Veeve

About:

Veeve is a computer vision startup that provides in-store cashier-less checkout solution.

Website: https://veeve.io

Twitter/X: veeve_media

Top Investors: Foothill Ventures, Flying Fish Partners, XRC Ventures, Creative Ventures, Reinforced Ventures

Description:

Veeve is a shopper engagement platform for the physical store. It offers an AI-powered, snap-on device that attaches to any shopping cart to bring the power of online shopping to in-store shoppers. Features include location tracking, deals & promos according to the shopper’s aisle location, advertising, video recipes and a pay portal to skip the checkout line. There’s also no app or login required. Veeve customers include Albertsons, Tom Thumb, Kroger, Safeway, as well as numerous local and independent retailers. Key customer-reported benefits (aggregated across multiple retailers): - Quick set-up - retailers can launch with Veeve in just 10 days - 73% sales increase - $65 average spent by customers - Shorter, more efficient shopping trips for customers - 95% customer satisfaction score (CSAT), based on end-of-trip survey on the device