6 years ago

ThirdEye Raises €2.3 Million to Expand Retail Security Platform

  • ThirdEye, a London-based retail security platform, has raised over €2.3 million in Series A funding led by Octopus Ventures, with participation from True and Episode 1 Ventures

  • The company's intelligent computer vision software helps retailers prevent theft, limit stock-outs, eliminate queues, and better understand customer behavior

  • The funding will be used to strengthen ThirdEye's team and technology platform in preparation for a wider commercial rollout across Europe.

      • ProblemTechnology

      "Billions of pounds are lost each year in retail due to theft, stockouts, and inefficient use of staff resources."

      Solution

      "ThirdEye offers an AI-powered platform that leverages existing security cameras to detect theft in real-time, optimize staff efficiency, and provide valuable insights into customer behavior."

      Covered on