CB4 provides brick-and-mortar retailers with a software platform that uses machine learning and advanced AI algorithms to identify high local demand for specific products in stores. When a product fails to sell to predicted demand levels, the system sends an alert to the store manager, highlighting the floor execution issue and suggesting ways to fix it. The company was founded in Israel by Professor Irad Ben-Gal, head of the AI Lab at Tel Aviv University, and Dr. Gonen Singer, GM of the Israeli branch. CB4 has offices in New York, London and Tel Aviv. It completed a $16M Series B and plans to use the funds to grow adoption, expand service offerings and broaden its client base. The platform targets operational improvements for retailers by surfacing demand mismatches and providing actionable remediation suggestions.

Total raised

$16M

Funding rounds

1

Latest round

Series B

Latest activity

Mar 2019