
Intuitive
Vending machine of the future powered by computer vision and artificial intelligence technology.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
investor | €0.0 | round | |
* | $7.8m | Seed | |
Total Funding | 000k |
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 92 % | 26 % |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Intuitivo, founded in 2019, is a technology firm focused on redefining the retail experience through artificial intelligence and computer vision. The company was established by a team of serial entrepreneurs: Tomás Manzitti, who serves as CEO, Nicolás Parziale, the Chief Product Officer, and Jose Benítez Genes, the AI Director. Manzitti previously co-founded the online food delivery service Sinimanes, which was later acquired by Delivery Hero. Parziale has a diverse background as a developer and founder of companies like HoyPido and Newen Games. Benítez Genes, an electrical engineer and MIT Innovator under 35, brings deep technical expertise from his prior work in digital manufacturing and IoT solutions.
Intuitivo's core business revolves around transforming standard coolers and cabinets into smart, autonomous points of purchase (A-POPs). This is achieved by retrofitting them with a proprietary system of cameras and an electronic lock, powered by the Intuitivo OS. The business model is designed for a B2B2C market, serving major clients like Arca Continental, AB-InBev, Nespresso, and even providing solutions for Tesla's employee facilities. These clients can then offer a frictionless shopping experience to their end-customers in diverse locations such as college campuses, sports venues, industrial facilities, and offices.
The customer journey is straightforward: a user scans a QR code to unlock the A-POP, selects their desired items, and walks away. The company's 'Second Sight AI' technology, which uses computer vision trained on millions of interactions, automatically identifies the chosen products with 99% accuracy and processes the payment through a pre-selected digital wallet. This 'grab-and-go' system eliminates the need for checkouts, product scanning, or human oversight, effectively reducing shrinkage to zero and reportedly tripling revenue compared to traditional vending machines. Intuitivo's platform is built to be scalable, allowing for the rapid deployment of thousands of A-POPs that can be managed through a centralized dashboard, the 'Insight Board', which provides real-time data on sales, customer behavior, and inventory.
Keywords: autonomous retail, computer vision shopping, grab-and-go technology, smart coolers, AI-powered vending, frictionless checkout, unattended retail, retail technology, Autonomous Points of Purchase (A-POPs), retail innovation, smart vending, inventory management AI, checkout-free stores, AI retail solutions, digital payments, IoT retail, MLOps, retail analytics, B2B2C platforms, Second Sight AI