Stor.ai

Company Overview

Snapshot

Founded in March 2011, Stor.ai operates with 51–200 employees and has raised $21.15 million across three funding rounds from five investors.

Business overview

Stor.ai provides a technology suite designed to support food retailers in their transition to online offerings. The company's core product integrates point-of-sale and retail catalogs into a mobile-first, custom-branded eCommerce experience. Utilizing a digital commerce engine combined with artificial intelligence, omni-channel marketing tools, and delivery logistics software, Stor.ai aims to increase sales and profit for retailers both in-store and online. It serves the retail industry, focusing on sectors like supermarkets and online retailers, and counts Unilever, Toshiba, and Microsoft among its clients and partners.

Strategic signal

In February 2022, Stor.ai expanded its leadership team by hiring Charlie Ward Wright IV as President and promoting Mendel Gniwisch to CEO. This strategic move signals the company's intent to strengthen its executive capabilities and drive further growth in the competitive online grocery market, indicating a focus on scaling operations and market penetration.

Company Intelligence Q&A

What was a key strategic partnership for Stor.ai in 2021?

In June 2021, Stor.ai partnered with Bringg to provide end-to-end grocery delivery orchestration, enhancing its logistics capabilities for online retail clients.

What leadership changes occurred at Stor.ai in 2022?

In February 2022, Stor.ai appointed Charlie Ward Wright IV as President and promoted Mendel Gniwisch to CEO, expanding its leadership team to support continued growth.

What was a notable collaboration for Self Point (now Stor.ai) in 2020?

In November 2020, Self Point collaborated with Tortoise to offer grocers a robot delivery option, exploring innovative last-mile solutions.