CB4 Analytics Overview
CB4 Analytics provides powerful and precise predictive analytics solutions to yield data for predictions, recommendations, and insights that can be understood and acted upon by decision makers. The companys solutions assess granular entities relevant to thorough data-based predictions, such as customers, products, services, and devices. By applying patented machine learning algorithms to pre-existing POS data, CB4s solution helps capture lost sales by correcting operational inefficiencies and finding optimal assortment expansions on an SKU and store level. CB4 Analytics is an offshoot of an extensive research project at Tel Aviv University. Over the years, the companys technology has garnered industry recognition that includes IBM SmartCamp in 2011, the Dealmakers Summit in 2012, and Nokias Most Promising Startup in 2013 award.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
Gap acquires Israeli retail analytics co CB4
US clothing and accessories retailer Gap Inc. has acquired Israeli retail analytics company CB4. The financial details of the acquisition were not disclosed. CB4 develops AI and machine learning solutions that improve the shopping experience for store teams and customers. CB4 has raised $22 million in funding from investors including Sequoia Capital, Pereg Ventures, Sonae IM, and Octopus Ventures. Gap Inc. believes that AI and machine learning will shape the future of the industry and sees the potential of CB4s technology to enhance sales, inventory management, and consumer insights. As part of the acquisition, CB4s team will join Gap Inc. as full-time employees.
Acquisition
growth-positive
Blain's Farm & Fleet Partners with CB4 to Uncover Sales Opportunities in Stores
Blains Farm & Fleet, a Midwest retail company, has partnered with CB4, a technology firm, to improve sales and customer experience. CB4 uses powerful algorithms to identify item-specific sales opportunities at the store level, helping store teams make simple in-store adjustments to boost sales. The partnership has resulted in time savings for Blains store teams and a positive impact on sales. CB4 has been adopted by leading retailers and has seen significant growth in the number of stores using its technology. Blains Farm & Fleet is known for its wide range of products and commitment to serving hard-working communities.
Customers
growth-positive
CB4 Announces Partnership with Spanish Supermarket Giant Eroski to Streamline Operational Execution
CB4 and Eroski have announced a partnership to improve store execution and customer experience during Covid-19 and beyond. Eroski, a leading supermarket chain in Spain, aims to ensure products are available and buyable for customers during the pandemic. CB4 helps Eroski store managers identify issues that prevent shoppers from buying high-demand products and provides quick in-store fixes to boost sales. The partnership with Eroski is part of CB4s growth strategy, as they have recently partnered with other food retailers as well. The technology provider is growing based on its ease of adoption, clear ROI, and use of near-real-time selling data. The partnership is expected to help grocers work smarter and more efficiently for their customers.
Customers
growth-positive
CB4 Partners with Kum & Go to Drive In-store Experience and Floor Execution
Des Moines-based retailer Kum & Go has partnered with CB4 to identify sales opportunities and improve operational execution. The retailer has grown into an industry giant with 400 stores in 11 states by focusing on making every trip to the store easier for customers. Retailers are equipping store associates with AI-powered tools like CB4 to offer a more convenient and easy experience than their competitors. CB4 helps convenience store managers find opportunities to boost sales by making simple in-store adjustments. CB4s technology has been adopted by leading brick and mortar retailers, and the company is a proud partner of Sequoia Capital.
CustomersPartners
growth-positive
CB4 is Honored in Built In NYC's Prestigious Best Places to Work List in 2020
CB4 has been included on Built In NYCs list of Best Places to Work in 2020. The company is honored to be recognized and attributes its success to its employees excellence in working with customers and kindness towards each other. CB4 uses AI software to analyze POS data and resolve physical issues in brick-and-mortar stores. Built In helps tech professionals stay updated on tech news, expand their networks, and find opportunities at companies they believe in. The list of Best Places to Work is determined algorithmically based on compensation data and employer benefits.
Customers
| Sector | Business Software |
Funding
| Total funding | $22M |
| Last funding | $16M |
| Stage | Acquired |
| Rounds | 3 |
| Investors | 6 |
Team Members
2
Employees: 11-50
Web & Social Links
| Website | cb4.com/ |
| Careers | Careers page |
Locations
Arieh Shenkar St 1, Herzliya, Israel
131 Finsbury Pavement, London, UK
311 W 43rd St, New York, NY, USA
Photos & Videos
2 item(s)
