About Sumzed
Sumzed is a Retail company based in Alingsas (Sweden) founded in 2020, and was acquired by SML in January 2022. It operates as a platform offering pricing checking kiosk for offline businesses. Its focus areas include In Store Retail Tech, Customer Experience Management and Digital Assistants. Its competitors include Valyant, Northfork, Remark, Conversity and AppointmentPlus and 2 more; 4 of its 7 listed competitors have raised funding.
Company details
Sumzed was founded in 2020 in Alingsås, Sweden, within the retail technology sector. Touchscreen kiosks are supplied to offline businesses, where discounts, offers, and product details are shown to customers. Self-checkout options, product information retrieval, fitting room assistance, endless aisle browsing, call-for-help features, and digital signage are integrated into the platform. Operations center on supporting in-store customer interactions across physical retail environments.
- Headquarters Alingsas, Sweden
- Stage Acquired
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website sumzed.com
- Social LinkedIn
- Acquired by SML (Jan 2022)
Investors in Sumzed
Sumzed has secured backing from 1 investor. Prominent investors backing the company include SML.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of branding and business solutions | 1988 | sml.com | Hong Kong, China |
Investor details for Sumzed
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Timeline of Sumzed
2 dated milestones of Sumzed across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Sumzed is founded.
- Exit Acquired by SML.
Competitors of Sumzed
Sumzed has 7 listed competitors in our database, 4 of them funded. They include Valyant, Northfork, Remark, Conversity and AppointmentPlus, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| valyant.ai | 2017 | Denver, United States | $6.53M | – | AI-enabled customer service solutions are developed for retail. | |
| northfork.ai | 2017 | Stockholm, Sweden | $1.14M | – | AI-powered shopping lists are generated for grocery retailers' customers. | |
| withremark.com | 2020 | New York, United States | $26.3M | – | Consultative shopping platform is provided for in-store retail businesses. | |
| conversity.com | 2003 | London, United Kingdom | – | 19 | Guided selling software solutions are provided for retail sales executives. | |
| appointmentplus.com | 2001 | Scottsdale, United States | – | 25 | Online appointments are booked by customers via a digital solution. | |
| toushay.com | 2011 | Ottawa, Canada | $5.75M | – | Invests in Cloud and SaaS technology companies and manages real estate properties worldwide. | |
| glocalit.com | 2012 | Vedbaek, Denmark | – | 1 | Provides comprehensive sales assistant solutions for businesses. |
Detailed competitors of Sumzed
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Top companies in Autonomous & In-Store Retail Tech
10 companies that operate in the same segment as Sumzed (Autonomous & In-Store Retail Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | 4,683 | |
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | – | 576 | |
App-based bookkeeping solutions are offered for small business management. | 2018 | Bengaluru, Karnataka, India | USD 186.62 M | USD 165.88 K | – | |
POS solutions are provided for retail businesses. | 2009 | San Francisco, California, United States | USD 519.75 M | USD 24.19 B | 6,214 | |
Provider of cloud-based POS software solutions for businesses and service providers | 1999 | San Francisco, California, United States | USD 923 M | – | 2,684 | |
Retail intelligence platform is developed for brands and B2B retailers. | 2008 | Bengaluru, Karnataka, India | USD 21.11 M | USD 7.69 M | 345 | |
Point-of-sale financing is enabled for installment purchases at partnered retailers. | 2016 | Minneapolis, Minnesota, United States | USD 17.51 M | USD 450.28 M | 408 | |
Loyalty management solutions are provided for offline retail stores. | 2012 | San Francisco, California, United States | USD 23.1 M | – | 23 | |
Mobile apps enable real-time retail data collection by field teams. | 2011 | Denver, Colorado, United States | USD 71 M | – | – | |
Unified platform for retail and supply chain planning is offered. | 2005 | Helsinki, Uusimaa, Finland | USD 816.41 M | USD 247.75 M | 2,302 |
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Related news about Sumzed
Complete news archive for Sumzed
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Frequently Asked Questions about Sumzed
Sumzed was founded in 2020.
Sumzed is headquartered in Alingsas, Sweden. It is registered at Alingsas, Vastra Gotaland, Sweden.
Sumzed was founded in 2020 in Alingsås, Sweden, within the retail technology sector. Touchscreen kiosks are supplied to offline businesses, where discounts, offers, and product details are shown to customers. Self-checkout options, product information retrieval, fitting room assistance, endless aisle browsing, call-for-help features, and digital signage are integrated into the platform. Operations center on supporting in-store customer interactions across physical retail environments.
Sumzed's top competitors include Remark, Conversity and Valyant.
Sumzed has 1 investor. Key investors include SML.
Yes. Sumzed was acquired by SML in January 2022.