Cloosiv

Charlotte, United States Founded: 2017 • Age: 9 yrs
Provider of self-checkout solutions for offline retailers
Annual revenue - Latest available
Total funding $13.2M 3 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Cloosiv

Cloosiv is a company based in Charlotte (United States) founded in 2017 by Tim Griffin. Cloosiv has raised $13.15 million across 3 funding rounds from investors including Paul Graham, Roger Dickey and Avichal Garg. Cloosiv operates in a competitive market with competitors including Grabango, AiFi, ITAB, Veeve and Everseen, among others.

  • Headquarter Charlotte, United States
  • Founders Tim Griffin
  • Sectors
    Retail
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Retail → Retail Technology & Automation Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Technology & Services Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$84.54 K (USD)
    0
    as on Dec 31, 2017
  • EBITDA
    Not available
  • Total Equity Funding
    $13.15 M (USD)

    in 3 rounds

  • Latest Funding Round
    $12 M (USD), Series A

    Aug 19, 2020

  • Investors
  • Employee Count
    Not available
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Funding Insights of Cloosiv

Cloosiv has successfully raised a total of $13.15M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in August 2020. 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 Cloosiv

Cloosiv has secured backing from 7 investors, including angel and venture fund investors. Prominent investors backing the company include Paul Graham, Roger Dickey and Avichal Garg.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Early-stage startups are accelerated via funding and educational programs.
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Paul Graham

Co-founder of Y Combinator, influential angel investor, and startup mentor
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Roger Dickey

Angel investor, founder of Gigster, early Facebook employee, active in tech startups
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Investor details for Cloosiv

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Investments & Acquisitions by Cloosiv

Investments
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Investment portfolio details for Cloosiv

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Financial Statements - Cloosiv

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Detailed financials for Cloosiv

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Cloosiv Comparisons

Cloosiv Primary company
Description
Provider of self-checkout solutions for offline retailers
Location
Charlotte, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
-$84.54 K (USD)
EBITDA
Not available
Employees
Not available
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Peer comparison for Cloosiv

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Competitors of Cloosiv

Cloosiv 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 Grabango, AiFi, ITAB, Veeve and Everseen, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
App-based automated checkout solutions are provided for offline retailers.
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AI-based autonomous store solutions are provided for retailers and brands.
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Self-checkout solutions are provided for retail businesses worldwide.
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AI-powered smart carts are used for retail checkout solutions.
Locked Locked Locked
AI-based theft detection is offered for offline retail stores.
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Cloud-based online store creation and self-checkout solutions
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Detailed competitors of Cloosiv

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Latest news on Cloosiv

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Complete news archive for Cloosiv

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Frequently Asked Questions about Cloosiv

Cloosiv was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Cloosiv is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.

Tim Griffin is the current CEO of Cloosiv. They have also founded this company.

Cloosiv is a funded company, having raised a total of $13.15M across 3 funding rounds to date.

Cloosiv was founded in 2017 in Charlotte, United States, and operates in the retail technology sector. Self-checkout services are delivered via a mobile application, enabling customers to scan barcodes on items in stores, compile shopping lists, and complete payments using credit cards or online methods. The app also supports bill scanning and payments in restaurants, facilitating efficient transactions across various offline retail environments.

Cloosiv's top competitors include Grabango, AiFi and ITAB.

Cloosiv has 7 investors. Key investors include Paul Graham, Roger Dickey, Avichal Garg, Ken Deeter, and Brad Powers.

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