EVERYANGLE - transforming complex visual data into actionable insights

by Startacus Admin

Dublin-based startup EVERYANGLE is on a mission to help businesses improve efficiency, optimize operations and reduce loss with their innovative computer vision solutions.

There are over 1 billion surveillance cameras installed worldwide. We’re used to being watched by them at all times while we walk around streets and shops. But unless something happens that requires further investigation, the footage recorded by these cameras is never seen. This might be good news for people worried about living in a surveillance state, but perhaps there's a less sinister opportunity that’s being missed.

Dublin-based computer vision startup EVERYANGLE thinks so. The startup wants to not only help make your business safer by identifying theft by customers and staff, and keeping track of things like the number of people inside a building in case of fire, etc., but to also transform what the cameras are seeing into actionable data. We have written in the past about startups that help shop owners, for example, to understand how their customers move around their shop, so that they can arrange it in a way that doesn’t leave some corners without foot traffic, and generally keep their competitive edge over online shops.

The EVERYANGLE platform can also track stock, identify physical obstructions in shop isles, recognise suspicious persons (and keep them out of a building, if connected to a smart lock), and it can even help you to better utilise your stockroom space. With the dashboard, you can easily track KPIs, compare benchmarks, check conversion rates, see high-traffic times and patterns, and access reports. The startup says that with this understanding of your environment, you’ll be able to reduce loss, improve efficiency, optimise staff costs, and make informed business decisions.

One of the biggest use cases for the platform when they launched during COVID was helping to ensure that the right number of people were entering and exiting premises during restrictions. Had these restrictions continued, the platform would have been capable of helping businesses stay compliant, as well as detecting customers not wearing masks, and potentially saving thousands on labour costs through reducing the need for staff on every door. Now, EVERYANGLE can still help with compliance when it comes to things like fire safety, as mentioned above. 

In October, EVERYANGLE announced that they had raised €2.7 million in a funding round co-led by Sure Valley Ventures, Act Venture Capital, and Furthr VC, with further participation from Enterprise Ireland. This funding will go towards increasing team size, accelerating sales, furthering product development, and expanding further in the US and UK.

 

 

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Published on: 9th December 2022