Edgify

United Kingdom Founded: 2014 • Age: 12 yrs
Developer of AI retail solutions for loss prevention and process improvement
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About Edgify

Edgify is a company based in United Kingdom founded in 2014 by Nadav Tal Israel.. Edgify has raised $17.89 million across 4 funding rounds from investors including Telefónica, Octopus Ventures and Mangrove Capital Partners. The company has 25 employees as of December 31, 2024. Edgify operates in a competitive market with competitors including Twilio, Square, Capillary Technologies, Acquia and Zettle, among others.

  • Headquarter United Kingdom
  • Employees 25 as on 31 Dec, 2024
  • Founders Nadav Tal Israel
  • Sectors
    Retail
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Edgify Ai Ltd.
  • Date of Incorporation 17 Dec, 2014
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Retail → Retail Technology & Automation
Retail → E-Commerce Platforms & Marketplaces
Technology → Cloud, Data & Analytics Infrastructure
Technology → Artificial Intelligence & Machine Learning
Technology → Artificial Intelligence & Machine Learning
Retail → E-Commerce Technology & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $17.89 M (USD)

    in 4 rounds

  • Latest Funding Round
    $6.75 M (USD), Seed

    Oct 12, 2020

  • Investors
    Telefónica

    & 5 more

  • Employee Count
    25

    as on Dec 31, 2024

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People of Edgify
Headcount 10-50
Employee Profiles 12
Employee Profiles
People
Andrey Khaykin
Machine Learning Team Leader
People
Natalia Levine
Deep Learning Algorithm Researcher
People
Hadas Shahar
Senior Backend Engineer
People
Pavel Shvarchov
Full Stack Developer

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Funding Insights of Edgify

Edgify has successfully raised a total of $17.89M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $6.75 million completed in October 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.

  • Total Funding
  • Total Rounds 4
  • Last Round Seed — $6.8M
  • First Round

    (28 Sep 2016)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2020 Amount Seed - Edgify Valuation Octopus Ventures , Mangrove Capital Partners
May, 2018 Amount Seed - Edgify Valuation Octopus Ventures
Jul, 2017 Amount Seed - Edgify Valuation Santander InnoVentures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Edgify

Edgify has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Telefónica, Octopus Ventures and Mangrove Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investment and support for founders in technology and health sectors.
Founded Year Domain Location
Venture capital investments are directed toward tech sectors.
Founded Year Domain Location
Early stage Corporate VC firm investing in the UK
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Edgify

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Edgify

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Edgify Comparisons

Employees
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Competitors of Edgify

Edgify 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 Twilio, Square, Capillary Technologies, Acquia and Zettle, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based omnichannel communication and customer engagement platform is utilized.
domain founded_year HQ Location
POS solutions are provided for retail businesses.
domain founded_year HQ Location
AI-powered loyalty management software is offered for enterprises.
domain founded_year HQ Location
AI powered digital experience and customer data management platform
domain founded_year HQ Location
Payment processing solutions are offered to merchants and businesses.
domain founded_year HQ Location
Cloud-based point-of-sale software is provided for retailers and restaurants.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Edgify

Frequently Asked Questions about Edgify

When was Edgify founded?

Edgify was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Where is Edgify located?

Edgify is headquartered in United Kingdom.

Who is the current CEO of Edgify?

Nadav Tal Israel is the current CEO of Edgify. They have also founded this company.

Is Edgify a funded company?

Edgify is a funded company, having raised a total of $17.89M across 4 funding rounds to date.

How many employees does Edgify have?

As of Dec 31, 2024, the latest employee count at Edgify is 25.

What does Edgify do?

Edgify was founded in 2014 in the United Kingdom as a developer of AI solutions for the retail sector. Existing hardware and software are integrated by the system to detect unscanned items at checkout. Barcode switching and non-scans are identified, while barcodeless products are recognized to support self-checkout operations. Retail efficiency is enhanced through these tools, with a focus on reducing losses and improving customer experiences in store environments.

Who are the top competitors of Edgify?

Edgify's top competitors include Twilio, Capillary Technologies and Square.

Who are Edgify's investors?

Edgify has 6 investors. Key investors include Telefónica, Octopus Ventures, Mangrove Capital Partners, Santander InnoVentures, and Zen Invest.

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