About Trigo
Trigo is a company based in Tel Aviv (Israel) founded in 2018 by Daniel Gabay and Michael Gabay. It operates as a AI-as-a-Service. Trigo has raised $199 million across 5 funding rounds from investors including SAP, REWE Group and Tesco. Trigo offers products and services including Loss Prevention, Autonomous Store, and Retail Intelligence. Trigo operates in a competitive market with competitors including Trax, ParallelDots, Supersmart, Qopius and RestAR, among others.
- Headquarter Tel Aviv, Israel
- Founders Daniel Gabay, Michael Gabay
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Sectors
Industrial Goods & ManufacturingRetail Technology
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Phone
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Website
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Social
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- Legal Name Trigo Vision Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$199 M (USD)
in 5 rounds
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Latest Funding Round
$100 M (USD), Series C
Oct 26, 2022
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Investors
SAP
& 10 more
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Employee Count
Employee Count
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Products & Services of Trigo
Trigo offers a comprehensive portfolio of products and services, including Loss Prevention, Autonomous Store, and Retail Intelligence. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Solution for reducing theft using vision AI technology.
Frictionless shopping experience enabled by AI-driven systems.
Data-driven insights provided for optimizing retail operations.
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Funding Insights of Trigo
Trigo has successfully raised a total of $199M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $100 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 Total Funding
- Total Rounds 5
- Last Round Series C — $100.0M
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First Round
First Round
(11 Jul 2018)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Series C - Trigo | Valuation | Temasek , 83NORTH | |
| Jun, 2021 | Amount | Series B - Trigo | Valuation | REWE , Viola Group |
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| Dec, 2020 | Amount | Series B - Trigo | Valuation | 83NORTH |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Trigo
Trigo has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include SAP, REWE Group and Tesco. 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.
| Investor | Description | Founded Year | Domain | Location |
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An investment platform is provided for diverse sectors and geographies.
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Founded Year | Domain | Location | |
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Tech-focused, stage-agnostic venture capital is provided by 83NORTH.
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Founded Year | Domain | Location | |
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Early-stage Israeli startups are supported through venture capital investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Trigo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Trigo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Trigo Comparisons
Competitors of Trigo
Trigo 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 Trax, ParallelDots, Supersmart, Qopius and RestAR, 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 analytics solutions for retail shelf management are delivered.
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| domain | founded_year | HQ Location |
AI-powered image recognition solutions are provided for retail businesses.
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| domain | founded_year | HQ Location |
AI-driven autonomous checkout systems for retail are developed.
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| domain | founded_year | HQ Location |
An AI-based predictive analytics platform is provided for data-driven insights.
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| domain | founded_year | HQ Location |
Augmented reality platform for retail product visualization is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Trigo
Frequently Asked Questions about Trigo
When was Trigo founded?
Trigo was founded in 2018.
Where is Trigo located?
Trigo is headquartered in Tel Aviv, Israel.
Who is the current CEO of Trigo?
Michael Gabay is the current CEO of Trigo. They have also founded this company.
Is Trigo a funded company?
Trigo is a funded company, having raised a total of $199M across 5 funding rounds to date. The company's 1st funding round was a Series B of $60M, raised on Jul 11, 2018.
What does Trigo do?
Trigo is engaged in transforming retail operations through advanced vision AI technology. Solutions are provided for loss prevention, autonomous stores, and retail intelligence. The platform processes millions of shopping activities annually with a privacy-by-design approach using non-biometric data. Retailers are supported in modernizing operations and making data-driven decisions across various sectors of the retail industry.
Who are the top competitors of Trigo?
Trigo's top competitors include Trax, ParallelDots and Supersmart.
What products or services does Trigo offer?
Trigo offers Loss Prevention, Autonomous Store, and Retail Intelligence.
Who are Trigo's investors?
Trigo has 11 investors. Key investors include SAP, REWE Group, Tesco, Temasek, and Vertex Ventures SG.