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ParallelDots
ParallelDots is an artificial intelligence and computer vision SaaS platform founded in 2017, headquartered in Seattle, Washington, with development centers in Gurugram, India, and an office in Prague, Czech Republic. The company specializes in image recognition solutions designed to help global consumer packaged goods (CPG) brands and retailers enhance shelf performance in physical stores. The company offers a range of AI-driven products, including ShelfWatch, which provides real-time insights on product availability and placement, and Karna.ai, which analyzes competitor shelf space and promotional offers. ParallelDots also provides deep learning APIs for text analytics and computer vision, as well as mobile and web integration for instant insight reports. Their technology aims to streamline store audits and improve data accuracy, serving B2B clients such as CPG manufacturers, retailers, market research agencies, and developers looking to integrate AI capabilities into their applications.
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$39M