Trigo Analysis: $189M Raised
What is Trigo?
Trigo specializes in AI technology for retail, focusing on loss prevention and operational efficiency. Their unique approach utilizes non-biometric data to ensure privacy while enhancing retail operations. This technology transforms shopping experiences and helps retailers modernize without compromising customer trust.
Employees
201-500
Founded
2018
Industry
AI/ML, Data Analytics, Privacy Tech
Product Features & Capabilities
- End-to-end loss prevention solutions with real-time alerts
- Autonomous store technology for frictionless shopping experiences
- Retail intelligence analytics for data-driven insights
- Non-biometric tracking for enhanced privacy
- Proprietary AI platform processing millions of shopping activities.
Use Cases
Reduce theft with real-time alerts on suspicious activities; Enhance customer experience through frictionless checkout solutions; Analyze shopping behaviors to optimize inventory management; Improve operational efficiency with data-driven insights; Implement loss prevention strategies tailored to specific retail environments.
How much Trigo raised
Seed - $7 million
2018Lead Investor: Hetz Ventures, Vertex Ventures
Series A - $22 million
2019Lead Investor: Red Dot Ventures
Series B - $60 million
June 2021Lead Investor: 83North, Tesco, REWE, Viola Ventures
Series C - $100 million
October 26, 2022Lead Investor: Temasek, Hetz Ventures, Red Dot Capital Partners, Vertex Ventures, Viola, REWE Group
Other Considerations
Recognized as a Forbes AI50 winner in 2023; Featured in Sifted’s B2B SaaS Rising 100 for 2024; Available via Microsoft’s Azure Marketplace.
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Financial Overview
$189MTotal Raised
Seed$7 million
2018
Investors: Hetz Ventures, Vertex Ventures
Series A$22 million
2019
Investors: Red Dot Ventures
Series B$60 million
June 2021
Investors: 83North, Tesco, REWE, Viola Ventures
Series C$100 million
October 26, 2022
Investors: Temasek, Hetz Ventures, Red Dot Capital Partners, Vertex Ventures, Viola, REWE Group
