Coolr Group Raises $10 Million To Accelerate Automated Ordering Globally

Oct 14, 2022•almost 3 years ago

Amount Raised

$10 Million

ChantillyInformation Technology

Description

CoolR Group, the leader in automated ordering for brands using AI-based image recognition, has announced a $10 million round led by long-term VC investor First Analysis. Moneta Ventures and Remarkable Ventures also are participating in the oversubscribed round. The company will use the capital to drive growth and invest in R&D.

Company Information

Company

CoolR Group

Location

4451 BROOKFIELD CORPORATE DRIVE

Chantilly, Virginia, United States

About

CoolR helps CPG’s and retailers take control of demand and ensure the right products are in the right place at the right time. We monitor refrigerated, frozen, and ambient shelves, collecting data on out-of-stock opportunities, product performance and execution audits. We then integrate visual AI decision-making into everyday commercial execution. We specialize in remote, unbiased monitoring, enabling high-performance results for sales uplift and cost reduction programs in our partners.

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Coolr Group Raises $10 Million To Accelerate Automated Ordering Globally

Description

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