Promos is a cashback platform that utilizes machine learning and crowdsourced market research data to identify promotional offers across various supermarkets. By allowing users to scan their purchase receipts, Promos provides direct monetary rewards, addressing the need for effective savings on everyday grocery shopping.
Funding
$3.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
CVSFounders
Product
Problem
Consumers often miss out on potential savings when grocery shopping due to a lack of awareness regarding available promotions and discounts across different supermarkets. Manually tracking these offers is time-consuming, and traditional coupon systems can be cumbersome and limited in scope.
Solution
Promos is a cashback platform that simplifies the process of saving money on everyday grocery purchases. Users can scan their purchase receipts through the Promos app to automatically identify eligible promotional offers. The platform leverages machine learning and crowdsourced market research data to ensure accurate and up-to-date information on available cashback opportunities across various supermarkets. By providing a seamless and rewarding experience, Promos empowers users to maximize their savings effortlessly.
Target Audience
The primary target audience consists of everyday consumers who are looking for convenient ways to save money on their regular grocery shopping.
Features
- Receipt scanning functionality for automated offer detection
- Machine learning algorithms to identify relevant promotions
- Crowdsourced market research data for up-to-date offer information
- Cashback rewards on eligible purchases
- User-friendly mobile app interface
- Wide range of supported supermarkets
- Weekly updates on new promotional offers