Company Overview
Snapshot
Founded in April 2016 by Asaf Shapira, Idan Sergi, and Chen Cohen, Storee operates with 11–50 employees. The company has raised $8M across three funding rounds.
Business overview
Storee develops an automated, data-driven task management tool designed to help retailers optimize store performance. Its core platform, STOREE, utilizes an algorithm to autonomously detect, forecast, and alert users to incidents impacting revenues at the store level. This technology enables headquarters to set rules, remotely manage an unlimited number of stores and employees, and centralize communications, tasks, and insights through a personalized news feed, serving the retail and e-commerce industries with business intelligence and management solutions.
Strategic signal
In August 2022, Storee was highlighted by CTech as one of the Israeli startups leveraging AI in retail management. This recognition signals the company's continued relevance and innovation in applying artificial intelligence to enhance operational efficiency and revenue generation for brick-and-mortar stores, positioning it as a key player in the evolving retail technology landscape.
Company Intelligence Q&A
- What is Storee's primary offering?
- Storee offers an automated, data-driven task management tool called STOREE, designed to help retailers maximize product value and guide store managers toward operational excellence.
- When was Storee founded and by whom?
- Storee was founded in April 2016 by Asaf Shapira, Idan Sergi, and Chen Cohen.
- How does Storee's platform enhance retail operations?
- The STOREE platform uses an algorithm to autonomously detect, forecast, and alert users to incidents impacting revenues at the store level, allowing for centralized management of communications, tasks, and insights for improved performance.
- What was Storee's involvement with Israel's Retail Innovation Club?
- In June 2020, Storee was featured as part of Israel's Retail Innovation Club, which unveiled new technologies aimed at helping brick-and-mortar stores recover following COVID lockdowns.