Company Overview
Snapshot
Founded in March 2011, Stor.ai operates with 51–200 employees and has raised $21.15 million across three funding rounds from five investors. In March 2021, the company secured a significant funding round with Meitav Dash participating.
Business overview
Stor.ai provides a technology suite designed to support food retailers in their transition to online offerings, integrating various fulfillment methods and enhancing the customer experience. Its core product integrates point-of-sale and retail catalogs into a mobile-first, custom-branded eCommerce platform. The company serves the retail industry, specifically focusing on supermarkets and online retailers, by offering a digital commerce engine combined with artificial intelligence, omni-channel marketing tools, and delivery logistics software to increase sales and customer loyalty.
Strategic signal
In February 2022, Stor.ai expanded its leadership team by hiring Charlie Ward Wright IV as President and promoting Mendel Gniwisch to CEO. This strategic move signals the company's intent to strengthen its executive capabilities and drive further growth in the competitive online grocery market, positioning it for enhanced strategic execution and market penetration.
Log in to access full profile ›Company Intelligence Q&A
- What is Stor.ai's primary focus?
- Stor.ai focuses on providing eCommerce, fulfillment, and delivery software solutions to support food retailers in their online transition, aiming to enhance customer experience and loyalty.
- When did Stor.ai raise its last disclosed funding round?
- In March 2021, Stor.ai raised $21 million in a round led by Meitav Dash, with participation from.
- What significant leadership changes occurred at Stor.ai?
- In February 2022, Stor.ai hired Charlie Ward Wright IV as President and promoted Mendel Gniwisch to CEO, expanding its leadership team.
- Has Stor.ai formed any notable partnerships recently?
- In June 2021, Stor.ai partnered with Bringg to provide end-to-end grocery delivery orchestration.
- What was a key strategic move by Stor.ai regarding its brand?
- In December 2020, Stor.ai, formerly known as Self Point, unveiled its new name and announced executive hires to usher in the next generation of grocery shopping.