Kende Retail Operation
Providing smart store solutions with AI technology to the world retail industry.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $2.7m | Seed | |
| Total Funding | 000k | ||
| HUF | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | - | (3 %) |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| % profit margin | - | (361 %) | (235 %) |
| 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: Company filings or news article
Related Content
Kende Retail Operation, founded in 2021, provides smart store solutions to the retail industry through its proprietary AI technology. The company's system, which is based on computer vision and machine learning, enables unmanned and checkout-free purchases at any time of day. This allows customers to pay with a credit card without the need for a separate application or pre-authorization.
The company opened its first checkout-free café in Budapest in 2021 and has since entered into a partnership with Coca-Cola HBC Hungary to develop a new business line. Kende Retail Operation's business model is centered on providing its technology to retail businesses, allowing them to automate their operations and reduce staffing costs.
Keywords: retail technology, artificial intelligence, computer vision, machine learning, smart stores, checkout-free, unmanned retail, automated retail, point of sale, retail automation