Supersmart utilizes a proprietary AI machine learning system to validate self-scan transactions in physical retail environments, ensuring high accuracy and security for every purchase. This technology eliminates checkout lines and reduces inventory shrinkage, enhancing the overall shopping experience for customers.
Funding
$10M 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.
Founders
Product
Problem
Retailers face significant losses due to shrinkage and inefficiencies in traditional checkout processes. Long checkout lines can deter customers, while self-checkout systems are vulnerable to errors and intentional theft.
Solution
Supersmart offers an AI-powered autonomous checkout platform designed to eliminate checkout lines and minimize shrinkage in physical retail stores. The system uses advanced AI and machine learning to validate self-scan transactions with high accuracy, even with fully loaded shopping carts. By securing each purchase, Supersmart aims to enhance the overall shopping experience, reduce operational costs, and improve inventory management for retailers. The cloud-based platform integrates with existing retail environments and can be adapted to various store formats.
Target Audience
The primary target audience includes large retail chains and grocery stores seeking to improve the customer experience, reduce losses from shrinkage, and optimize store operations through AI-driven technology.
Features
- AI-powered validation of self-scan transactions to ensure accuracy and security
- Autonomous checkout system that eliminates traditional checkout lines
- Shrinkage reduction through advanced fraud detection and prevention
- Cloud-based deployment for easy integration with existing retail infrastructure
- Adaptable to various store formats and sizes
- User-journey analysis and actionable intelligence for improved store operations