Cashierless Tech Companies:
Grabango is a relative newcomer to the cashierless space and came out of stealth earlier this year. It uses many tiny smartphone camera-sized cameras mounted on the ceiling to saturate its computer vision field and keep track of purchases. Grabango’s hook is that it integrates with the store checkout system, so when shoppers are done, they can still pay with a credit card or cash without a cashier scanning each item. Grabango has raised $17.3M and says it is in pilots with three major grocers and one convenience store chain.
Standard Cognition has its own working store in San Francisco to showcase its cashierless chops. Standard Cognition’s website makes a big deal about it not using facial recognition and being built around privacy. The company has raised $51M in funding and says it has agreements with four retailers across Asia, North America, and Europe. It has also acquired cashierless tech startup DeepMagic and Checkout Technologies.
Zippin is a cashierless checkout technology provider. Zippin uses a combination of computer vision, AI, and sensor fusion technology to offer consumers a completely checkout-free shopping experience. Launched in 2015, the company is powering four autonomous public stores and several private pilot stores globally. Zippin most recently made headlines for its newly operational autonomous concession stand in Golden 1 Center, home of the Sacramento Kings.