AI startup for retail biometrics closes $30M series A funding round
Aisles’ AI ecosystem provides in-store mapping and product location, plus personalized shopping assistance…
Aisles, a startup that uses AI and biometrics to simplify retail shopping, has announced the successful closing of its Series A funding round.
A release from the Portland, Oregon-based company says it raised an additional $30 million in capital, which it plans to use to refine its tech, explore new products and strengthen its market presence domestically and internationally in the biometrics-enabled shopping sector.
The appeal of Aisles will be evident to anyone who has ever navigated a massive Home Depot or Wal-Mart outlet in search of a single item.
Aisles’ AI ecosystem provides in-store mapping and product location, plus personalised shopping assistance via smart shopping carts and real-time alerts on product recalls.
Says CEO Ignacio Rosales, “All shoppers have to do is create their shopping list, and the Aisles’ cart will guide them through the store. Moreover, with self-checkout, Aisles has created a weight and sensor measurement system inside the cart that lets customers know their total before checking out.”
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