Cust2Mate Overview
Cust2Mate offers a customized grocery-shopping experience by combining shopping list data with a smart shopping cart. The combination of data enables the company's machine-vision technology to learn and predict the likely outcome of sales, coupons, and special offers targeted to the individual store or consumer. Cust2Mate intends to work with point-of-sale vendors by integrating shopping carts with an in-store navigational system to speed up shopping trips. Customers simply input their shopping list into the mobile app, and the smart cart will guide them through the store.
Latest News
growth-positive
Cust2Mate's new deal to bring 20,000 Israeli smart carts to Asia
Israeli smart shopping cart developer, Cust2mate, is set to expand into Southeast Asia, specifically Malaysia and Thailand. The company plans to introduce approximately 20,000 smart carts into leading retail chains across the region by 2025. The smart carts, which use artificial intelligence and advanced technologies, offer features such as decision-making support, access to shopping lists and messages, diverse payment methods, and a large screen for targeted advertising. The expansion is facilitated by a strategic partnership with HEX 1011, a leading integrator of technological solutions for retail chains.
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growth-positive
A2Z Smart Technologies agrees Cust2mate smart cart partnership with Lenovo Group - Retail Technology Innovation Hub
A2Z Smart Technologies Corp. announced a pilot programme for its Cust2Mate smart carts with Thailand’s The Mall Group. The integration with the Fujitsu PoS system will be run in five stores, allowing shoppers to skip lines and enabling retail grocers to direct shoppers to discounted products. The company aims to expand into new markets worldwide and has existing integrations with NCR and Toshiba PoS systems. The partnership with Lenovo for the Cust2Mate platform is seen as a key factor in the companys growth.
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growth-positive
Israel's Yochananof, HaStock boost investment in smart carts
Israeli retailer Yochananof plans to expand its deployment of Cust2mates smart carts by purchasing up to 1,700 additional carts. This move demonstrates increased confidence in implementing smart cart technology and shows that Israeli retailers are embracing technological innovation to improve the shopping experience. The smart carts allow customers to shop without waiting in line and come equipped with advanced features. Yochananofs decision to expand its deployment is a testament to customer satisfaction and the desire to gather valuable data on customer behavior. HaStock, another Israeli retailer, has also ordered 1,000 smart shopping carts from Cust2mate, indicating growing interest in the technology. The adoption of smart cart technology by Israeli retailers signals a shift towards a more advanced and convenient shopping experience.
CustomersExpand
growth-positive
HaStok chain to install Cust2Mate smart shopping carts
A2Z Smart Technologies Corp. has signed an agreement with HaStok Concept Ltd. to provide its smart shopping carts for use in HaStoks 40 stores in Israel. The agreement involves an investment of NIS 30 million and includes the purchase of 1,000 smart carts. The carts use advanced data services to recognize and calculate the total cost of purchases in real-time. A2Z Smart Technologies Corp. plans to continue expanding in Israel and globally, creating a range of carts for different retail chains. HaStok expects the smart carts to enhance the shopping experience for customers and reduce operating costs. The partnership with HaStok is part of A2Z Smart Technologies Corp.s growth strategy.
PartnersInvestment
growth-positive
Israeli startup inks NIS 30m deal to deploy smart carts at local home design stores
Israeli startup A2Z Smart Technologies has signed a deal with Hastok home design and household concept stores to roll out 1,000 of its smart pick-and-go, self-checkout shopping carts across the country. The deal, valued at NIS 30 million ($8.3 million), includes an upfront order payment, a guaranteed monthly payment, and a revenue share agreement. The smart shopping platform developed by A2Z’s subsidiary Cust2Mate is based on a computer-vision system technology that automatically scans selected products as customers place them into the cart. The smart cart also has a payment system for shoppers to skip the checkout line.
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| Sector | Business Software |
Funding
| Total funding | Undisclosed |
| Last funding | Undisclosed |
| Stage | Acquired |
| Rounds | 0 |
| Investors | 0 |
Team Members
3
Employees: 11-50
Web & Social Links
| Website | cust2mate.com/ |
Locations
Yigal Alon St 94, Tel Aviv-Yafo, 6789155, Israel
Photos & Videos
2 item(s)
