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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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