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SOFTWARE (NON-INTERNET/MOBILE) | Retail & Inventory Software
focal.systems

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Founded Year

2015

Stage

Series B | Alive

Total Raised

$11.25M

About Focal Systems

Focal Systems provides solutions for retailers to improve inventory management, reduce out-of-stocks, enhance the shopper experience and optimize checkout lanes. Focal solutions consists of devices in stores that leverage machine learning and computer vision technology.

Focal Systems Headquarter Location

2157 Harkins Ave

Menlo Park, California, 94025,

United States

Latest Focal Systems News

Wakefern selects dunnhumby as category management strategy platform

May 25, 2021

25 May 2021 (Last Updated May 25th, 2021 16:07) Wakefern Food selects dunnhumby as its strategic platform for category management and merchandising. Share Article Wakefern members independently own and operate 363 supermarkets under various banners, including ShopRite and Price Rite Marketplace. Credit: Thomas / Flickr. US-based retailer-owned supermarket cooperative Wakefern Food has chosen customer data science company dunnhumby as its strategic platform to power category management and merchandising. Wakefern will benefit from dunnhumby’s customer data models and consumer-led insights and collaboration. The cooperative will also be able to make merchandising decisions that will improve the shopping experience across its 363 supermarkets, which include almost 280 ShopRite stores. dunnhumby’s technology will build upon Wakefern’s existing and developed merchandising and data analytic capabilities, involving customers directly in the decision-making process. dunnhumby North America president Grant Steadman said: “We are honoured to have been selected by Wakefern as their strategic partner for category management and merchandising. “Wakefern and its cooperative members have a long history as customer-centric and innovative retailers.” The platform will allow Wakefern and its vendors to provide an enhanced value for their customers. The partnership with dunnhumby is the cooperative’s latest effort to personalise its marketing and promotions and involve customers across its physical and online business. Wakefern Food chief customer officer Steve Henig said: “The tools and process that dunnhumby brings to the vendor relationship will allow us to increase product and service offerings, delivering the best shopping experience our customers deserve. “dunnhumby is a global industry leader that uses data and insights to understand evolving customer needs and help retailers deliver the products and categories that meet those needs.” Founded in 1946, Wakefern comprises almost 50 member families who independently own and operate 363 supermarkets under various banners. These include ShopRite, Price Rite Marketplace, The Fresh Grocer, Dearborn Market, Gourmet Garage and Fairway Market. Earlier this month, Wakefern expanded its usage of CitrusAd’s retail media technology by including native, in-app advertising. In 2019, the cooperative deployed shelf camera-based computer vision systems supplied by Focal Systems in 50 stores. The systems had previously been trialled in four stores. Up Next

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Research containing Focal Systems

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Focal Systems in 1 CB Insights research brief, most recently on Apr 12, 2021.

Expert Collections containing Focal Systems

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Focal Systems is included in 4 Expert Collections, including In-Store Retail Tech.

I

In-Store Retail Tech

1,485 items

Startups aiming to work with retailers to improve brick-and-mortar retail operations.

S

Supply Chain & Logistics Tech

3,626 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

G

Grocery Retail Tech

300 items

Startups providing B2B solutions to grocery businesses to improve their store and omni-channel performance. Includes customer analytics platforms, in-store robots, predictive inventory management systems, online enablement for grocers and consumables retailers, and more.

A

Artificial Intelligence

7,364 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

Focal Systems Patents

Focal Systems has filed 10 patents.

The 3 most popular patent topics include:

  • Digital photography
  • Image processing
  • Open formats
patents chart

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9/18/2019

8/3/2021

Machine learning, Artificial neural networks, Transcription factors, Classification algorithms, Artificial intelligence

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Machine learning, Artificial neural networks, Transcription factors, Classification algorithms, Artificial intelligence

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