What does Neurolabs do?
Neurolabs offers an Image Recognition as a Service (IRaaS) platform that leverages computer vision and retail-specific AI to help field teams capture, analyze, and act on store-level data, improving on-shelf availability and boosting revenue for CPG brands.
How much did they raise?
The company secured $7.8M in Series A funding led by Nauta with participation from LAUNCHub, Lunar Ventures, and Techstart, bringing its total raised amount to over $12M.
What are their plans for the money?
Neurolabs intends to use the funds to expand its operations and accelerate development efforts, which could further enhance its market position in the retail data analytics space and drive more efficient store audits.
What have they achieved so far?
With a global team of over 25 professionals, Neurolabs has already demonstrated success by streamlining field operations and enabling real-time, accurate data analysis for the CPG industry.
