Wiseshelf

Company Overview

Snapshot

Founded in July 2016 by Shalom Nakdimon and Yaeer Master, Wiseshelf operated with 1–10 employees. The company raised $850,000 across one funding round from two investors. In January 2020, Israeli drugstore chain Super-Pharm implemented Wiseshelf's sensor-based shelf organization technology.

Business overview

Wiseshelf developed an IoT platform for inventory management, providing real-time insights into retail shelves. The company's core technology involved a multi-sensor appliance that detects product counts on shelves, transmitting data to a patented, cloud-based algorithm. This system delivered real-time alerts to retailers or suppliers and offered on-shelf visual guidance to streamline planogram compliance and shelf-replenishment processes. Wiseshelf operated in the Business Software sector, serving retailers and industries focused on inventory tracking and logistics.

Company Intelligence Q&A

What is Wiseshelf's operational status?

Wiseshelf is currently non-active, having ceased operations in December 2021.

When was Wiseshelf founded and by whom?

Wiseshelf was founded in July 2016 by co-founders Shalom Nakdimon and Yaeer Master.

What was the total capital raised by Wiseshelf?

Wiseshelf raised a total of $850,000 across one funding round.

Did Wiseshelf secure any notable commercial implementations?

In January 2020, Israeli drugstore chain Super-Pharm implemented Wiseshelf's sensor-based shelf organization technology.