Auror raised A$74 million in a Series C round co-led by Woolworths-backed W23 Global and Axon Enterprise for research and development and expansion into the US and UK.
Auror raised A$74 million in a Series C round co-led by Woolworths-backed W23 Global and Axon Enterprise for research and development and expansion into the US and UK.
11/11/24, 10:33 PM
Location
aucklandMoney raised
$74 million
Industry
retail
software
Round Type
series c
Investors
Folklore Ventures, New Zealand Growth Capital Partners, K1 W1, Gd1, Movac, Reinventure, Axon Enterprise, W23 Global
Auror, a New Zealand retail crime reporting platform, raised NZ $82 million (A$74.3m) in a Series C funding round. The capital will be used for R&D in Auckland, increasing headcount, and expanding into international markets.
Company Info
Location
auckland, auckland, new zealand
Additional Info
Auror is a New Zealand retail crime reporting and surveillance platform that utilizes intelligence software to combat theft and assist law enforcement. The platform supports 150,000 retail users across 45,000 stores globally, leveraging data and technology to profile potential offenders. Auror aims to make communities safer by connecting retailers and law enforcement to tackle retail crime at scale. The company is backed by various venture capitalists and is transitioning into expansion in international markets like the US and UK.