Black Innovation - About the company
Black Innovation is a seed company based in Carlton (Australia), founded in 2015 by Michelle Mannering, Keaton Okkonen and Sebastien Collier. It operates as a Provider of a platform for training autonomous systems. Black Innovation has raised $8.55M in funding from investors like Blackbird Ventures, Pan and Right Click Capital. The company has 232 active competitors, including 60 funded and 36 that have exited. Its top competitors include companies like Trax, RetailNext and Crisp.
Company Details
Black Innovation provides a platform for training autonomous systems. Its product, Ani, is an artificial intelligence system that can watch and understand human behavior. It automates the direct observation of people movement and flow through environments, detecting interactions and notable events, reporting them in real time.
- Website
- black.ai
- Email ID
- *****@black.ai
Key Metrics
Founded Year
2015
Location
Carlton, Australia
Stage
Seed
Total Funding
$8.55M in 4 rounds
Latest Funding Round
Investors
Ranked
33rd among 232 active competitors
Employee Count
11 as on Aug 31, 2026
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Black Innovation's funding and investors
Black Innovation has raised a total funding of $8.55M over 4 rounds. Its first funding round was on 2016. Its latest funding round was a Seed round on Jun 27, 2022 for $*****. 2 investors participated in its latest round. Black Innovation has 9 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Black Innovation:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 27, 2022 | 7486017 | Seed | 5223704 | 8844702 | 5044786 | 3296001 |
Oct 04, 2018 | 8454220 | Seed | 9576751 | 6221727 | 3139441 | |
2017 | 7980 | Seed | 8544 | 6460 | 1394 |
View details of Black Innovation's funding rounds and investors
Black Innovation's founders and board of directors
Founder? Claim ProfileHere are the details of Black Innovation's key team members:
- Michelle Mannering: Former Co-Founder & COO of Black Innovation and founder of 1 other company.
- Keaton Okkonen: CEO & Co-Founder of Black Innovation. Contact Info: 1 email address
- Sebastien Collier: Co-Founder of Black Innovation. Contact Info: 1 email address
View details of Black Innovation's Founder profiles and Board Members
Black Innovation's employee count trend
Black Innovation has 11 employees as of Aug 26. Here is Black Innovation's employee count trend over the years:
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Black Innovation's Competitors and alternates
Top competitors of Black Innovation include Trax, RetailNext and Crisp. Here is the list of Top 10 competitors of Black Innovation, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cloud-based data analytics solutions for retail shelf management | $1.03B | 79/100 | ||
2nd | RetailNext 2007, San Jose (United States), Series E | Provider of traffic analytics, video security, and occupancy management solutions | $232M | 68/100 | |
3rd | Crisp 2016, New York City (United States), Series B | Platform offering business analytics software for CPG retailers and suppliers | $160M | 66/100 | |
4th | SPINS 1995, Chicago (United States), Series B | Provider of retail consumer analytics services | - | 62/100 | |
5th | Hypersonix 2018, San Francisco (United States), Series B | Provider AI-powered analytics platform for consumer commerce | $50M | 60/100 | |
6th | Standard 2017, San Francisco (United States), Series C | Platform offering AI-enabled automated checkout software solutions for offline retailers | $237M | 60/100 | |
7th | ParallelDots 2014, Seattle (United States), Series A | Provider of image recognition software for retail execution and monitoring | $6.5M | 55/100 | |
8th | Profitmind 2022, Pittsburgh (United States), Series A | Provider of agentic AI platform for retail decision-making and analysis | $9M | 52/100 | |
9th | DemandTec 1999, San Carlos (United States), Acquired | AI-powered retail pricing platform optimizing pricing, promotions, and markdown strategies | - | 51/100 | |
10th | Platform offering AI-powered prescriptive analytics applications for customer-facing businesses | $170M | 51/100 | ||
33rd | Black Innovation 2015, Carlton (Australia), Seed | Provider of a platform for training autonomous systems | $8.55M | 40/100 |
Looking for more details on Black Innovation's competitors? Click here to see the top ones
Black Innovation's Investments and acquisitions
Black Innovation has made no investments or acquisitions yet.
Reports related to Black Innovation
Here is the latest report on Black Innovation's sector:
News related to Black Innovation
•
Ulsan Center Invests in AI Startup Everblack to Boost Local Startup EcosystemStartupn•Aug 18, 2025•Black Innovation, Center for Creative Economy and Innovation
•
Computer vision software startup Black.ai closes $5.4m Seed+ roundStartup Daily•Jun 27, 2022•Black Innovation, Jelix, Right Click Capital
•
Melbourne startup Black.ai secures $1.2 million raise to bring robots into 21st century, and to stop you stealing tomatoesSmartCompany•Oct 04, 2018•Black Innovation
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