Veesion
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2023 |
---|---|---|---|---|
Revenues | 1.4m | 1.4m | 3.6m | 41.2m |
% growth | - | - | 167 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$650k | Seed | ||
€120k | Seed | ||
* | N/A | Support Program | |
* | €10.0m | Series A | |
Total Funding | AUD18.2m |
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Recent News about Veesion
EditVeesion is a cutting-edge technology company specializing in AI-powered gesture recognition systems designed to enhance security and streamline operations in retail environments. Serving clients such as pharmacies, retail stores, and supermarkets, Veesion operates in the retail technology market. The company's business model revolves around providing a constantly improving AI solution that learns and adapts autonomously, ensuring ever more accurate gesture recognition. This technology supports security guards by allowing them to act more effectively and is paving the way for fully autonomous shops where customers can select products and be automatically charged at checkout. Veesion generates revenue through subscription-based services and partnerships with retail businesses. The company is also exploring advanced applications like preventing sophisticated checkout fraud. With a team of over 150 people, Veesion is committed to innovation, collaboration, and delivering revolutionary solutions to its clients.
Keywords: AI, gesture recognition, retail security, autonomous shopping, self-improvement, subscription services, retail technology, fraud prevention, innovation, collaboration.