What is Grabango's business focus and history?
Grabango was a privately held company based in Berkeley, California, founded in 2016 by Will Glaser. It provided checkout-free technology for large-scale grocery and convenience store chains, utilizing computer vision and machine learning to streamline the shopping experience. Despite raising $39 million in Series B funding in June 2021, the company ceased operations in October 2024 due to an inability to secure further funding. Grabango's technology was implemented in partnerships with retailers such as ALDI, Circle K, and 7-Eleven.
Grabango Corporate Details & Core Services
Grabango was a provider of checkout-free technology for large-scale grocery and convenience store chains, utilizing computer vision and machine learning to streamline the shopping experience.
Grabango Contact Information & Official Links
What are Grabango's Key Business Metrics & Stats?
No of employees
Founded year
2016
Type
private
Industry
Retail Technology
Location
Berkeley, California, United States
Grabango
Firmographic Snapshot
2026
2016
Founded Year
Global Employees
United States
Headquarters
Retail Technology
Industry
Private
Type
Verified by
DexterAgent.ai
How much funding has Grabango raised to date?
Name
Description
Funding Amount
USD 39 Million
Stage
Series B
Latest Valuation
100 Million (USD)
Lead Investor
Commerce Ventures
Investors
Commerce Ventures, Founders Fund, Unilever Ventures, Honeywell Ventures, WIND Ventures
What are Grabango's Core Products?
Name
Description
Checkout-Free Technology
A system that allows shoppers to select items and leave the store without traditional checkout, using computer vision to track purchases.
What are the latest developments at Grabango?
Date
Type
Description
October, 2024
closure
Grabango ceased operations due to inability to secure necessary funding.
What industry awards and recognitions has Grabango received?
Date
Type
Description
November, 2021
technology
Fast Company's Next Big Things in Tech Award
Grabango VS AiFi VS Trigo : 2026 Comparison
Feature
Grabango
AiFi
Trigo
Core Strengths
Checkout-Free Technology
AiFi Refresh, AiFi Build, AiFi To-Go
StoreOS™, EasyOut™, EasyStock
Founded Year
2016
2016
2018
Stock Name/Ticker
Type
private
private
private
Global Employees
140
221
Revenue (Annual)
Headquarters
Berkeley, California, United States
Santa Clara, California, United States
Tel Aviv, Israel
Latest Valuation
$100 Million
$0
$0
What are Grabango's official legal and registration details?
Name
Description
Legal Name
Grabango Co.
Cin number
GST number
Registration number
Who is in Grabango's executive leadership team?
Name
Designation
CEO
Will Glaser
Chief Financial Officer
John Hyun
Where are Grabango's primary office locations?
City
Country
Berkeley
United States
What are the current business signals and market intelligence for Grabango?
Pain points
long checkout lines, inventory management
Sales motion
B2B
Buyer Persona
retail chain decision-makers
Type of customer
grocery stores, convenience stores
Key customer domain
aldi.us, circlek.com, 7-eleven.com
What are Grabango's risk management and compliance ratings?
GDPR RIsk
No
Privacy Risk
No
Company Ratings
Glassdoor Rating
Saas
No
Offline Stores
No
Service
Yes
Ecommerce
No
Exporter
No
Mobile App
Yes
Retail
No
B2B
Yes
B2C
No
Manufacturing
No
Wholesale
No
Importer
No