insights and value assurance. By integrating data collection, contextualization, and AI reasoning, Everseen helps retailers minimize shrink, optimize workflows, and improve customer experiences. The platform supports a range of applications, including checkout loss prevention, shelf monitoring, and inventory management, all built on a unified technology stack.
Target Audience
Everseen primarily serves large retail chains, particularly grocery retailers, seeking to reduce losses, improve operational efficiency, and enhance customer experience through AI-powered solutions.
Features
- Vision AI Factory: A comprehensive suite of tools, processes, and pipelines for building and sustaining hyper-scaled AI applications.
- Evercheck: A checkout loss prevention solution that identifies and combats process patterns causing shrink.
- EData crawler: Consolidates structured and unstructured data from multiple sources.
- EVision lake: Provides a holistic view of disparate data.
- EPipeline builder: Builds large-scale data, video, and sensor pipelines.
- EInsight discovery: Identifies previously unseen and unmeasurable problems.
- EProcess modeller: Digitizes processes using Business Process Model Notation (BPMN).
- ETextualizer: Translates video to text for AI reasoning.
- EAi engine: Engineers and operationalizes models for AI inference at the cloud and edge.
- EContinuous learn: Responsively keeps AI systems up-to-date.
- EGovernance: Ensures ethical and transparent use of AI technology.
- EValue actualizer: Guarantees consistent returns and outcome delivery.
- ERapid deploy: Rapidly deploys apps for real-time intelligence and action.
- EFleet monitor: Monitors super-scaled edge fleets.
- ESolution maintain: Maintains, tests, and optimizes AI solutions at scale.
- EUpdate manager: Applies iterative enhancements for operational efficiency.
- Federated AI learnings: Leverages global data to identify and combat process patterns.
- Integration with third-party solutions and services through robust APIs.