Wasteless

AI-based Pricing Engines for Supermarkets

Business Software
Active
Seed Tel Aviv-Yafo, Israel Founded 2016
Last updated 2026-06-18
Total raised
$6.2M
Last: Grant 2022-02
Stage
Seed
Founded
2016
Headcount
12
HQ
Tel Aviv-Yafo, Israel
Sector
Business Software

About

Wasteless allows supermarkets to price products based on expiration dates with the aim of providing a sustainable shopping experience with less waste, while increasing margins and revenues. The company's proprietary AI solution tracks product rotation and waste risk to deliver an optimal markdown in case it's needed. Customers can then choose different expiration dates with different discounts, making sustainable shopping options while saving money.

Funding history · 8 rounds · $6.2M total

2022-02
Grant $400K
2020-12
$2.8M
2020-03
Grant $700K
2019-12
$1.0M
2019-03
2018-06
2018-03
Grant $550K

Q&A

What is Wasteless's primary business?
Wasteless provides AI-based pricing engines for supermarkets, allowing them to price products based on expiration dates to reduce waste and increase margins.
Where is Wasteless headquartered?
Wasteless is headquartered in Tel Aviv-Yafo, Israel, with additional offices in New York, United States, and Amsterdam, Netherlands.
When was Wasteless founded?
Wasteless was founded in August 2016.
How much funding has Wasteless raised in total?
Wasteless has raised a total of $6,150,000 USD across multiple funding rounds.
When was Wasteless's most recent funding round and what type was it?
Wasteless's most recent funding round was a Grant in February 2022, raising $400,000 USD.
Which investors participated in Wasteless's April 2017 funding round?
The April 2017 funding round for Wasteless included investors Jonathan Ofir and FOOD-X.
Who are the co-founders of Wasteless?
The co-founders of Wasteless are Oded Omer, who serves as Co-founder & CEO, and Yossi Regev, who serves as Co-founder & CTO.
What is the employee count for Wasteless?
Wasteless has an employee count in the 11-50 range.

Team · 2

Oded Omer
Founder · Co-founder & CEO
Founder · Co-founder & CTO
LinkedIn ↗

Sectors & technology

Primary sector
Business Software
Sub-sectors
Climate TechClean Industry Tech Sustainable Materials & CircularityBusiness SoftwareSales & Marketing Solutionse-Commerce Tools
Technologies
Artificial Intelligence
Target customers
Commerce & RetailDistribution ChannelsSupermarketseCommerce Platforms
Business model
B2B

Highlights

Climate TechVerified

Tags

logisticswaste-techrfidfoodtechretailerssaasclimate-techsupply-chainartificial-intelligencecircular-economypricingsupermarkets
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