Wasteless
AI-based Pricing Engines for Supermarkets
Startup Seed Business Software Est. 2016
🌐 WebsiteLinkedInTwitterCareers
Total Raised
$6.15M
Seed
Last Round
$400K
8 rounds
Investors
6
6 public
Team
4
11-50 employees
Confidence
101/100
News
20
articles
About
Wasteless allows supermarkets to price products based on expiration dates with the aim of providing a sustainable shopping experience with less waste, while increasing margins and revenues. The company's proprietary AI solution tracks product rotation and waste risk to deliver an optimal markdown in case it's needed. Customers can then choose different expiration dates with different discounts, making sustainable shopping options while saving money.
Classification
Sector
Climate TechCarbon TechCarbon Analytics, Earth Data & FintechClean Industry Tech Sustainable Materials & CircularityBusiness SoftwareSales & Marketing Solutionse-Commerce Tools
Core Technology
Artificial Intelligence
Target Customer
Commerce & RetailDistribution ChannelsSupermarketseCommerce Platforms
Business Model
B2B
Tags
climate-techsupply-chainlogisticsfoodtechrfidpricingretailerssaaswaste-techsupermarketsartificial-intelligence
Funding & Events
Mar 2020
Non-equity $700K
Mar 2019
Seed $1.25M
ZORA Ventures
Mar 2018
Non-equity $550K
,
Jun 2018
Seed $1.85M
Slingshot Ventures (Lead)
Feb 2022
Non-equity $400K
Dec 2020
Debt Financing $2.75M
Dec 2019
Seed $1M
Apr 2017
Pre-Seed $400K
Jonathan Ofir, FOOD-X, Food Angels, SOSV
News (20)
Dec 13, 2022 · www.timesofisrael.com
growth-positive
Dutch retail chain buys Israeli software linking food prices to expiration dates
CustomersPartners
May 23, 2022 · www.infobae.com
growth-positive
La app israelí que hará que los precios en el supermercado cambien según la fecha de vencimiento
Customers
May 23, 2022 · tmgonlinemedia.nl
Neutral
Cookieverklaring
Customers
May 23, 2022 · www.nasdaq.com
On Food Waste: Smart Discounts on a Deadline
May 23, 2022 · www.weforum.org
Waste less, sell more - how one startup is using AI to transform food retail
May 23, 2022 · thespoon.tech
growth-positive
Wasteless Grabs $2 Million, Dynamic Food Pricing Algorithm Combats Food Waste
PartnersExpand
May 23, 2022 · www.emerce.nl
growth-positive
CC4Skype presenteert nieuwe contact center functionaliteiten en connectiviteit met Microsoft CloudPBX™ - Emerce
Partners
May 23, 2022 · markets.businessinsider.com
growth-positive
FoodBytes! NYC Winning Food Tech Startups Tackle Food Waste and Milk Quality
PartnersCustomers
May 23, 2022 · af.reuters.com
N/A
Reuters Breaking International News & Views
May 23, 2022 · www.corriere.it
growth-positive
A Milano nasce il primo FoodTech Accelerator globale; scelte sette start up
InvestmentPartners
May 23, 2022 · agfundernews.com
growth-positive
Wasteless Raises $2m Series A for In-Store Retail Tech Reducing Food Waste - AFN
InvestmentExpand
May 23, 2022 · www.fastcompany.com
These electronic price tags lower the cost of groceries as they get older
May 23, 2022 · www.youtube.com
BBC Radio 4: Wasteless wins Positive Idea 2020
May 23, 2022 · www.engadget.com
growth-positive
Grocery stores in Poland will trial an AI pricing system for reducing food waste Engadget
CustomersPartners
May 23, 2022 · privacy.vakmedianet.nl
Distrifood
Jul 14, 2021 · www.israel21c.org
growth-positive
Cutting food waste with dynamic supermarket pricing
Customers
May 5, 2021 · www.calcalistech.com
growth-positive
Wasteless deploys its pricing solution at METRO to help with food reduction
PartnersCustomers
Nov 15, 2018 · www.israel21c.org
growth-positive
Food expiration dates are about to undergo a revolution
CustomersInvestment
Oct 9, 2018 · en.globes.co.il
growth-positive
Israeli dynamic pricing co Wasteless raises $2m
InvestmentExpand
Apr 22, 2017 · www.finsmes.com
growth-positive
Internet of Groceries Startup Wasteless Raises $400k in Seed Funding - FinSMEs
Investment
Details
Product Stage
Released
Employees
11-50
Exact Count
12
District
Center District
Founded
2016
Registrar
515513265
Crunchbase
wasteless-ltd
Locations
Kaufmann Street, Tel Aviv-Yafo, Israel
255 W 36th St, New York, New York, NY, United States
Fred. Roeskestraat 115, 1076 EE Amsterdam, Netherlands
Links
Website
www.wasteless.com/
LinkedIn
Profile
Twitter
Profile
Facebook
Page
Careers
Open positions
Admin
Last Update
Dec 11, 2024
Verified by
Jenny Sotnik-Talisman
Claimed
Yes
Missing
markets
Team (4)
Oded Omer
Co-founder & CEO
Founder
Yossi Regev
Co-founder & CTO
Founder
David Kat
SVP Business Development
Tomas Pasqualini
VP Product % Global Operation
Internal
Created by
Jenny Sotnik-Talisman (genys30@yahoo.com)
Created
2016-10-08T00:00:00.000Z
Last editor
Amy Woolf (amyw@sncentral.org)
Finder · Wasteless · 2026