What is ThirdEye Labs's business focus and history?
ThirdEye Labs is a private company based in London, United Kingdom, founded in 2016 by Razwan Ghafoor. It specializes in developing advanced computer vision solutions for the retail industry, integrating with existing CCTV systems to enhance in-store efficiency. The company has raised a total of $3.6 million in funding over two rounds, with investors including True., Octopus Ventures, and Episode 1. In November 2021, ThirdEye Labs was acquired by Standard AI.
ThirdEye Labs Corporate Details & Core Services
ThirdEye Labs is a London-based computer vision company founded in 2016, specializing in developing advanced machine learning algorithms to analyze human behavior through existing CCTV systems, primarily for the retail sector. Their technology aims to enhance in-store efficiency by detecting events such as potential shoplifting, queue formation, and shelf stockouts, providing real-time alerts to store staff and actionable insights to management.
ThirdEye Labs Contact Information & Official Links
What are ThirdEye Labs's Key Business Metrics & Stats?
No of employees
11
Founded year
2016
Type
private
SAICS CODE
7371
NAICS Code
541511
Industry
Software Development
Location
London, England, United Kingdom
Parent Company
standard.ai
How much funding has ThirdEye Labs raised to date?
Name
Description
Funding Amount
USD 2.7 Million
Stage
Series A
Latest Valuation
0 (USD)
Lead Investor
True.
Investors
True., Octopus Ventures, Episode 1
What are ThirdEye Labs's Core Products?
Name
Description
ThirdEye Retail Analytics
A computer vision platform that integrates with existing CCTV systems to provide real-time insights into customer behavior, detect potential shoplifting, and optimize store operations.
What are the latest developments at ThirdEye Labs?
Date
Type
Description
November, 2021
Acquisition
ThirdEye Labs was acquired by Standard AI in November 2021.
ThirdEye Labs VS INEO Solutions Inc. VS Focal Systems VS RetailNext : 2026 Comparison
