Agoracom Blog

VIDEO – VSBLTY Groupe Technologies $VSBY $VSBGF Rides “Deployment Momentum” to Strong Q2, w/ 165% Growth & $4.1m in New Sales $AT $MARK

Posted by AGORACOM at 10:24 AM on Thursday, August 26th, 2021
VSBLTY

VSBLTY Groupe Technologies (CSE:VSBY / OTC:VSBGF) is a disruptive computer vision software company that is using A.I. and Machine Learning to transform the retail and security industries.

  • $VSBY Teaches Computers How to Interpret Surroundings. For example, detecting anomalies better than any human ever can
  • $VSBY Then Delivers the Context of Their Surroundings via Alerts, so that humans can make decisions and act on then faster than ever possible
  • $VSBY technology serves the dual function of both monitoring (i.e. a stadium, a store) and marketing (serving ads based on real-time demographics)

In March, the company signed a major deal with Grupo Modelo (part of the AB InBev family of companies) and Retailigent to jointly create an international digital in-store media network.

And in June, VSBLTY raised $9.78 million in funding, putting the company on a path to profitability.

Now, VSBLTY CEO Jay Hutton has provided a corporate update, detailing that:

  • Q2 yielded strong billings growth, at 165% over Q1
  • A total of $4.1 million USD in new contracts
  • And accelerated growth, as the company gains “deployment momentum.”

We sat down with the chief executive, for a deeper dive into the state of play…

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