Company Overview
Snapshot
Founded in December 2011 by Boaz Yahav, PriceZ operates with 1–10 employees. The company provides a social consumer platform for supermarket price comparison, a service that gained media attention in December 2015 for helping users find the cheapest groceries.
Business overview
PriceZ develops an internet and mobile social consumer platform designed to help shoppers compare product prices across supermarkets. Its core technology enables users to create shopping lists, scan product barcodes for real-time price comparisons from nearby stores, and access coupons directly through the application. The platform serves consumers by providing detailed information on the most cost-effective locations for their grocery baskets, operating within the retail platforms sector with a focus on supermarkets and general consumer markets.
Strategic signal
In December 2015, PriceZ garnered media attention from The Times of Israel for its mobile application, which helps users find the cheapest supermarket prices. This coverage highlighted the platform's utility in consumer savings and its potential to influence shopping habits by providing transparent pricing information, signaling early market validation for its price comparison model.
Company Intelligence Q&A
- When was PriceZ founded and by whom?
- PriceZ was founded in December 2011 by Boaz Yahav, who serves as the Founder & CEO.
- What is the primary function of the PriceZ platform?
- PriceZ offers an internet and mobile social consumer platform that enables shoppers to compare product prices in supermarkets and identify the cheapest locations for their shopping lists.
- How does PriceZ gather its pricing data?
- PriceZ collects data from various sources, including online and offline channels, as well as real-time contributions from users visiting supermarkets who scan product barcodes with their mobile devices.
- What additional features does the PriceZ application offer beyond price comparison?
- Beyond price comparison, the PriceZ application allows users to manage and share shopping lists, view historical price graphs, set and receive price alerts, access specials, update prices, and review products and stores.
- What was a notable early media mention for PriceZ?
- In December 2015, PriceZ was featured in The Times of Israel for its app's ability to help consumers find the cheapest supermarket products, such as chicken.