AiFi

Santa Clara, United States Founded: 2016 • Age: 10 yrs
AI-based autonomous store solutions are provided for retailers and brands.
Annual revenue - Latest available
Total funding $90.7M 4 rounds
Employees - Tracked headcount
Investors 15 Known backers
Products 3 Services tracked
Competitors 7 Brand Intelligence

About AiFi

AiFi is a company based in Santa Clara (United States) founded in 2016. AiFi has raised $90.7 million across 4 funding rounds from investors including Verizon, REWE and Plug and Play Tech Center. AiFi offers products and services including AiFi Refresh, AiFi Build, and AiFi To-Go. AiFi operates in a competitive market with competitors including Presto, Mashgin, Focal systems, ITAB and Accel Robotics, among others.

  • Headquarter Santa Clara, United States
  • Sectors
    Retail
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Aifi Inc.
Operational Areas
Retail → Retail Technology & Automation Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Technology & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $90.7 M (USD)

    in 4 rounds

  • Latest Funding Round
    $6.7 M (USD), Series B

    Jul 26, 2024

  • Investors
    Verizon

    & 14 more

  • Employee Count
    Not available
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Products & Services of AiFi

AiFi offers a comprehensive portfolio of products and services, including AiFi Refresh, AiFi Build, and AiFi To-Go.

Product name locked
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Primary

Enables affordable automation of existing stores with minimal disruption.

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Facilitates AI-powered checkout for efficient new retail setups.

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Provides modular stores for staff-free retail in various locations.

People of AiFi

Headcount 50-200
Employee Profiles 55
Employee Profiles
People
Kathryn Hawton
Director Of Client Operations | Global
People
Nekruzjon Maxudov
Machine Learning Operations Engineer
People
Adam Cichy
Product Manager
People
Zhiar Karim
Retail Operation Manager

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Funding Insights of AiFi

AiFi has successfully raised a total of $90.7M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $6.7 million completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in AiFi

AiFi has secured backing from 15 investors, including institutional and venture fund investors. Prominent investors backing the company include Verizon, REWE and Plug and Play Tech Center.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investing in technology sectors such as AI and automotive.
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US & Asia focused seed, early & expansion stage VC firm
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Business consulting services are provided by Cervin to various clients.
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Investor details for AiFi

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Investments & Acquisitions by AiFi

Investments
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Investment portfolio details for AiFi

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  • Portfolio identities
  • Transaction dates
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Financial Statements - AiFi

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Detailed financials for AiFi

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  • Profit trends
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Aifi Comparisons

AiFi Primary company
Description
AI-based autonomous store solutions are provided for retaile...
Location
Santa Clara, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for AiFi

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Competitors of AiFi

AiFi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Presto, Mashgin, Focal systems, ITAB and Accel Robotics, among others.

Company Name Domain Founded year HQ Location Description
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Drive-through automation solutions for restaurants are provided using AI.
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Computer-vision self-checkout solutions are provided for offline retailers.
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AI-based suite solution for offline businesses
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Self-checkout solutions are provided for retail businesses worldwide.
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AI-based automated checkout solutions are developed for offline retailers.
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Detailed competitors of AiFi

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Latest news on Aifi

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Complete news archive for AiFi

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about AiFi

AiFi was founded in 2016 and raised its 1st funding round 2 years after it was founded.

AiFi is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.

Steve Carlin is the current CEO of AiFi.

AiFi is a funded company, having raised a total of $90.7M across 4 funding rounds to date.

AiFi was founded in 2016 in Santa Clara, United States, within the retail technology sector. Autonomous checkout-free shopping experiences are enabled for businesses through AI-driven platforms. Sensor fusion technology, combined with camera and sensor networks, is utilized for real-time tracking of people and product recognition. Retail stores are supported with inventory management data alongside insights into consumer shopping behaviors and product preferences.

AiFi's top competitors include Presto, Mashgin and Focal systems.

AiFi offers AiFi Refresh, AiFi Build, and AiFi To-Go.

AiFi has 15 investors. Key investors include Verizon, REWE, Plug and Play Tech Center, Plum Alley Investments, and Qualcomm Ventures.

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