About Wasteless
Wasteless is a company based in Tel Aviv (Israel) founded in 2017 by Oded Omer and Yossi Regev. Wasteless has raised $2.4 million across 3 funding rounds from investors including FoodBytes, Food Angels and Slingshot. Wasteless offers products and services including Smart Markdowns, Rotation Calendar, Date Checks, Grind Logs, and Waste Tracking. Wasteless operates in a competitive market with competitors including Shelf Engine, Indix, Eversight, Intelligence Node and Zilliant, among others.
- Headquarter Tel Aviv, Israel
- Founders Oded Omer, Yossi Regev
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Sectors
Retail
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Wasteless Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2.4 M (USD)
in 3 rounds
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Latest Funding Round
$10 K (USD), Grant
Oct 18, 2018
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Investors
FoodBytes
& 4 more
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Employee Count
Not available
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Products & Services of Wasteless
Wasteless offers a comprehensive portfolio of products and services, including Smart Markdowns, Rotation Calendar, Date Checks, Grind Logs, and Waste Tracking.
Optimizes retail prices using AI to reduce waste and maximize revenue.
Minimizes expired products by tracking store rotations.
Monitors expiration dates for immediate retail actions.
Tracks meat processing to ensure regulatory compliance.
Analyzes waste data for insights on sensitive products.
People of Wasteless
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Funding Insights of Wasteless
Wasteless has successfully raised a total of $2.4M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $10 thousand completed in October 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Wasteless
Wasteless has secured backing from 5 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include FoodBytes, Food Angels and Slingshot.
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Venture capital investments are made in consumer tech startups.
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Venture capital and accelerator services are provided across multiple sectors.
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Pitch competition and networking platform for food and agriculture startups
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Investor details for Wasteless
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Investments & Acquisitions by Wasteless
Investment portfolio details for Wasteless
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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Financial Statements - Wasteless
Detailed financials for Wasteless
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Wasteless Comparisons
Peer comparison for Wasteless
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Competitors of Wasteless
Wasteless operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Shelf Engine, Indix, Eversight, Intelligence Node and Zilliant, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI-based solution to automate orders of perishable goods
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A SaaS platform for big data product intelligence is operated.
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SaaS-based promotion software is offered for retail testing.
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AI-powered analytics tools are offered for retail pricing strategies.
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Price optimization software is delivered for e-tailers and manufacturers.
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Platform offering E- Commerce analytics solutions
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Detailed competitors of Wasteless
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Latest news on Wasteless
Complete news archive for Wasteless
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Frequently Asked Questions about Wasteless
Wasteless was founded in 2017.
Wasteless is headquartered in Tel Aviv, Israel.
Oded Omer is the current CEO of Wasteless. They have also founded this company.
Wasteless is a funded company, having raised a total of $2.4M across 3 funding rounds to date.
Wasteless was founded in 2017 in Tel Aviv, Israel, as an online platform in the grocery technology sector. Dynamic pricing solutions are delivered to retailers, calculated according to product shelf life. Customer buying behavior is analyzed alongside data on perishable items and operational insights. Services support inventory management and waste reduction efforts across grocery operations.
Wasteless's top competitors include Intelligence Node, Shelf Engine and Eversight.
Wasteless offers Smart Markdowns, Rotation Calendar, Date Checks, Grind Logs, and Waste Tracking.
Wasteless has 5 investors. Key investors include FoodBytes, Food Angels, Slingshot, SOSV, and Jonathan Ofir.