Smartag

Company Overview

Snapshot

Founded in January 2015 by Shaul Zoaretz and Shaul Zuarets, Smartag operates with 1–10 employees. The company has raised a total of $1.3M across one funding round from 3 investors. In July 2020, Smartag was acquired, transitioning to a non-active status.

Business overview

Smartag provides smart crowd management, access control, and cashless payment solutions. The company's platform leverages wearable devices, RFID, and NFC technology to bridge online and offline experiences, creating a seamless guest journey. Smartag serves various markets globally, including Israel and Thailand, operating within the Business Software sector, with applications in Fintech and Insurtech, and targeting customers in Travel & Tourism and Media & Entertainment.

Strategic signal

In July 2018, Smartag unveiled a strategic push into the ticketing industry with its wearable payment solutions. This move highlighted the company's ambition to integrate its RFID and NFC-based technology into event management, signaling a focus on enhancing guest experiences and streamlining operations for event organizers.

Company Intelligence Q&A

What is Smartag's primary business?

Smartag specializes in smart crowd management, access control, and cashless payment solutions, utilizing wearable devices with RFID and NFC technology to enhance guest experiences.

When was Smartag founded and by whom?

Smartag was founded in January 2015 by co-founders Shaul Zoaretz and Shaul Zuarets.

What was a key strategic development for Smartag in 2018?

In July 2018, Smartag announced a significant push into the ticketing business with its wearable payment technology, aiming to streamline event access and transactions.

What is the company's current status?

Smartag is currently non-active, a status it assumed in July 2020 following its acquisition.

Which investors participated in Smartag's funding round?

Smartag received funding from investors including Shuki Abramovich and Leumi Partners.