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Trigo Raises $100M To Expand Its Amazon-Style Cashier-Free Store Technology

Oct 26, 2022almost 3 years ago

Amount Raised

$100 Million

New YorkArtificial Intelligence

Description

Amazon has become the pacemaker in commerce, and today a startup that’s been building technology to help retailers keep up with it in the world of physical stores is announcing some funding to expand its business. Trigo, an Israeli startup that builds technology for stores to operate cashier-free, “just walk out” experiences similar to those you might find in Amazon Go stores, has raised $100 million.

Company Information

Company

Trigo

Location

New York, New York, United States

About

Trigo uses AI to automate rent verifications, giving lenders and property managers the critical rental data they need to screen applicants and underwrite borrowers. Trigo’s mission is to help renters unlock the power of their own data—putting rent on equal footing with mortgage payments—to build credit and expand access to fairer financial products.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech