# Wasteless

**Source:** https://www.startuphub.ai/startups/wasteless
**Profile type:** Startup

> Dynamic pricing solution for grocery stores to reduce food waste and increase profits.

## About

Wasteless is a machine learning and real-time tracking solution for grocery stores that offers dynamic pricing based on product expiration dates. By adjusting prices in real-time, Wasteless helps retailers optimize inventory, reduce food waste, and increase sales, operating successfully in 10 countries with leading retailers.

## Key facts

- **Slug:** wasteless
- **Website:** http://www.wasteless.com
- **Location:** Tel Aviv, Israel
- **Founded:** 2016-05-01
- **Employees:** 8
- **Operating status:** Active
- **Total funding:** $2M
- **Sectors / tags:** Retail, Pricing, Grocery Store, Point of Sale (POS), RetailTech, FoodTech, Sustainability, Waste Management, Machine Learning, Dynamic Pricing, Inventory Management, Grocery Retail
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/wasteless-ltd/

## Frequently asked

### What does Wasteless do?

Wasteless is a machine learning and real-time tracking solution for grocery stores that offers dynamic pricing based on product expiration dates. By adjusting prices in real-time, Wasteless helps retailers optimize inventory, reduce food waste, and increase sales, operating successfully in 10 countries with leading retailers.

### What is Wasteless's revenue?

StartupHub estimates Wasteless's annual revenue at $2.6M (range $1.5M to $4.8M, 69% confidence), based on comparable companies in the sector.

### What is Wasteless's valuation?

StartupHub estimates Wasteless's effective valuation at $9.6M (range $6.0M to $14.4M, 10% confidence), based on comparable companies in the sector.

### How much funding has Wasteless raised?

Wasteless has raised a total of $2M in funding. The most recent round on record is Series A.

### Where is Wasteless headquartered?

Wasteless is headquartered in Tel Aviv, Israel.

### When was Wasteless founded?

Wasteless was founded in 2016.

### What industry does Wasteless operate in?

Wasteless operates in Retail, Pricing, Grocery Store, Point of Sale (POS), RetailTech, FoodTech.

### How many employees does Wasteless have?

Wasteless has approximately 8 people on record.

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