Veeve

Veeve is transforming the retail shopping experience with its smart shopping cart technology, primarily targeting grocery retailers. The company operates in the retail technology market, offering a business model that integrates machine learning and data analytics to provide personalized shopping experiences. Customers can check in using a QR code or mobile number, allowing them to access shopping lists, past orders, and personalized deals. Veeve's carts are equipped with GPS tracking, alarms, and anti-theft features, ensuring security and loss prevention. The company generates revenue by partnering with retailers to enhance customer engagement and increase basket size through real-time product recommendations. Veeve's leadership team comprises former Amazon and Google X executives, bringing extensive expertise in product development and technology innovation. The solution empowers store employees with handheld tablets for real-time customer support, further enhancing the shopping experience.

Keywords: smart carts, retail technology, grocery, machine learning, data analytics, personalized shopping, security, GPS tracking, customer engagement, loss prevention.