TRACXPOiNT Overview
TRACXPOiNT is a leading global provider of next-generation self-checkout grocery solutions. The companys innovative Artificial Intelligence Cart (AiC) platform provides grocery shoppers with a revolutionary personalized online shopping experience. TRACXPOiNT seeks to transform the grocery shopping experience by integrating groundbreaking AI and sensor fusion technology inside a smart AIoT shopping cart architected by legendary luxury auto designers. The companys three flagship products are the Terminal Cart Management System; the Artificial Intelligence Cart (AiC); and the AiC mobile app SDK. The TRACXPOiNT platform provides retailers with real-time analytics while also providing the opportunity for more conversions, increased revenue and efficiency, and reduced operating costs by offering customers a personalized, convenient, value-added shopping experience.
Latest News
growth-positive
Conad apuesta por DAiVi, el revolucionario carrito inteligente de Tracxpoint
Conad del Tirreno has reached an agreement with Tracxpoint to implement their smart cart solutions in all their stores until 2027. The smart carts, called DAiVi, use artificial intelligence and computer vision to automatically identify products placed or removed from the cart. The carts also have a real-time positioning system and voice navigation to help customers locate items in the store. Through a loyalty program, customers can receive personalized offers and coupons based on their shopping habits. The data collected from the smart carts can be used by retailers and suppliers to maximize sales and make data-driven decisions. The Tracxpoint ecosystem, which includes DAiVi, WAY, CHECXiN, and T-LOC, aims to enhance the customer shopping experience and provide valuable data for retailers.
CustomersPartners
Tracxpoint Takes Leadership Position in Global Smart Cart Revolution
growth-positive
Israeli startup Tracxpoint to provide AI-based shopping cart to Italian grocer Conad
Tracxpoint, a Tel Aviv-based startup specializing in self-checkout technology, will provide its AI-enabled smart shopping cart platform to Italian grocer Conad del Tirreno. The company expects to sign additional contracts in the U.S. and EU in 2019.
Customers
growth-positive
The Israeli startup that wants to make shopping carts smarter
Israeli startup Tracxpoint has developed an Artificial Intelligence Cart (AIC) for supermarkets. The AIC is a shopping cart equipped with four cameras that automatically identify and add products to the shoppers bill. It eliminates the need for checkout lines as the shopper can simply walk out of the store with everything already paid for. Tracxpoints previous innovation was a shopping cart terminal that eliminated the need for a deposit. The company plans to deploy the AICs in stores belonging to the Italian Conad del Tirreno supermarket chain in 2019. Tracxpoint is also raising its first outside capital and expects to sign contracts with three major retailers. The founders believe that while supermarkets may evolve, they will not disappear from the physical world.
CustomersPartners
| Sector | Business Software |
Funding
| Total funding | Undisclosed |
| Last funding | Undisclosed |
| Stage | Mature |
| Rounds | 0 |
| Investors | 0 |
Team Members
2
Employees: 11-50
Web & Social Links
| Website | tracxpoint.com |
| Careers | Careers page |
Locations
HaMesila Street 20, Nesher, Israel
135 San Lorenzo Avenue, Coral Gables, FL, United States
Photos & Videos
1 item(s)
TRACXPOiNT Business
Business models
B2B, B2B2C
Product stage
Released
Employees
11-50
Sector
Business SoftwareSales & Marketing Solutionse-Commerce ToolsTarget Customer
Commerce & RetailDistribution ChannelsOmni ChannelSupermarketsCore Technology
Artificial IntelligenceMachine LearningComputer VisionPlatforms & InterfacesWebTags (15)
sensorsdeep-learningrecommendationscustomer-engagementecommercemobile-applicationsretailersretailshopping-experiencein-store-digitalizationartificial-intelligencepoint-of-salecomputer-visioniotpaymentsGeographic Markets
GlobalTRACXPOiNT Financials
Undisclosed
Total funding
—
Capital raised
Undisclosed
Last funding
Mature
Funding stage
0
Total rounds
0
Investors
TRACXPOiNT Lifecycle
TRACXPOiNT News
4 articles
growth-positive
Conad apuesta por DAiVi, el revolucionario carrito inteligente de Tracxpoint
Conad del Tirreno has reached an agreement with Tracxpoint to implement their smart cart solutions in all their stores until 2027. The smart carts, called DAiVi, use artificial intelligence and computer vision to automatically identify products placed or removed from the cart. The carts also have a real-time positioning system and voice navigation to help customers locate items in the store. Through a loyalty program, customers can receive personalized offers and coupons based on their shopping habits. The data collected from the smart carts can be used by retailers and suppliers to maximize sales and make data-driven decisions. The Tracxpoint ecosystem, which includes DAiVi, WAY, CHECXiN, and T-LOC, aims to enhance the customer shopping experience and provide valuable data for retailers.
CustomersPartners
Tracxpoint Takes Leadership Position in Global Smart Cart Revolution
growth-positive
Israeli startup Tracxpoint to provide AI-based shopping cart to Italian grocer Conad
Tracxpoint, a Tel Aviv-based startup specializing in self-checkout technology, will provide its AI-enabled smart shopping cart platform to Italian grocer Conad del Tirreno. The company expects to sign additional contracts in the U.S. and EU in 2019.
Customers
growth-positive
The Israeli startup that wants to make shopping carts smarter
Israeli startup Tracxpoint has developed an Artificial Intelligence Cart (AIC) for supermarkets. The AIC is a shopping cart equipped with four cameras that automatically identify and add products to the shoppers bill. It eliminates the need for checkout lines as the shopper can simply walk out of the store with everything already paid for. Tracxpoints previous innovation was a shopping cart terminal that eliminated the need for a deposit. The company plans to deploy the AICs in stores belonging to the Italian Conad del Tirreno supermarket chain in 2019. Tracxpoint is also raising its first outside capital and expects to sign contracts with three major retailers. The founders believe that while supermarkets may evolve, they will not disappear from the physical world.
CustomersPartners
TRACXPOiNT Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 11 |
| Team members | 2 |
Similar Companies
Similar companies data is computed dynamically and not stored in the entity profile. This section requires implementing a similarity query (e.g. by classification overlap, sector, district).
This entity has 13 classification IDs that could be used for matching.
TRACXPOiNT Internal
Recent Updates
No update log entries.
Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.
Admin Info
| Confidence | 100/100 |
| Missing | funding rounds, markets |
| BI Verification | Natalia Golczar |
| Registrar ID | 513450700 |
| Crunchbase | tracxpoint |
| Phone | +97246198989 |
| Last updater | Jenny Sotnik-Talisman |
| Updater email | jenny.sotnik@sncentral.org |
| Last update | 2023-02-05T00:00:00.000Z |
| Created | 2017-08-31T00:00:00.000Z |
| Claimed | Yes |