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.

Business overview

Binsight specializes in leveraging deep-learning technology and behavioral tools to convert consumer waste into actionable data. This data serves as a retention mechanism for retailers, enabling them to assist customers in making healthier and smarter consumption choices, saving money and time, and directly reducing waste. The company operates within the Business Software and Retail & Marketing sectors, focusing on data analytics, IoT, and artificial intelligence for retailers and online retailers.

Strategic signal

In October 2021, Binsight participated in the Techstars TLV accelerator program, signaling early validation of its innovative approach to waste data analysis. This participation highlighted the company's potential to develop solutions for sustainable consumption and retail efficiency, aligning with broader industry trends towards data-driven environmental impact reduction.

Company Intelligence Q&A

What is Binsight's core technology?

Binsight utilizes deep-learning technology combined with core behavioral tools to analyze consumer waste and generate data.

When was Binsight founded?

Binsight was founded in October 2021.

What is Binsight's primary business model?

Binsight operates on a B2B2C business model, providing data insights to retailers who then engage with consumers.

What is the current status of Binsight?

Binsight is currently non-active, having ceased operations in February 2023.

What was a notable early milestone for Binsight?

In October 2021, Binsight launched as part of the second Techstars TLV accelerator program of the year.