Buylo

Buylo is a Czech retail technology startup that provides a platform for checkout and inventory automation using Radio-frequency identification (RFID) and AI. Founded in 2024 by Josef Voda, who also serves as the CEO, the company is headquartered in Brno and was established within the Industrial IT Group. Voda's motivation came from a dislike for traditional self-checkouts, believing there was a simpler way for customers.

The company's core B2B offering targets medium-sized retailers who often lack the resources to develop such advanced systems in-house. Buylo's platform integrates RFID tags, sensors, AI, and self-checkout technology to automate inventory management, accelerate transactions, reduce theft, and provide data for personalized shopping experiences. The system promises benefits like a 10-second self-checkout process, real-time inventory tracking, and loss prevention through AI-enhanced monitoring. For shoppers, it offers a rapid checkout experience with Scan&Pay app functionality, while for retailers it streamlines both front-of-store and back-of-house operations.

In August 2025, Buylo secured €640,000 ($750k) in a pre-seed funding round led by Purple Ventures. This capital is intended to fuel international expansion, further product development, and grow its technical and sales teams. The company plans to introduce specialized modules for the fashion retail sector and develop more budget-friendly versions of its platform to cater to smaller businesses. Buylo has already expanded its client base beyond the Czech Republic to markets including the U.S., Romania, Hungary, and Slovakia, working with brands like Angry Beards, Numero Uno, and YOYOSO.

Keywords: RFID retail automation, inventory automation, retail technology, self-checkout system, AI in retail, loss prevention, stock tracking, data-driven retail, smart retail, checkout technology, B2B, Scan&Pay, inventory management, supply chain automation, personalized shopping, warehouse automation, asset tracking, customer behavior analysis, retail analytics, fashion retail tech