AI/ Computer Vision startup Intuitivo recently announced its $7.8M seed round led by Meli Fund, the CVC of tech giant Mercado Libre, and other investors such as Yavu Ventures, Sebastián Serrano, founder of Latam crypto exchange Ripio, Patricio Jutard, founder of Mural, and Cesar Melo, former president at Pepsico & Mondelez.
The Argentina-based startup is decentralizing retail with computer vision technology while creating a one-on-one shopping experience. Intuitivo transforms any type of cooler or cabinet into a smart Grab&Go with computer vision technology.
…Retailers and brands can sell their products where the customer is, they go to the customers instead of the customers going to a store.”
Tomas Manzitti, COO of Intuitivo
Intuitivo’s software is built with state of the art computer vision algorithms to accurately process consumer transactions. With over 250 grab and go’s installed, Intuitivo has the highest autonomous point of sales rollout with a pure AI/Computer Vision play in the industry. Among their clients are Arca Continental, AB-InBev, Nespresso and other key players in retail. They plan to install 10.000 grab & go locations in the next 18 months.
Based in Argentina, Intuitivo was founded in late 2019 by Tomas Manzitti, Jose Benitez Genes and Nicolas Parziale. To date, Intuitivo has operations in the United States, Argentina, Brazil, and Peru.