StopLift

United States
Primghar, Iowa, United States, 02138

Company profile

StopLift company profile

StopLift Checkout Vision Systems has developed software-based checkout vision systems which automatically analyze regular CCTV video from existing cameras to detect various forms of theft, training error, and operational analytics at the checkout. A pioneer in the field of checkout vision systems, StopLift has developed the first ever system capable of successfully detecting “sweethearting” between cashiers and customers (U.S. Patents 7,516,888 & 7,631,808). Rather than take a one-size-fits-all approach, StopLift has developed targeted applications to address the specific needs of retailers from different sectors, including general merchandise, grocery, and specialty retail. StopLift grew out of a Harvard Business School field study on Retail Loss Prevention entitled “Project StopLift”. One of the study’s major findings was that, while CCTV is the most widespread of all loss prevention technologies, it is often the most underutilized--it is just too expensive and time-consuming for humans to monitor or review video comprehensively. With engineering talent and computer vision research insights from MIT, the Project StopLift team realized that video recognition could be used to automate and, thus, make possible the comprehensive examination of surveillance video.

Business identity

Contact email
[email protected]
Phone number
(866) 426-2479
Operating status
Active
Company type
For Profit
Employee range
51-100 employees
Revenue range
$1M-$10M
Founded
2003-01-01, Year

Headquarters

Postal code
02138
Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding stage
M And A
Founders
1
Articles
4
Exited on
2018-11-06

Founders and investors

Founders

Malay Kundu