Trigo

Trigo

An advanced retail automation platform that uses computer vision to streamline retail operations, prevent shoplifting and provide insights. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD2019202020212022
Revenues4.0m15.0m35.2m49.2m
% growth-275 %135 %40 %
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DateInvestorsAmountRound
*

$7.0m

Seed
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$22.0m

Series A

$60.0m

Series B

$10.0m

Valuation: $300m

Late VC
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$100m

Series C
Total Funding€181m

Recent News about Trigo

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More about Trigo
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Trigo Retail is a technology startup that operates in the retail industry, specifically focusing on grocery retailers. The company uses advanced technologies such as artificial intelligence (AI) and computer vision to automate and optimize in-store operations. This includes creating fully autonomous stores, enhancing customer experiences, and improving supply chain optimization.

Trigo's clients include some of the world's top grocery retailers such as Tesco, Aldi Nord, and Rewe. These retailers are leveraging Trigo's technology to disrupt traditional retail models and meet rising consumer expectations for seamless, on-the-go shopping experiences. For example, Tesco Express in London and Aldi Nord in Utrecht have both launched fully autonomous stores powered by Trigo's technology.

The company's business model revolves around providing its clients with a technology-first approach to retail. This includes offering solutions for seamless checkout compatible with any payment preference, real-time receipts to boost customer confidence, and accurate real-time in-store data to help retailers optimize their operations.

Trigo makes money by selling its autonomous retail platform, StoreOS™, to retailers. The company recently raised $100M, bringing its total funding to $204M, which it plans to use to expand its platform in more and bigger stores worldwide.

In summary, Trigo Retail is a technology startup that is revolutionizing the retail industry by using AI and computer vision to create fully autonomous stores and enhance customer experiences.

Keywords: Retail Technology, Grocery Retailers, Autonomous Stores, Customer Experience, Supply Chain Optimization, Artificial Intelligence, Computer Vision, Seamless Checkout, Real-Time Data, Store Automation.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.