AiFi

About

AiFi enables reliable, cost-effective, and contactless autonomous shopping with AI-powered computer vision technology.

Santa Clara,California,United States
101 - 250
https://www.aifi.com

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $65M
Industries: Artificial Intelligence,Computer Vision,Retail Technology,Shopping,Software
Founded date: Jan 1, 2016
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: AiFi Inc.

AiFi provides the most flexible AI platform that enables retailers to affordably deploy and scale autonomous shopping solutions across their businesses. Leveraging computer vision, AiFi adapts to existing store formats without the need for shelf sensors, and provides advanced tracking algorithms that can scale up to 10,000 square feet to support various shopper journeys such as an app, credit card, gated, or hybrid entry. AiFi works with top retailers worldwide such as ALDI South Group, Carrefour, Compass Group, Morrisons, Żabka Group, REWE, and Verizon. AiFi has the highest number of computer vision powered autonomous stores across the globe. The company has raised a total of $80 million from investors including Verizon Ventures, Qualcomm Ventures, HP Tech Ventures, Mithril Capital, Cervin Ventures, TransLink Capital, Plum Alley, Duke Angel Network, Reaction, GS Future, Drive Catalyst, and Evolution. For more information, please visit aifi.com.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$80.40M

AiFi has raised a total of $80.40M in funding over 2 rounds. Their latest funding was raised on Mar 11, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Mar 11, 2022	Series B	$65M	20	—	—	Detail
Oct 19, 2020	Series A	—	5	Qualcomm Ventures	—	Detail
Jan 25, 2019	Series A	$11M	3	Cervin Translink Capital	—	Detail
Dec 1, 2016	Seed	$4.40M	4	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

1

0

AiFi has made 1 investments. Their most recent investment was on Oct 13, 2022, when Pillow raised $18M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Oct 13, 2022 Pillow	Series A	$18M	Bitcoin	—

Investors

Number of Lead Investors

Number of Investors

3

24

AiFi is funded by 24 investors. ALDI and Cervin are the most recent investors.

Investor Name	Lead Investor	Funding Round
ALDI	—	Series B
Cervin	—	Series B
Communitas Asset Management	—	Series B
CVC Capital Partners	—	Series B
DRIVE Catalyst	—	Series B
Duke Angel Network	—	Series B
Evolution-VC	—	Series B
GS Futures	—	Series B
HP Tech Ventures	—	Series B
Mithril Capital Management	—	Series B