Robotic Retail offers an IoT-based, marker-less object recognition solution called EVERMART, designed specifically for the unattended retail industry. This technology enables controlled access to micro markets, enhancing inventory accountability and streamlining the shopping experience without the need for human oversight.
Funding
$2.5M 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
Unattended retail environments, such as micro markets, face challenges in inventory control and security due to the lack of on-site staff. Traditional methods of monitoring and access control can be costly and inefficient, leading to potential losses from theft or misidentification of products.
Solution
Robotic Retail provides EVERMART, an IoT-based object recognition system designed to enhance security and streamline operations in unattended retail. EVERMART uses marker-less object recognition to control access to micro markets, ensuring that only correctly identified items are registered for purchase. This technology allows for a seamless, self-service shopping experience while providing real-time inventory accountability and reducing the need for constant human oversight. The system retrofits to existing cooler doors and detects products as they are removed, preventing theft and improving inventory management.
Target Audience
The primary target audience includes operators of micro markets, convenience stores, and other unattended retail locations seeking to improve inventory control, reduce losses, and enhance the customer experience.
Features
- Marker-less object recognition using computer vision and machine learning algorithms
- Controlled access system that integrates with existing cooler doors
- Real-time inventory tracking and reporting
- Remote monitoring and management capabilities
- Secure, self-service checkout process for consumers
- Integration with existing retail management systems