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Edgify - About the company

Edgify is a seed company based in United Kingdom, founded in 2014 by Nadav Tal Israel and Ofri Ben-Porat. It operates as a Developer of AI retail solutions for loss prevention and process improvement. Edgify has raised $17.9M in funding from investors like Octopus Ventures, Telefonica and Collider, with a current valuation of £*****. The company has 103 active competitors, including 27 funded and 7 that have exited. Its top competitors include companies like Trigo, AiFi and Caper.

Company Details

Developer of AI retail solutions for loss prevention and process improvement. The system integrates with existing hardware and software to identify unscanned items. It detects barcode switching and non-scans at checkout. The AI also recognizes barcodeless items to streamline self-checkout processes. The system aims to improve operational efficiency and customer satisfaction in retail environments.
Social
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Email ID
*****@edgify.com
Phone Number
+44 **********
Registered Address
12 The Polygon, Flat 1, London, United Kingdom
Key Metrics
Founded Year
2014
Stage
Seed
Total Funding
$17.9M in 4 rounds
Latest Funding Round
Post Money Valuation
£***** as on Oct 22, 2020
Ranked
Employee Count
41 as on Jun 30, 2026
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Edgify's funding and investors

Edgify has raised a total funding of $17.9M over 4 rounds. Its first funding round was on Sep 28, 2016. Its latest funding round was a Seed round on Oct 12, 2020 for $*****. 2 investors participated in its latest round. Edgify has 11 institutional investors.

Here is the list of recent funding rounds of Edgify:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 12, 2020
7843946
Seed
6105790
1266535
5130709
7352332
May 28, 2018
2124510
Seed
8918253
2280190
5620380
7337099
Jul 12, 2017
9019252
Seed
6939258
9979451
9098222
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Edgify's founders and board of directors

Founder? Claim Profile
The founders of Edgify are Nadav Tal Israel and Ofri Ben-Porat. Nadav Tal Israel is the CEO of Edgify.
Here are the details of Edgify's key team members:

Edgify's employee count trend

Edgify has 41 employees as of Jun 26. Here is Edgify's employee count trend over the years:
Employee count trend for Edgify
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Edgify's Competitors and alternates

Top competitors of Edgify include Trigo, AiFi and Caper. Here is the list of Top 10 competitors of Edgify, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Trigo
Trigo
2018, Tel Aviv (Israel), Series C
Provider of computer vision AI solutions for retail stores
$199M
66/100
2nd
Logo for AiFi
AiFi
2016, San Francisco (United States), Series B
Provider of spatial intelligence and real-time insights
$90.7M
65/100
3rd
Logo for Caper
Caper
2015, Brooklyn (United States), Acquired
Provider of AI-powered shopping carts and related retail technology solutions
$12.7M
63/100
4th
Logo for AWM
AWM
2016, Aliso Viejo (United States), Series A
Provider of AI-based business automation solution for retail businesses
$45.1M
62/100
5th
Logo for Focal systems
Focal systems
2015, Menlo Park (United States), Series B
AI-based suite solution for offline businesses
$28.4M
61/100
6th
Logo for Standard
Standard
2017, San Francisco (United States), Series C
Platform offering AI-enabled automated checkout software solutions for offline retailers
$236M
60/100
7th
Logo for Zippin
Zippin
2018, San Francisco (United States), Series B
Provider of an AI platform for checkout-free shopping experiences in stores
$45M
59/100
8th
Logo for Edge Impulse
Edge Impulse
2019, San Jose (United States), Acquired
Platform offering AI-powered chat automation and intelligent business solutions
$52.8M
53/100
9th
Logo for Sensei
Sensei
2017, Lisbon (Portugal), Series A
Provider of AI-based autonomous store solutions for offline retail stores
$23.3M
52/100
10th
Logo for Accel Robotics
Accel Robotics
2015, San Diego (United States), Series A
Provider of AI-based automated checkout solutions for offline retailers
$35M
51/100
12th
Developer of AI retail solutions for loss prevention and process improvement
$17.9M
47/100
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Edgify's Investments and acquisitions

Edgify has made no investments or acquisitions yet.

Reports related to Edgify

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News related to Edgify

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