Cooler Screens takes total funding to $100 million
Cooler Screens has announced a $80 million+ Series C funding round, involving the likes of Verizon Ventures, Microsoft’s M12 venture fund, GreatPoint Ventures and Silicon Valley Bank.
The startup, which uses interactive digital displays to replace the glass doors in store cooler aisles, has now pulled in over $100 million in funding.
It installed screens in Walgreens locations in the Chicago area (where it is based) and this project has now expanded to 2,500 of the retailer’s stores across the US. Cooler Screens has also partnered with Kroger and GetGo.
“We are committed to exploring digital innovation that can delivers new and different experiences for our customers, and Cooler Screens has developed a technology that transforms how customers shop for refrigerated items in the cooler aisle,” said Richard Ashworth, President of Operations, Walgreens.
“The expansion of the pilot allows us to bring an innovative solution to our stores that brings the power of digital technology to physical retail.”