Accel Robotics builds camera-based AI and computer vision systems that enable checkout-free, grab-and-go shopping experiences where shoppers pick items and leave, receiving a receipt via text or app notification. The platform delivers live inventory, shopper analytics, and frictionless commerce capabilities to retailers and brands, allowing faster throughput and elimination of checkout lines. Deployments are already underway with grocery, convenience, quick service restaurant, and drugstore chains in North America and Japan. The company plans to use Series A proceeds to accelerate global expansion by growing operations, increasing manufacturing capacity and streamlining its deployment pipeline. The Series A adds $30 million to the company's prior $7 million in funding, bringing total capital raised to $37 million. Accel Robotics was founded in 2015 and was incubated with RevTech Ventures and EvoNexus.

Total raised

$30M

Funding rounds

1

Latest round

Series A

Latest activity

Dec 2019