Company Overview
Snapshot
Founded in June 2017 by David Alkoby, Benzy Shiftan, and Adi Shpigel, ShopyFox operates with 1–10 employees. The company ceased operations in September 2019.
Business overview
ShopyFox developed a mobile application designed to help consumers find the best deals and prices by scanning supermarket receipts. The company leveraged a proprietary data-acquisition technology and a crowd-based social network to reveal real-time prices in the offline world, aiming to minimize customer expenses. Its technology incorporated an easy-to-use, point-and-shoot submission process for receipts, self-learning optical character recognition, and text analysis. ShopyFox operated within the Business Software sector, specifically focusing on e-Commerce Tools and serving the consumer market.
Company Intelligence Q&A
- What is ShopyFox's primary business model?
- ShopyFox primarily operates on a B2C (Business-to-Consumer) business model, providing its mobile application directly to individual consumers for price comparison.
- What technology underpins ShopyFox's price comparison service?
- ShopyFox's technology is based on a proprietary data-acquisition system, a crowd-based social network, self-learning optical character recognition, and text analysis to process scanned supermarket receipts.
- When was ShopyFox founded and by whom?
- ShopyFox was founded in June 2017 by David Alkoby, Benzy Shiftan, and Adi Shpigel.
- What was the core functionality of the ShopyFox mobile application?
- The ShopyFox mobile application enabled users to scan their supermarket receipts to learn from a crowd-based network where to find the best deals and prices in real-time.
- When did ShopyFox cease operations?
- ShopyFox ceased to operate in September 2019.