Stor.ai, (formerly Self Point) has raised $21 million in an extended Series A round led by Meitav Dash and Mizrahi Tefahot, and supported by existing investor Kli Capital and individual investors including Mayer Gniwisch, the company announced Tuesday.
Follow Israel Hayom on Facebook and Twitter
Stor.ai provides all grocers, from smaller local retailers to national chains, with the tools to build and manage their own catalogue of inventory and leverage advanced fulfilment methods to propel online business and meet growing consumer needs.
The latest funding will accelerate stor.ai's go-to-market of new in-store shopping technology. These new AI-based tools will complement stor.ai's existing flagship offerings, which include an eCommerce solution integrated with grocers' POS systems, and stor.ai's Picker-App, which customizes and maps in-store grocery fulfillment.
