About CoolR technology
CoolR technology is a Retail company based in Chantilly (United States) founded in 2016 by Durlabh Jain and Roy Mehta. CoolR technology has raised $10.1 million across 2 funding rounds from investors including Entrepreneurs Roundtable Accelerator, First Analysis and Moneta Ventures. CoolR technology offers products and services including StoreAware, VistaZ, and StoreBuddy. Its focus areas include In Store Retail Tech, Analytics, Operations Intelligence and Diversified. Its competitors include Retail Solutions, Repsly and Augmodo; 3 of its 3 listed competitors have raised funding.
Company details
Provider of IoT-based solutions for the retail industry. The solutions provided are a device that detects out-of-stock, planogram non-compliance, foreign product, and pricing inaccuracies, a device using WiFi, Cell Id, and GPS technology to track assets and also helps in collecting managing data using wireless and wired sensors, and monitoring of cooler health, usage, and customer behavior. It also provides a proprietary machine-learning platform to access descriptive, predictive, and prescriptive analytic data.
- Headquarters Chantilly, United States
- Founders Durlabh Jain, Roy Mehta
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website coolrgroup.com
- Social LinkedIn
- Total Equity Funding$10.1M (USD)
in 2 rounds
- Latest Funding Round$10M (USD), Series A
Oct 2022
- InvestorsEntrepreneurs Roundtable Accelerator
& 3 more
Products & Services of CoolR technology
CoolR technology offers a comprehensive portfolio of products and services, including StoreAware, VistaZ, and StoreBuddy.
AI engine for retail insights, actions, and order suggestions.
Camera for continuous asset monitoring and data streaming.
App for data capture and AI-based analytics in retail.
Funding Insights of CoolR technology
CoolR technology has successfully raised a total of $10.1M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in October 2022. 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.
- Total Funding $10.1M
- Total Rounds 2
- Last Round Series A — $10M
- First Round $100,000
(Jun 2019)
- Investors Count 4
All 2 funding rounds of CoolR technology with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2022 | $10M | Series A | – | First Analysis | |
| Jun 2019 | $100,000 | Seed | – | Entrepreneurs Roundtable Accelerator | – |
4 investors in total: 4 institutional.
Investors in CoolR technology
CoolR technology has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Entrepreneurs Roundtable Accelerator, First Analysis and Moneta Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated in fintech, SaaS, climate, and various sectors. | eranyc.com | New York, United States | ||
Venture capital and transaction advisory services for B2B tech companies. | firstanalysis.com | |||
Early-stage startups are invested in by Moneta Ventures. | moneta.vc | Folsom, United States | ||
Early-stage investments in transformative and climate-focused companies are made by Remarkable Ventures. | remarkable.vc |
Investor details for CoolR technology
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of CoolR technology
3 people are tracked at CoolR technology (2 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Durlabh Jain | Founder | Leadership |
Roy Mehta | Founder | Leadership |
Brent Kelton | Member Board Of Directors | Team |
Complete people profiles for CoolR technology
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of CoolR technology
3 dated milestones of CoolR technology across 6 years, from founding to its latest funding, stage changes and deals.
- Founded CoolR technology is founded.
- Funding First funding round of $100K.
- Funding Latest funding round, Series A, of $10.0M.
Competitors of CoolR technology
CoolR technology has 3 listed competitors in our database, 3 of them funded. They include Retail Solutions, Repsly and Augmodo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| retailsolutions.com | 2003 | Mountain View, United States | $28M | Analytics solutions for retailers and CPG manufacturers are provided. | ||
| repsly.com | 2010 | Boston, United States | $3.67M | 29 | Provider of in-store execution solution for businesses | |
| augmodo.com | 2023 | Seattle, United States | $42.88M | 4 | AI-based inventory and task management solutions are offered for retailers. |
Detailed competitors of CoolR technology
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Web traffic of CoolR technology
The website of CoolR technology (coolrgroup.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▼ 65.4% vs previous month
Top companies in Autonomous & In-Store Retail Tech
3 companies that operate in the same segment as CoolR technology (Autonomous & In-Store Retail Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | 576 | ||
POS solutions are provided for retail businesses. | 2009 | San Francisco, California, United States | USD 519.75 M | USD 24.19 B | 6,214 | |
Provider of cloud-based POS software solutions for businesses and service providers | 1999 | San Francisco, California, United States | USD 923 M | 2,684 |
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Related news about Coolr Technology
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Frequently Asked Questions about CoolR technology
CoolR technology was founded in 2016 and raised its 1st funding round 3 years after it was founded.
CoolR technology is headquartered in Chantilly, United States. It is registered at Chantilly, Virginia, United States.
CoolR technology is a funded company, having raised a total of $10.1M across 2 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on Jun 2019.
Provider of IoT-based solutions for the retail industry. The solutions provided are a device that detects out-of-stock, planogram non-compliance, foreign product, and pricing inaccuracies, a device using WiFi, Cell Id, and GPS technology to track assets and also helps in collecting managing data using wireless and wired sensors, and monitoring of cooler health, usage, and customer behavior. It also provides a proprietary machine-learning platform to access descriptive, predictive, and prescriptive analytic data.
CoolR technology's top competitors include Repsly, Augmodo and Retail Solutions.
CoolR technology offers StoreAware, VistaZ, and StoreBuddy.
CoolR technology has 4 investors. Key investors include Entrepreneurs Roundtable Accelerator, First Analysis, Moneta Ventures, and Remarkable Ventures.