Anavid
Category: Computer Vision
Anavid provides AI-powered video analytics solutions for retailers to reduce theft and optimize store performance. Anavid was founded in 2018. The company is led by Ahmed Chaari. Based in Paris, France (headquarters); Sfax, Tunisia; Stockholm, Sweden. Team size: 10-20. Total funding raised: Undisclosed. Latest round: Venture Round. Key investors include Madica, GO BIG Partners, Dido Capital, Launch Africa Ventures.
- Founded
- 2018
- Headquarters
- Paris, France (headquarters); Sfax, Tunisia; Stockholm, Sweden
- Team size
- 10-20
- Total funding
- Undisclosed
Value proposition
To help retailers lose less and sell more by reducing shoplifting and providing data-driven insights to improve customer experience and conversion rates.
Products and solutions
Shoplifting Detection, ShopAnalytics
Unique value
Real-time analysis of video streams to detect suspicious behavior and provide actionable insights for retailers, inspired by e-commerce analytics tools.
Target customer
Retailers and physical stores.
Industries served
Retail
Technology advantage
Proprietary AI algorithms and convolutional neural networks that analyze in-store customer behavior and detect theft in real-time, with the ability to integrate with existing CCTV systems.
How they differentiate
Anavid differentiates itself by offering a dual-solution platform that utilizes existing video surveillance cameras. It combines real-time shoplifting detection through gesture analysis ('The Shoplifting Detector') with in-depth customer behavior analysis and profiling ('ShopAnalytics'). This allows retailers to not only reduce theft but also optimize customer experience and sales.
Main competitors
Veesion, Everseen, ThirdEye
Key partnerships
Madica, GO BIG Partners, Dido Capital, Dahua (DSS integration)
Notable customers
Carrefour, Casino, Monoprix, Mabrouk, Parad'ice
Major milestones
Founded in 2018., Secured pre-seed funding from Madica to support expansion., Developed two main products: 'The Shoplifting Detector' and 'ShopAnalytics'., Established partnerships with major European retailers., Deployed in Monoprix stores.
Growth metrics
Not publicly available.
Market positioning
Anavid is positioned as a computer-vision deeptech company providing a comprehensive retail intelligence solution. It targets brick-and-mortar stores, aiming to increase their profitability by simultaneously tackling loss prevention and providing business intelligence to boost sales.
Geographic focus
Based in Sfax, Tunisia and Paris, France, Anavid's primary focus is on the European and North African markets. With investment from Madica, the company is expanding its presence in the African AI startup ecosystem.
Patents and IP
Not publicly available
About Ahmed Chaari
Co-founder and CEO with a background in AI, computer vision, and telecommunications. Holds a PhD in Signal Processing and Telecommunications and has previous experience as a research engineer and project manager, focusing on deep learning and video analysis.
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Official website: https://www.anavid.ai/