Binsight

Company Overview

Snapshot

Founded in October 2021 by Gilad Mor Hayim and Or Bar-Tal, Binsight operated with 1–10 employees. The company ceased operations in February 2023, approximately 16 months after its founding.

Business overview

Binsight specialized in data analysis of consumer waste, leveraging deep-learning technology and behavioral tools to convert garbage into actionable data. This data was designed to serve as a retention tool for retailers, enabling them to help customers become healthier and smarter consumers, reduce waste, and save money and time. The company operated within the Business Software sector, focusing on retail platforms, climate tech, and sustainable materials and circularity.

Strategic signal

In October 2021, Binsight participated in the Techstars TLV accelerator program, signaling early validation for its innovative approach to consumer waste data. This involvement indicated the company's potential to attract strategic partnerships and further develop its technology within a structured entrepreneurial environment, although it later ceased operations in February 2023.

Company Intelligence Q&A

What is Binsight's primary focus?

Binsight focuses on analyzing consumer waste data using deep-learning technology to provide insights for retailers, aiming to promote healthier consumption, cost savings, and waste reduction.

When was Binsight founded?

Binsight was founded in October 2021.

Who are the founders of Binsight?

Binsight was co-founded by Gilad Mor Hayim and Or Bar-Tal.

What was a key early milestone for Binsight?

In October 2021, Binsight launched its participation in the Techstars TLV accelerator program.

What is the current operational status of Binsight?

Binsight ceased to operate in February 2023.