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Fainders.AI logo — Automate offline retail stores

Fainders.AI

Automate offline retail stores

Founded 2020 Korea South Korea South 28 employees Series A Total: $7.70B AI, Computer Vision +2

General Information

Company Name Fainders.AI
Founded Year 2020
Location Korea South Korea South
Employees 28
Industries AI, Computer Vision, Information Technology +1
Funding Stage Series A
Social

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About Fainders.AI

FaindersAI is a computer vision AI-powered retail automation solution, offering an unmanned store experience through ceiling-mounted cameras to track customers and products, enabling automated payment processing upon customer exit. The company aims to empower retail store owners with a worry-free, unmanned operation at a minimal cost, providing high accuracy and the world's most cost-effective solution. Founded in 2020 in South Korea, FaindersAI received a KRW7.10B Series A investment on 18th July 2022 from prominent investors including Company K Partners, Klim Ventures, Quantum Ventures Korea, SDB Investment, and CRIT Ventures. With its innovative technology and strong financial backing, FaindersAI holds significant potential to revolutionize the offline retail industry and expand its footprint globally.

Business keywords: computer vision, retail automation, checkout-free payment, unmanned store, deep learning, cost-effective solution, offline retail, customer tracking, seamless payment experience, accuracy, profitability, retail innovation

Funding Rounds & Investors (2)

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Funding Stage Amount Investors Lead Investors Date
Series A KRW7.10B 5
Company K Partners Klim Ventures Quantum Ventures Korea
Company K Partners, Klim Ventures +3
18 Jul 2022
Seed Round KRW600.00M 1
Klim Ventures
Klim Ventures
14 Jul 2021

Fainders.AI Alternatives & Competitors

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Fainders.AI vs
PIXEVIA
PIXEVIA Lithuania

Fully automated retail stores and analytics using AI & cameras.

Seed
7 employees
AI, IT
Compare Fainders.AI vs PIXEVIA
Fainders.AI vs
Caper
Caper United States

Make shopping magic.

Series A
67 employees
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Fainders.AI vs
Imagr
Imagr New Zealand

No queues, no scanning - AI-powered smart carts. Built for retailers, demanded by shoppers.

Seed
21 employees
AI, Computer Vision
Also compare with: Fainders.AI vs Autocanteen Autocanteen View all alternatives

FAQ About Fainders.AI

Automate offline retail stores
Fainders.AI was founded in 2020.
Fainders.AI is headquartered in Korea South.
Fainders.AI operates in AI, Computer Vision, Information Technology and Retail. Its work centres on computer vision, retail automation, checkout-free payment and unmanned store.
Fainders.AI has approximately 28 employees.
Fainders.AI has completed 2 funding rounds, raising a total of $7.70B. The latest funding stage is Series A.
Top alternatives and competitors to Fainders.AI include PIXEVIA, Caper, Imagr, Sensei, Checkout Technologies (acquired by Standard AI). These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Fainders.AI and PIXEVIA are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Fainders.AI, https://bouncewatch.com/company/faindersai, updated 24 October 2024. When citing, please name BounceWatch and link this page.

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