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Founded Year

2015

Stage

Series B | Alive

Total Raised

$37.05M

Last Raised

$25.8M | 9 mos ago

Mosaic Score

+10 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

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's solutions consist of devices in stores that leverage machine learning and computer vision technology.

Focal Systems Headquarters Location

2157 Harkins Ave

Menlo Park, California, 94025,

United States

Focal Systems's Product Videos

ESPs containing Focal Systems

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Consumer & Retail / Retail Tech

Demand forecasting & inventory optimization platforms utilize sales data and other relevant metrics to drive improvements in the inventory planning process.

Focal Systems named as Highflier among 10 other companies, including SAS, Crisp, and Impact Analytics.

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Focal Systems's Products & Differentiation

See Focal Systems's products and how their products differentiate from alternatives and competitors

  • FocalOS

    The operating system of retail. Using real time shelf digitization and advanced AI (including all modules below) to produce per store recommendations that maximize EBITDA.

    Differentiation

    An end to end solution that transforms how brick and mortar retail is run. 

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    Differentiation

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    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

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    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

  • Subscribe to see more

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    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

Research containing Focal Systems

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

CB Insights Intelligence Analysts have mentioned Focal Systems in 3 CB Insights research briefs, 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 5 Expert Collections, including Digital Health.

D

Digital Health

8,838 items

Startups recreating how healthcare is delivered

S

Store management tech (In-store retail tech)

2,066 items

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

S

Supply Chain & Logistics Tech

3,922 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

820 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

9,391 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 14 patents.

The 3 most popular patent topics include:

  • Retailing
  • Digital photography
  • Image processing
patents chart

Application Date

Grant Date

Title

Related Topics

Status

9/18/2019

8/3/2021

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

Grant

Application Date

9/18/2019

Grant Date

8/3/2021

Title

Related Topics

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

Status

Grant

Latest Focal Systems News

Walmart Rolling Out AI Solution For On-Shelf Availability

Sep 20, 2022

Walmart Rolling Out AI Solution For On-Shelf Availability 20th September 2022 Walmart’s operation in Canada is getting an automated AI (Artificial Intelligence) assisted system to improve product availability. Following a 70-store pilot, a solution from Focal Systems that uses cameras to automate out-of-stock detection is rolling out to all stores in the country. The technology, which is integrated with the retailer’s existing inventory systems, automatically detects real-time availability concerns (out-of-stock or low-stock) and directs store teams to replenish in key departments like grocery, pets, health & beauty, frozen, and dairy. Walmart stated that it is one of the first retailers in Canada to deploy an AI solution for on-shelf availability, which it claims has been a “game-changer” for its staff and customers. “We know it can be disappointing for customers when we don’t have products they want available on our shelves. That’s why we initiated this pilot using technology from Focal Systems that takes the guesswork out of knowing when a product is out of stock,” said Robin DeMers, Director, Store Optimization. “This leading-edge technology provides real-time, automated alerts for replenishment in key priority areas within our stores. It also empowers our associates with cool tech that makes a big difference in the way they are able to work and provide the best possible customer experience.” How the system works: Computer vision cameras are installed in popular areas throughout the store, pointed directly at shelves. At pre-determined intervals, the cameras scan the shelves. When a product goes out-of-stock, it will trigger replenishment through Walmart’s existing inventory systems. A staff member will receive the alert and re-stock the shelf as soon as possible. “With this bold step, Walmart is driving this industry forward in AI-adoption and retail automation, challenging the status-quo on availability, customer experience, and employee satisfaction,” said Francois Chaubard, CEO, Focal Systems. “Walmart is raising the bar, and we are inspired to help in any way we can. Focal is thrilled to be a key part of Walmart’s store digitisation efforts nationwide!” TAGS

Focal Systems Web Traffic

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  • When was Focal Systems founded?

    Focal Systems was founded in 2015.

  • Where is Focal Systems's headquarters?

    Focal Systems's headquarters is located at 2157 Harkins Ave, Menlo Park.

  • What is Focal Systems's latest funding round?

    Focal Systems's latest funding round is Series B.

  • How much did Focal Systems raise?

    Focal Systems raised a total of $37.05M.

  • Who are the investors of Focal Systems?

    Investors of Focal Systems include Zetta Venture Partners, Costanoa Ventures, Zebra Ventures, Point72 Ventures, Uncork Capital and 4 more.

  • Who are Focal Systems's competitors?

    Competitors of Focal Systems include Trax, Eversight, Afresh, Vispera Information Technology, Boxy and 16 more.

  • What products does Focal Systems offer?

    Focal Systems's products include FocalOS and 4 more.

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