The retail AI solutions industry focuses on integrating artificial intelligence into the retail market to improve operations, enhance customer experiences, and drive sales growth. Companies leverage data analytics, machine learning, and computer vision to provide innovative solutions ranging from supply chain optimization to personalized shopping experiences. As technology continues to evolve, this sector sees increasing investment and adoption, pushing towards automation and efficiency while transforming how consumers interact with brands. Insights gained through AI applications not only streamline back-end operations but also create impressive front-end experiences tailored to meet customer needs in real-time.

This list of retail AI solutions companies highlights a mix of firms varying in size, from startups to larger established entities. Notable entries include companies like Standard AI and Trax Retail, with operational bases in key locales including San Francisco and Boston. Founded between 2004 and 2018, these companies specialize in different aspects of retail technology, from AI-powered analytics to autonomous shopping systems. This diversity in specialization and company size signifies a dynamic market, aimed at optimizing various retail processes and enhancing customer engagement across the spectrum.

Read on to discover the top retail AI solutions companies.

Top 28 Retail AI Solutions Companies

1. Standard AI

• Website: standard.ai
• Ownership type: Venture Capital
• Headquarters: San Francisco, California, United States (USA)
• Employee distribution: United States (USA) 80%, Italy 13%, Japan 7%
• Latest funding: April 2024
• Founded year: 2017
• Headcount: 51-200
• LinkedIn: standardcognition.com

Standard AI, based in San Francisco, California, is an AI technology company that specializes in retail solutions. Founded in 2017, the company has developed a platform that provides advanced analytics and insights aimed at enhancing shopper experiences and optimizing retail operations. Their offerings include tools for improving inventory management, boosting sales performance, and preventing loss through innovative AI-driven technologies. Standard AI's VISION platform allows retailers to gain unprecedented insights into shopper behavior and store dynamics, enabling them to make informed decisions that can significantly impact their bottom line. The company operates with a remote workforce and promotes a culture that values inclusion and collaboration. Supported by notable venture capital firms, Standard AI is positioned to make a significant impact in the retail technology sector.

2. Trax Retail

• Website: traxretail.com
• Ownership type: Private Equity
• Headquarters: Boston, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 24%, Hungary 21%, Israel 14%, Other 42%
• Latest funding: Other (Debt), $50.0M, November 2023
• Founded year: 2010
• Headcount: 501-1000
• LinkedIn: trax-retail

Trax Retail, founded in 2010 and based in Boston, Massachusetts, is a technology company that specializes in retail solutions powered by AI and image recognition. The company provides a suite of services designed to assist major brands in the retail and FMCG sectors. Their offerings include tools for optimizing product placement, enhancing consumer engagement, and delivering real-time insights and analytics. Trax's innovative approach leverages advanced data collection methods and AI algorithms to help clients improve their retail execution and drive sales. With a workforce of approximately 837 employees distributed across various countries, including the USA, Hungary, and Israel, Trax has a significant global footprint. The company recently secured $50 million in funding in November 2023, underscoring its active role in the industry and its potential for future growth.

3. Everseen

• Website: everseen.com
• Ownership type: Private Equity
• Headquarters: Ireland
• Employee distribution: India 41%, Romania 28%, Serbia 14%, Other 17%
• Latest funding: Series A, $70.9M, May 2023
• Founded year: 2007
• Headcount: 1001-5000
• LinkedIn: everseen-limited

Everseen is an Irish technology company founded in 2007, specializing in Visual AI solutions aimed at automating business processes. With a workforce of approximately 579 employees, the company operates globally, with significant presence in India, Romania, and Serbia. Everseen's platform is designed to enhance operational efficiency for retailers by improving inventory accuracy and reducing shrinkage, which are vital for maintaining profitability in the retail sector. The company has recently expanded its global footprint with research and development hubs in Barcelona and an invention lab in Miami. In May 2023, Everseen secured $70.9 million in Series A funding, reflecting strong investor interest in its innovative approach to retail challenges. Their technology integrates disparate data sources, providing a unified view that helps businesses track products throughout the supply chain, ultimately driving significant ROI for retailers.

4. Trigo

• Website: trigoretail.com
• Ownership type: Private Equity
• Headquarters: Tel Aviv-Yafo, Tel Aviv, Israel
• Employee distribution: Israel 72%, Germany 15%, United Kingdom (UK) 6%, Other 6%
• Latest funding: Series C, $100.0M, October 2022
• Founded year: 2018
• Headcount: 51-200
• LinkedIn: trigo-vision

Trigo is a technology company based in Tel Aviv-Yafo, Israel, founded in 2018. The firm specializes in computer vision AI solutions specifically designed for the retail sector. Their innovative products aim to enhance loss prevention and streamline the shopping experience for grocery retailers. Trigo's clientele includes major retailers who are actively seeking to reduce shrinkage and improve operational efficiency through advanced technology. The company has gained recognition for its ability to integrate with existing CCTV systems, providing real-time monitoring and alerts to combat theft and improve store management. In October 2022, Trigo raised $100 million in a Series C funding round, underscoring its growth trajectory and the increasing demand for its solutions in the retail industry. Their technology not only addresses theft but also enhances customer experience through autonomous shopping and checkout solutions, making them a significant player in the retail technology landscape.

5. AiFi Inc.

• Website: aifi.com
• Ownership type: Private
• Headquarters: Burlingame, California, United States (USA)
• Employee distribution: United States (USA) 71%, China 5%, United Kingdom (UK) 5%, Other 19%
• Founded year: 2016
• Headcount: 51-200
• LinkedIn: aifi-inc.

AiFi Inc., founded in 2016 and based in Burlingame, California, is a retail technology provider that specializes in autonomous shopping solutions. The company offers a range of products designed to improve the shopping experience through the use of AI and computer vision. Their flagship solutions include AiFi Refresh, which retrofits existing stores with minimal disruption; AiFi Build, which facilitates the installation of AI-powered checkout systems in new retail locations; and AiFi To-Go, a portable store solution that operates autonomously. AiFi's technology is utilized in various sectors, including retail, stadiums, universities, and travel retail, showcasing its versatility. The company has established partnerships with industry leaders, enhancing its credibility and reach in the market. With a workforce of around 141 employees, AiFi is actively contributing to the evolution of retail technology, focusing on automation and customer satisfaction.

6. SymphonyAI

• Website: symphonyai.com
• Ownership type: Venture Capital
• Headquarters: Palo Alto, California, United States (USA)
• Employee distribution: India 43%, United States (USA) 19%, United Kingdom (UK) 8%, Other 30%
• Latest funding: Seed, January 2019
• Founded year: 2017
• Headcount: 1001-5000
• LinkedIn: symphonyai

SymphonyAI, founded in 2017 and headquartered in Palo Alto, California, is an AI SaaS company that focuses on generative and predictive AI solutions across multiple industries, including retail, financial services, and industrial sectors. With a workforce of over 2,000 employees, SymphonyAI develops packaged software products aimed at solving specific business challenges and enhancing operational efficiency. Their retail solutions are particularly noteworthy, as they help businesses optimize supply chain performance, improve category and space planning, and create personalized customer experiences. SymphonyAI has been recognized for its innovative approach, being selected as Microsoft’s Partner of the Year in Business Transformation: AI Innovation. The company serves a substantial customer base, with over 124,000 retail stores globally benefiting from its AI-driven insights and recommendations.

7. Symphony AyasdiAI

• Website: ayasdi.com
• Ownership type: Private
• Headquarters: Palo Alto, California, United States (USA)
• Employee distribution: United States (USA) 33%, India 33%, United Kingdom (UK) 33%
• Founded year: 2008
• Headcount: 51-200
• LinkedIn: ayasdi

Symphony AyasdiAI, founded in 2008 and based in Palo Alto, California, is a technology solutions provider that specializes in AI SaaS products. The company operates across multiple industries, including retail, financial services, and industrial sectors. In the retail space, Symphony AyasdiAI offers solutions designed to optimize supply chain performance, improve category and space planning, and enhance customer experiences. Their products include tools for demand forecasting, assortment optimization, and supply chain intelligence, which are critical for retailers aiming to improve operational efficiency and customer satisfaction. With a workforce of around 52 employees and a global reach, Symphony AyasdiAI has established itself as a significant player in the AI solutions market, serving over 2,000 customers worldwide.

8. Manthan

• Website: manthan.com
• Ownership type: Venture Capital
• Headquarters: Bengaluru, Karnataka, India
• Latest funding: January 2019
• Founded year: 2004
• Headcount: 501-1000
• LinkedIn: manthan-systems

Manthan, founded in 2004 and based in Bengaluru, Karnataka, India, is a technology solutions provider that focuses on AI-powered analytics for customer-centric businesses. With a workforce of around 626 employees, the company has carved out a niche in the retail, food and grocery, and restaurant sectors. Manthan's suite of products includes customer data platforms, marketing solutions, and advanced analytics tools designed to improve customer engagement and decision-making processes. Their innovative approach integrates decision sciences and artificial intelligence, making complex analytics accessible and actionable for businesses. Manthan has also formed strategic partnerships, notably with AWS, to enhance their service offerings and ensure scalability for their clients. Their solutions have been recognized in various industry reports, highlighting their impact on customer analytics and algorithmic retailing.

9. Symphony RetailAI

• Website: symphonyretailai.com
• Ownership type: Corporate
• Headquarters: Frisco, Texas, United States (USA)
• Employee distribution: France 50%, United States (USA) 50%
• Latest funding: January 2018
• Founded year: 1986
• Headcount: 501-1000
• LinkedIn: symphonyretailai

Symphony RetailAI, based in Frisco, Texas, is a technology solutions provider that specializes in AI software for various industries, with a strong focus on retail. Founded in 1986, the company has developed a range of products designed to optimize operations and enhance customer experiences. Their solutions leverage advanced AI technologies to help businesses make informed decisions and improve efficiency. In the retail sector, Symphony RetailAI offers tools for supply chain optimization, category management, and personalized customer engagement. The company serves a substantial client base, with over 124,000 retail stores globally benefiting from its innovative solutions. Symphony RetailAI's commitment to AI-driven transformation in retail is evident in its product offerings and strategic partnerships, including recognition from Microsoft for its contributions to business transformation through AI.

10. Focal Systems

• Website: focal.systems
• Ownership type: Venture Capital
• Headquarters: Burlingame, California, United States (USA)
• Employee distribution: United States (USA) 40%, Canada 29%, United Kingdom (UK) 24%, Other 8%
• Latest funding: Series B, $25.9M, November 2021
• Founded year: 2015
• Headcount: 51-200
• LinkedIn: focal-systems-inc.

Focal Systems, founded in 2015 and based in Burlingame, California, is a retail technology provider that focuses on automation solutions for physical stores. The company has developed FocalOS, an AI-driven platform designed to optimize inventory management and streamline operations for retailers. Their technology includes advanced shelf cameras that digitize store inventory in real-time, allowing retailers to make data-driven decisions that enhance efficiency and reduce waste. Focal Systems has deployed over 200,000 cameras across more than 1,000 stores, demonstrating their significant impact on the retail sector. The company primarily serves businesses looking to improve store performance and customer experience through innovative technology. In November 2021, Focal Systems raised $25.88 million in a Series B funding round, further solidifying its position in the market and enabling continued development of its solutions.

11. Litmus7

• Website: litmus7.com
• Ownership type: Private
• Headquarters: San Francisco, California, United States (USA)
• Employee distribution: India 93%, United States (USA) 6%
• Founded year: 2009
• Headcount: 501-1000
• LinkedIn: litmus7inc

Litmus7 Systems Consulting Ltd., founded in 2009 and based in San Francisco, California, is a consulting firm that specializes in providing technology solutions tailored for the retail industry. With a workforce of approximately 734 employees, predominantly located in India, Litmus7 focuses on helping retailers enhance their digital presence and operational efficiency. Their service offerings include digital commerce solutions, data analytics, and high-end engineering, which are designed to meet the evolving needs of large retailers. The company has developed various innovative solutions, such as VirtualEye for virtual consultations and advanced clienteling tools, which integrate AI and data analytics to improve customer engagement and streamline operations. Litmus7's expertise in platforms like Magento and Salesforce Commerce Cloud further underscores their commitment to driving digital transformation in retail.

12. Fynd (Shopsense Retail Technologies Ltd.)

• Website: fynd.com
• Ownership type: Corporate
• Headquarters: Mumbai, Maharashtra, India
• Employee distribution: India 100%
• Latest funding: $42.3M, August 2019
• Founded year: 2012
• Headcount: 501-1000
• LinkedIn: fynd-shopsense

Fynd (Shopsense Retail Technologies Ltd.), founded in 2012 and based in Mumbai, India, is a technology company that specializes in retail solutions. With a workforce of around 1,150 employees, Fynd has developed a comprehensive suite of platforms aimed at enhancing e-commerce, supply chain management, and digital asset management. The company empowers over 2,300 brands by providing innovative tools that improve both online and offline retail experiences. Their offerings include AI-driven solutions such as PixelBin for digital asset management and CoPilot, an AI-powered productivity tool. Fynd also integrates augmented reality through GlamAR, allowing for virtual try-ons, which enhances customer engagement. The company has processed significant volumes in terms of gross merchandise value and orders, indicating its active role in the retail technology space. Fynd's commitment to innovation and technology positions it as a relevant player in the retail industry.

13. Mad Street Den

• Website: madstreetden.com
• Ownership type: Corporate
• Headquarters: Redwood City, California, United States (USA)
• Employee distribution: India 92%, United States (USA) 7%
• Latest funding: $15.0M, March 2025
• Founded year: 2016
• Headcount: 201-500
• LinkedIn: mad-street-den

Mad Street Den is a technology firm based in Redwood City, California, founded in 2016. The company focuses on artificial intelligence and computer vision, primarily serving the retail sector through its flagship brand, Vue.ai. This platform offers image and video recognition capabilities that help retail businesses automate processes and improve efficiency. With a mission to make people AI natives, Mad Street Den aims to contextualize AI on a large scale, impacting various industries beyond retail, including healthcare and finance. The company has attracted significant investment, totaling around $30 million, from notable investors such as Sequoia Capital and Falcon Edge Capital. With a workforce of approximately 237 employees, primarily located in India and the United States, Mad Street Den is positioned for rapid growth and expansion in the global market.

14. Mobile Insight

• Website: mobileinsight.com
• Ownership type: Private
• Headquarters: Coral Gables, Florida, United States (USA)
• Employee distribution: United States (USA) 65%, Canada 23%, Romania 12%
• Founded year: 2000
• Headcount: 11-50
• LinkedIn: mobileinsightsoftware

Mobile Insight, founded in 2000 and based in Coral Gables, Florida, is a technology company that specializes in retail solutions. The company is known for its flagship product, VIBA, an AI-powered Virtual Interactive Brand Ambassador that enhances customer engagement and drives sales in retail settings. VIBA combines human-like AI with live brand ambassadors, creating a unique shopping experience that caters to the needs of consumers. Mobile Insight serves a variety of clients, including retail brands and eCommerce retailers, aiming to improve customer experiences and conversion rates through innovative technology. The company has a strong presence in the retail sector, having developed solutions that are tested and proven in competitive environments. Their commitment to innovation is supported by a portfolio of patents that power their offerings, ensuring they remain relevant in the evolving retail landscape.

15. Deep Vision, Inc.

• Website: deepvision.io
• Ownership type: Private
• Headquarters: Los Altos, California, United States (USA)
• Founded year: 2015
• Headcount: 11-50
• LinkedIn: deepvisionio

Deep Vision, Inc., now known as Kinara, Inc., is a technology firm based in Los Altos, California, founded in 2015. The company focuses on AI and edge computing solutions, offering advanced processors and software that enhance operational efficiency in sectors like retail, manufacturing, and smart cities. Their flagship products, the Ara-1 and Ara-2 processors, are designed to power AI applications that require low latency and high performance. In the retail industry, Kinara's technology enables real-time insights into customer behavior, automated checkout systems, and inventory management, which are essential for improving the shopping experience and operational efficiency. The company is staffed by a team of experienced professionals from Silicon Valley and India, aiming to transform customer experiences and operational processes through innovative AI solutions.

16. Malong Technologies

• Website: malongtech.com
• Ownership type: Venture Capital
• Headquarters: Seattle, Washington, United States (USA)
• Latest funding: August 2018
• Founded year: 2014
• Headcount: 51-200
• LinkedIn: malong-technologies-co--ltd-

Malong Technologies, founded in 2014 and based in Seattle, Washington, is an artificial intelligence company that specializes in computer vision solutions specifically designed for the retail industry. The company has developed innovative products such as RetailAI® Protect, which focuses on loss prevention at self-checkout systems, and RetailAI® Fresh, aimed at improving the customer experience when weighing fresh products. Malong's technology is built on advanced research and has been recognized for its accuracy and scalability. The company has established strategic partnerships with industry giants like Microsoft and Accenture, enhancing its credibility and reach within the retail sector. Malong Technologies has also participated in various accelerator programs and has a joint research lab with Tsinghua University, indicating its commitment to advancing AI technology in retail.

17. Awm

• Website: awm.tech
• Ownership type: Venture Capital
• Headquarters: Aliso Viejo, California, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: $15.8M, February 2020
• Founded year: 2016
• Headcount: 51-200
• LinkedIn: awm-smart-shelf

Awm, founded in 2016 and based in Aliso Viejo, California, is a technology firm that focuses on artificial intelligence solutions for the retail industry. The company has developed a range of innovative products designed to enhance customer experiences and streamline operations for retailers. Their flagship offerings include cashierless checkout systems, which allow customers to shop and pay without traditional checkout lines, and smart shelf technology that provides real-time inventory management and dynamic advertising capabilities. With a workforce of approximately 121 employees, Awm has garnered significant funding, totaling over $15 million, to support its growth and product development. The company aims to help retailers adapt to changing consumer behaviors and improve their operational efficiencies through advanced technology.

18. RetailNext

• Website: retailnext.net
• Ownership type: Venture Capital
• Headquarters: Campbell, California, United States (USA)
• Employee distribution: South Africa 42%, United States (USA) 28%, United Kingdom (UK) 8%, Other 22%
• Latest funding: January 2025
• Founded year: 2007
• Headcount: 201-500
• LinkedIn: retailnext

RetailNext, founded in 2007 and based in Campbell, California, is a technology solutions company that specializes in retail analytics. With a workforce of over 300 employees, RetailNext provides a comprehensive suite of products aimed at optimizing in-store operations and enhancing customer experiences. Their offerings include advanced analytics tools that help businesses understand shopper behavior, enabling data-driven decisions that improve marketing strategies and operational efficiency. RetailNext serves a wide range of industries, including retail, restaurants, and shopping centers, and has established a global presence with clients in over 90 countries. The company is recognized for its innovative approach to in-store analytics, utilizing products like Traffic 2.0 and Shopper Journey to provide actionable insights into customer interactions and store performance. RetailNext's commitment to data security is underscored by their SOC 2 Type II compliance, ensuring that client data is handled with integrity and privacy.

19. Nosto

• Website: nosto.com
• Ownership type: Private Equity
• Headquarters: Helsinki, Uusimaa, Finland
• Employee distribution: Finland 30%, Germany 16%, United States (USA) 16%, Other 39%
• Latest funding: $7.6M, May 2024
• Founded year: 2013
• Headcount: 201-500
• LinkedIn: nosto

Nosto, founded in 2013 and headquartered in Helsinki, Finland, is a technology platform that specializes in commerce experience solutions. The company provides tools designed to create personalized shopping experiences, enhance product recommendations, and improve customer engagement, primarily targeting e-commerce businesses. Nosto's platform leverages artificial intelligence, including predictive, semantic, visual, and generative AI, to optimize online revenue and customer interactions. With a workforce of around 188 employees, Nosto operates in multiple countries, including Germany, the United States, and Australia, reflecting its international reach. The company has recently secured funding of approximately $7.6 million, which underscores its growth potential and ongoing relevance in the retail technology sector. Nosto's commitment to innovation is evident in its comprehensive offerings, which include dynamic targeting, business intelligence, and content personalization, making it a significant player in the retail AI solutions market.

20. CB4, a Gap Inc. Company

• Website: cb4.com
• Ownership type: Corporate
• Headquarters: Herzliya, Tel Aviv, Israel
• Employee distribution: Israel 86%, United States (USA) 14%
• Latest funding: October 2021
• Founded year: 2012
• Headcount: 51-200
• LinkedIn: c-b4-ltd

CB4, a Gap Inc. Company, is a retail technology firm based in Herzliya, Tel Aviv, Israel, founded in 2012. The company specializes in AI-powered solutions designed to enhance the operational efficiency of brick-and-mortar retailers. CB4's flagship product, Spotlight, leverages advanced machine learning algorithms to analyze point-of-sale data, enabling retailers to identify and rectify in-store execution issues that can lead to lost sales. Their clientele primarily includes grocery and convenience stores, as well as apparel and specialty retailers. CB4 aims to empower store managers by providing them with timely recommendations to improve product availability and customer experience. The company operates with a workforce of approximately 51-200 employees, with a significant presence in Israel and a growing footprint in the United States. CB4's innovative solutions are designed to be user-friendly, requiring minimal technical infrastructure, which makes them accessible to a wide range of retail businesses.

21. Standard Cognition

• Website: standardcognition.com
• Ownership type: Private
• Headquarters: San Francisco, California, United States (USA)
• Founded year: 2017
• Headcount: 51-200
• LinkedIn: standardcognition.com

Standard Cognition, founded in 2017 and based in San Francisco, California, is a private technology firm focused on artificial intelligence solutions for the retail industry. The company aims to transform physical retail by providing advanced analytics and insights that help retailers optimize their operations and enhance customer experiences. Their flagship product, the VISION platform, leverages computer vision technology to deliver predictive insights, improve shelf availability, and implement effective loss prevention strategies. Standard Cognition's team comprises professionals with extensive backgrounds in technology and retail, drawing expertise from notable companies such as NASA and Oracle. The company has gained recognition for its innovative approach and has been supported by prominent venture capital firms, indicating a strong position in the retail technology sector.

22. ReTech Labs, Inc.

• Website: retechlabs.com
• Ownership type: Corporate
• Headquarters: San Diego, California, United States (USA)
• Employee distribution: India 58%, United States (USA) 15%, Russia 10%, Other 17%
• Latest funding: October 2021
• Founded year: 2015
• Headcount: 51-200
• LinkedIn: retech-labs-inc

ReTech Labs, Inc., part of SymphonyAI, is a technology company based in San Diego, California, founded in 2015. The company specializes in AI-powered solutions that cater to various industries, with a significant focus on retail. Their software as a service (SaaS) products are designed to help businesses optimize processes, enhance decision-making, and improve operational efficiency. In the retail sector, ReTech Labs offers solutions that optimize supply chain performance, drive better category and space planning decisions, and deliver personalized customer experiences. Their technology is utilized by a wide range of retail clients, aiming to leverage advanced analytics and AI capabilities to address specific business challenges. The company has not reported any recent funding, indicating a stable operational status since its last funding round in 2021.

23. Retail AI, Inc

• Website: retail-ai.jp
• Ownership type: Private
• Headquarters: Minato City, Tokyo, Japan
• Employee distribution: Japan 100%
• Founded year: 2018
• Headcount: 11-50
• LinkedIn: retail-ai-inc

Retail AI, Inc. is a private technology firm based in Minato City, Tokyo, Japan, founded in 2018. With a team of 49 employees, the company specializes in developing AI-driven solutions for the retail industry. Their flagship products include 'Skip Cart', which integrates e-commerce convenience into physical stores, and 'AI Camera Solutions', designed to analyze shopper interactions and optimize store layouts. Retail AI, Inc. primarily serves businesses in the retail and consumer goods sectors, helping them leverage technology to enhance operational efficiency and customer engagement. The company is actively involved in initiatives like Project REAIL, collaborating with various stakeholders to transform the shopping experience. Their focus on innovation and customer-centric solutions underscores their commitment to advancing the retail sector.

24. Sumato-id

• Website: sumatoid.com
• Ownership type: Private
• Headquarters: Buenos Aires, Buenos Aires, Argentina
• Employee distribution: Argentina 56%, Chile 44%
• Founded year: 2013
• Headcount: 11-50
• LinkedIn: sumato-id

Sumato-id, founded in 2013 and based in Buenos Aires, Argentina, is a private company that specializes in retail technology. With a team of 11 to 50 employees, Sumato-id focuses on digital transformation solutions tailored for physical retail environments. Their offerings include an AI platform that leverages computer vision and data analytics to enhance customer experiences and streamline retail operations. The company serves a range of retail businesses looking to improve operational efficiency and customer engagement. Notably, Sumato-id has gained recognition for its innovative solutions, including a collaboration with Coca-Cola to develop intelligent point-of-purchase displays that utilize AI to analyze customer behavior and optimize product placement. This involvement highlights their commitment to advancing the retail sector through technology.

25. S5 Stratos

• Website: s5stratos.com
• Ownership type: Private
• Headquarters: Dallas, Texas, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2013
• Headcount: 11-50
• LinkedIn: s5-stratos

S5 Stratos, founded in 2013 and based in Dallas, Texas, is a private software company that specializes in AI-driven solutions for the retail and consumer packaged goods sectors. With a team of 11-50 employees, S5 Stratos focuses on providing innovative services such as assortment planning, merchandise financial planning, and allocation optimization. Their solutions are designed to help retailers enhance their merchandising strategies and improve decision-making processes. The company has established itself as a partner for major retailers looking to harness the power of data science to drive operational efficiency. S5 Stratos emphasizes a consumer-centric approach, enabling businesses to better understand customer preferences and buying patterns. Their platform is built to support various business models, including wholesale and direct-to-consumer, making it adaptable to the evolving needs of the retail industry.

26. Neoastra

• Website: neoastra.com
• Ownership type: Private
• Headquarters: Bengaluru, Karnataka, India
• Employee distribution: India 91%, Canada 5%, United States (USA) 5%
• Founded year: 2018
• Headcount: 11-50
• LinkedIn: neoastra

Neoastra, founded in 2018 and based in Bengaluru, Karnataka, India, is a private technology firm that specializes in AI-driven solutions across various industries, including retail and automotive. With a team of 23 employees, Neoastra focuses on enhancing operational efficiency and customer experiences through advanced analytics and smart technology. Their product suite includes NeoVision, which analyzes camera data for actionable insights, and NeoRetail, which empowers retailers to understand customer behavior and optimize in-store performance. Neoastra's innovative solutions, such as the AI-powered smart shopping cart NeoKart, aim to improve the retail experience by streamlining checkout processes and personalizing customer interactions. The company serves a clientele that seeks to leverage AI for improved decision-making and performance, making it a relevant player in the retail AI solutions market.

27. Stylitics

• Website: stylitics.com
• Ownership type: Private Equity
• Headquarters: New York, New York, United States (USA)
• Employee distribution: United States (USA) 83%, India 9%, North Macedonia 5%, Other 3%
• Latest funding: Series C, $80.0M, March 2022
• Founded year: 2011
• Headcount: 51-200
• LinkedIn: stylitics

Stylitics is a retail technology provider based in New York, founded in 2011. The company focuses on AI-driven solutions designed to enhance the shopping experience for both consumers and retailers. Stylitics offers a range of services, including AI styling, visual shopping, and personalized recommendations, which help retailers engage customers and boost sales. Their technology is particularly aimed at improving eCommerce strategies for retailers, allowing them to create more personalized and inspiring shopping experiences. With a workforce of approximately 178 employees, Stylitics has established a significant presence in the retail sector, serving over 175 clients. The company has also secured substantial funding, with an $80 million Series C round completed in March 2022, reflecting strong investor interest in their innovative approach to retail technology.

28. Baksters

• Website: baksters.com
• Ownership type: Private
• Headquarters: Bangkok, Bangkok, Thailand
• Employee distribution: Thailand 100%
• Founded year: 2016
• Headcount: 11-50
• LinkedIn: baksters

Baksters is a private consulting and software development firm based in Bangkok, Thailand, founded in 2016. The company specializes in artificial intelligence and machine learning solutions, focusing on enhancing business operations and customer engagement. With a team of around 27 employees, Baksters has developed several innovative products, including MANAVIS, a video analytics solution designed to help retail businesses understand customer behavior and improve sales strategies. Another key offering is SONDHANA, which utilizes text and speech analytics to provide insights into customer feedback and brand reputation. Baksters aims to empower businesses in the retail and manufacturing sectors by transforming them into data-driven organizations, leveraging their expertise in AI technologies. The company has not reported any funding to date, indicating a self-sustained growth model.

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