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Alocalo
Alocalo provides end consumers with a system that suggests nearby retailers to them when searching for a more popular online retailer. It develops a search algorithm that can recognize the product…
Alocalo
Alocalo provides end consumers with a system that suggests nearby retailers to them when searching for a more popular online retailer. It develops a search algorithm that can recognize the product…
TL;DR
What they do: AI-driven search algorithm that suggests nearby brick-and-mortar retailers as alternatives to products searched on large online retailers
Headquarters: Friedrichsthal, Saarland, Germany
Funding signal: Received grant funding from the European Innovation Council
Product benefit: Provides store name, location, contact info and distance; proposes replacements in under a second
Company Overview
Problem Domain
Local commerce / retail technology; helping brick-and-mortar retailers compete with large online marketplaces
Industry
Retail technology
Funding Track Record
2440000.00
Recorded funding event appears to be grant-style funding from the European Innovation Council
Investor Signal
“European Innovation Council”
Founders
What we do
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Startup jobs. A lot of them.
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