Auror has successfully closed a $20 million round to further its mission of creating safer communities worldwide. The platform is currently used by thousands of retail stores and over 500 law enforcement agencies worldwide, with more than 100,000 crime events recorded by Auror’s retailers every month.
“Shoplifting and other retail crimes are at an all-time high and have been magnified by the impact of COVID over the last 18 months,” said Auror Co-CEO Phil Thomson. “The impact of retail crime is financially massive, but more importantly it hurts retail workers and the communities they serve. The crime intelligence platform we’re building is needed now more than ever to help retailers prevent further loss and harm.”
The investment was led by venture capital firm Movac, and Movac Partner Lovina McMurchy is joining Auror’s Board.
“Auror has the trifecta we always look for—great team, great product, great customers,” McMurchy said. “Their metrics are also globally best-in-class. We’re excited to be on the journey to help prevent more crime and keep our communities safe.”