Founded Year

2016

Stage

Series B | Alive

Total Raised

$71M

Last Raised

$39M | 1 yr ago

About Grabango

Grabango is a checkout-free technology provider for large-scale grocery and convenience store chains. The Grabango platform is a fault-tolerant, edge computing network that accurately processes millions of simultaneous transactions. The system places no limits on who can enter the store, what can be sold there, or how the shelving is configured.

Grabango Headquarter Location

2105 Bancroft Way

Berkeley, California, 94704,

United States

510-462-2571

Grabango's Product Videos

ESPs containing Grabango

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

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Consumer & Retail / Store Management

Contactless self-checkout companies make solutions that speed up checkout by largely eliminating interaction between shoppers and employees and preventing line formation. This market includes 4 core solutions: smart cameras enabled by computer vision, shelf sensors, self-scan mobile checkout apps, and self-scan shopping carts.

Grabango named as Highflier among 14 other companies, including AiFi, Trigo, and MishiPay.

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Grabango's Products & Differentiation

See Grabango's products and how their products differentiate from alternatives and competitors

  • Checkout-Free Technology

    Grabango checkout-free technology eliminates the checkout line for shoppers and dramatically reduces the cost of operating a grocery or convenience store. This is accomplished with computer vision and AI in a way that is simply seamless for shoppers.

    Differentiation

    Grabango is differentiated in the following primary areas: 

    Retrofit in stores without any downtime or interruption to sales. 

    Highest accuracy system, generating accurate receipts for shoppers every time. 

    Best industrial design, the Grabango system is essentially invisible to shoppers and store associates. 

    Highest ROI for retailers. 

Expert Collections containing Grabango

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

Grabango is included in 8 Expert Collections, including Store management tech (In-store retail tech).

S

Store management tech (In-store retail tech)

1,737 items

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

G

Grocery Retail Tech

691 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.

P

Payments

1,949 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

A

Artificial Intelligence

8,694 items

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

N

New Retail Formats

365 items

Tech-enabled, physical retail selling formats that reach beyond the walls of a traditional store.

A

AI 100

100 items

The winners of the 4th annual CB Insights AI 100.

Grabango Patents

Grabango has filed 37 patents.

The 3 most popular patent topics include:

  • Image processing
  • Computer vision
  • Feature detection (computer vision)
patents chart

Application Date

Grant Date

Title

Related Topics

Status

2/27/2020

4/12/2022

Data management, Image processing, Bridge systems, Network protocols, Infrastructure investment

Grant

Application Date

2/27/2020

Grant Date

4/12/2022

Title

Related Topics

Data management, Image processing, Bridge systems, Network protocols, Infrastructure investment

Status

Grant

Latest Grabango News

Community Service Spotlight: 7-Eleven, Murphy USA, GPM Investments & Enmarket

May 13, 2022

Efforts focus on scholarships, raising money for charities and more. Image NATIONAL REPORT — Giving back through community service efforts and charitable donations is a positive force that keeps many retailers and suppliers of this industry moving ahead. On a regular basis, Convenience Store News highlights these philanthropic efforts in this special section. Here are the latest company spotlights: CITGO The Simón Bolívar Foundation, a 501 (c)(3) nonprofit private foundation, in collaboration with Baylor College of Medicine is offering to fund up to seven scholarships to medical professionals working in Venezuela for a world-class diploma course in tropical medicine from Baylor's National School of Tropical Medicine. "We see this collaboration as the first step towards a long-term, mutually beneficial strategic relationship with Baylor College of Medicine and the Fundación Academia Nacional de Medicina Francisco Antonio Rísquez," said Mariela Poleo, president of the Simon Bolivar Foundation. "This charitable program provides capacity-building for medical professionals in Venezuela, given the evidence of loss of health professionals in Venezuela and the need to re-build capacity, while at the same time providing bidirectional knowledge transfer." The Tropical Medicine program is an intensive non-degree online program designed for physicians, consisting of four modules addressing epidemiology; public health, tropical bacteriology and virology; tropical parasitology and mycology; and application of travel and tropical medicine via webinars, in four months. This program will develop skills needed for healthcare professionals to work in the tropical medicine field and will prepare them to sit for the CTropMed Certificate of Knowledge in Clinical Tropical Medicine and Travelers' Health. Energy North Group Energy North Group (ENG) announced its tradition of fundraising on behalf of the Muscular Dystrophy Association (MDA) has continued for the 18th consecutive year. The money raised throughout the campaign are used to fund research and care initiatives for those living with muscular dystrophy, ALS and related neuromuscular diseases, as well as to fund children's time at MDA Summer Camp. ENG has raised $101,415 for the organization in 2022. Image "This is an initiative that brings people together for good," said Pat O'Connell, executive vice president, Energy North Group. "The MDA makes a tremendous difference in the lives of all those affected by neuromuscular diseases. Thank you to all our Energy North Group, Haffner's and Tradewinds colleagues and community members who came together to make this donation a reality." Enmarket The Enmarket Charity Classic returned March 31, raising $180,000 to be split evenly between the 200 Club of the Coastal Empire and Make-a-Wish Georgia. Image This was the third presentation of the annual Enmarket Charity Classic, which is part of the company's sponsorship of the Club Car Championship at The Landings Club. More than 250 golfers took part in the charity tournament this year. "Enmarket works hard to be a good corporate citizen of the areas we serve," said Brett Giesick, previously president of Enmarket and now chief operating officer at parent company Colonial Group Inc. "That means not only the services our stores provide, but support for the community at large as well. Enmarket is delighted to be able to support two such worthwhile organizations." This year's tournament raised $20,000 more than last year's event. Enmarket also donated 500 gallons of diesel fuel to assist the residents of North Bryan County with cleanup efforts following devastating tornado destruction in areas around Pembroke and Black Creek. Enmarket partnered with Badger Rental Services to help fuel fleets of trucks, tractors and construction equipment provided by volunteers helping clean up trees and storm debris. "This last week has been quite unforgettable for residents of North Bryan County," said Garrett Shurling, president and CEO of Badger Rental Services. "The contrast between the tragedy and loss that some of our neighbors have experienced with the unbelievable outpouring of help from the rest of the surrounding area is quite a thing." Shurling decided to lend a hand after talking with a landscaping friend who had been volunteering with the cleanup but admitted the time off the job site and the fuel to keep his equipment running was starting to become a problem. "I called my business partner, Aaron Drew, and we decided to go and fuel the community," Shurling said. "We were blown away when Enmarket contacted us and told us that they wanted to partner up. "Because of Enmarket's generosity, we loaded up and refueled the good people who are giving their time for our neighbors," Shurling added. "Tons of pickups, trailers, skid steers, tractors and excavators have been showing up every day and you would not believe the difference in just a few days after the hard work of so many. Although some places are still in total devastation, our neighbors have restored a kind of new normal to tons of families." GPM Investments GPM Investments is teaming up with JDC, a global humanitarian organization, to raise funds to help alleviate the growing refugee crisis in Ukraine and neighboring countries. "We want to render immediate assistance to help those affected by the war in Ukraine," said Arie Kotler, CEO of GPM. "JDC is already on the ground providing refugees with a wide variety of emergency support, including food and medical care, and I'm proud that our company and our customers can act now to assist with this urgent effort." Through June 12, GPM associates across all company-operated locations will sell pinups in donation amounts of $1, $5 and $10. Customers can also donate directly. GPM is also partnering with its supplier community and raising additional dollars. All proceeds will be matched dollar for dollar up to $1 million by a JDC donor. Grabango Grabango is committing 1 percent of its grocery technology and 1 percent of its employees' time to eliminating food deserts and improving access to healthy food in underserved communities. Grabango joined Pledge 1%, a global movement to inspire, educate, and empower every company to leverage their assets for good. "So much of modern technology is built for the wealthy first, and only eventually trickles down for use in our broader society. At Grabango, we're seeking to do just the opposite. We want to benefit those most in need by donating our technology for use in the neighborhoods with the fewest nutritional resources. Working in partnership with the Pledge 1% movement on this objective was a natural fit for us," said Will Glaser, CEO of Grabango. Murphy USA Murphy USA Inc. announced the next phase of its "Great Futures Fueled Here" campaign for Boys & Girls Clubs of America at all Murphy USA and Murphy Express sites across 27 states. Funds from the multi-phase campaign will help support Boys & Girls Clubs of America's mission of enabling all young people to reach their full potential as productive, caring, responsible citizens. In addition to the $3 million already raised to support Boys & Girls Clubs, Murphy USA, as a national partner, is committed to raising an additional $500,000 during its campaign in 2022. Image "Giving back is part of our broader mission and commitment as an organization to our team members, customers, and communities. We are passionate about providing opportunities for the next generation," said Andrew Clyde, president, and CEO of Murphy USA. "That's why we are proud to be a national partner of Boys & Girls Clubs of America, supporting local clubs where we operate through our 'Great Futures Fueled Here' campaign. "In the third year of our partnership, we will again leverage our team members across the chain to encourage customers to 'Round-up' their purchases to provide much needed funding to their local Boys & Girls Clubs," Clyde added . "This financial support helps to provide youth in our communities with the essential tools for cultivating a successful future." OnCue OnCue and Folds of Honor are working together again to offer a limited-edition fundraiser cup. OnCue will donate 50 cents for each cup purchased through June 30. Proceeds will go to Folds of Honor, a nonprofit that provides academic scholarships to spouses and children of America's fallen or disabled service members. Folds of Honor has awarded approximately 35,000 scholarships in all 50 states, including nearly 7,000 in 2021-22 alone. Image "Folds of Honor aligns with our community mission to support children through education, and with both organizations having Oklahoma roots, it just made sense," said Laura Aufleger, president of OnCue. "It’s a privilege to work with Folds of Honor again and give thanks to our veterans and their families for their sacrifices." The two groups previously partnered in 2019 and raised $10,000 in scholarship money through the sales of the cups. Parker's The Parker's Community Fund is currently accepting applications for funding from qualifying 501(c)(3) nonprofit organizations in coastal Georgia and South Carolina. The Parker's Community Fund will award grants to organizations demonstrating positive, measurable impact in one or more of the following focus areas: education, healthcare, hunger and heroes. Qualifying charitable organizations must operate within the Parker's Community Fund service area in coastal Georgia and South Carolina. To apply, organizations must complete an online application, identifying a community need and how their organization will successfully address that need. Applicants are required to provide details about budget and financial needs for funding that can be used to start a new program or project or to expand an existing program or project. Rutter's Rutter's Children's Charities continued its annual Vote with Your Dollars charitable program in 2022. A total of $75,000 will be given out this year, with the top two places receiving their requested funding, up to $25,000. The remainder will be split between the third and fourth place charities. The winners will be announced in November. "Supporting the local communities that Rutter's serves is an important part of our charitable mission," said Chris Hartman, president of Rutter's Children's Charities. "We're very excited to continue our Vote With Your Dollars Program in 2022, giving Rutter's shoppers the opportunity to choose a charity they believe is deserving. This allows us to give to organizations that matter most to Rutter's customers." The 16 participating charities are: Adams County SPCA, Brown's Helpn Handz, LLC, Keystone Girls Softball League, Leg Up Farm, Make-a-Wish Greater PA & WV, New Hope Ministries INC, Reins and Rhythm Riding and Horsemanship, Ronald McDonald House Charities of Central Pa., Service Paws of Central Pa, Susan P. Byrnes Health Education Center Inc., The Potter's House of Ruth, White Rose Leadership Institute Dba Give Local York, Wildlife For Everyone, YMCA of Centre County-Anti Hunger Program, York Habitat for Humanity, and YWCA of York. 7-Eleven Inc. For more than 30 years, Speedway and its customers, vendors and associates have raised critical funds needed to advance pediatric healthcare, improve individual patients' health, protect children's futures and enhance local communities. In 2021 alone, Speedway, part of the 7‑Eleven family of brands, raised more than $19 million for the organization through in-store campaigns, promotions and the annual Speedway Miracle Tournament. Image Of the $19 million raised, more than $2.5 million supported local member hospitals through the annual Speedway Miracle Tournament, impacting 43 hospital markets and millions of kids. Patient families, who attend the event from these member hospitals, share their stories and the impact of donations in funding critical treatments and services at children's hospitals. In 2022, Speedway stores will continue to give customers the opportunity to donate for Children's Miracle Network Hospitals across the country. "Speedway customers and associates have an unwavering commitment to supporting Children's Miracle Network Hospitals and the communities in which we operate," said Rankin Gasaway, 7‑Eleven executive vice president and chief administrative officer. "We are looking forward to continuing and growing our partnership and we invite customers to help us give back throughout the year."

Grabango Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Grabango Rank

  • When was Grabango founded?

    Grabango was founded in 2016.

  • Where is Grabango's headquarters?

    Grabango's headquarters is located at 2105 Bancroft Way, Berkeley.

  • What is Grabango's latest funding round?

    Grabango's latest funding round is Series B.

  • How much did Grabango raise?

    Grabango raised a total of $71M.

  • Who are the investors of Grabango?

    Investors of Grabango include Founders Fund, Commerce Ventures, Unilever Ventures, Honeywell Ventures, WIND Ventures and 9 more.

  • Who are Grabango's competitors?

    Competitors of Grabango include Mashgin, AiFi, Nomitri, Boxy, Caper AI and 9 more.

  • What products does Grabango offer?

    Grabango's products include Checkout-Free Technology.

  • Who are Grabango's customers?

    Customers of Grabango include Circle K and BP .

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