ParallelDots funding, investors and company details

ParallelDots is an emerging Information Technology - SaaS startup from New Delhi, working in the space of ParallelDots operates in the AI and computer vision SaaS industry, with a core focus on retail execution software for CPG brands and retailers.. Founded by Ankit Narayan Singh, Muktabh Mayank, Angam Parashar.

Company: ARTZEN SOFTWARE LABS PRIVATE LIMITED
Sector: Information Technology - SaaS
Location: New Delhi
Founders: Ankit Narayan Singh, Muktabh Mayank, Angam Parashar
Total funding raised: ₹34.91 Cr

Company overview

ParallelDots is a Seattle-headquartered AI and computer vision SaaS company (with development in Bengaluru, India), founded around 2015-2017, specializing in retail execution software for CPG brands and retailersParallelDots aims to create "stores of the future" by automating in-store execution through image recognition, video-AR capture, offline product detection, planogram monitoring, and POS integration, freeing CPG teams to focus on shopper engagement and sales growth.The software helps brands monitor in-store compliance and identify execution gaps. It offers image recognition for products on shelves, coolers, and end caps. The platform provides insights and recommendations to address execution issues. It integrates with existing systems to provide retail execution support.

Funding rounds

Latest round (Series A): $ 4.50 Mn (₹34.91 Cr.), 2022-05-13. Investors: Btomorrow Ventures