Wasteless

Name

Wasteless

Legal name

Wasteless Inc.

Website

https://wasteless.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Retail Pricing Optimization Software

NAICS

Business Support Services (5614)

akta.pro primary industry

Food Inventory Management & Expiration Rotation Systems (HSAFACAF)

Keywords

• AI markdown optimization
• Dynamic pricing software
• Food waste reduction
• Retail pricing analytics
• Perishable inventory management

Headquarters

HQ city

Tel Aviv

HQ country

Israel

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. AI Markdown Optimization SaaS: SaaS subscription model for AI-powered dynamic markdown optimization. Pricing based on store count or volume. Includes core markdown engine plus optional modules (DateCheck+, Rotation Calendar, Grind Logs, Waste Tracking, Insights).

Pricing tiers

Go-to-market motion3 records

Distribution channels1 record

Marketing channels5 records

Core offering

Wasteless provides an AI-powered SaaS platform for dynamic markdown optimization in grocery retail, calculating optimal discount prices per individual item based on expiration dates, real-time sales velocity, freshness sensitivity, weather, and local events. The core AI Markdowns engine is sold as a modular subscription alongside complementary modules for expiration date management, rotation scheduling, FSMA/USDA meat compliance, waste tracking, and consolidated analytics.

Product overview

Wasteless offers an all-in-one AI-powered platform for reducing food waste and increasing perishable food profit in supermarkets through dynamic pricing optimization. The core product is AI Markdowns, a dynamic pricing engine that uses machine learning to calculate optimal markdown prices based on expiration dates and real-time data. This core platform is complemented by six integrated modules: DateCheck+ for expiration date management, Rotation Calendar for automated check scheduling, Grind Logs for FSMA/USDA compliant meat tracking, Waste Tracking for shrinkage measurement, and Insights for consolidated analytics. The modular architecture allows retailers to deploy the full suite or individual components, with all modules sharing data to enhance the AI Markdowns engine's accuracy. The solution requires no IT integration for basic configuration and can be operational in a single day.

Differentiator

Problem solved

Functional benefit

Products and services

• AI Markdowns Core AI-powered dynamic pricing SaaS solution for grocery retailers. Continuously analyzes customer price/freshness sensitivity, sell-out patterns, waste events, and past markdown performance to calculate optimal discount prices for each individual perishable item based on expiration date, sales velocity, stock levels, weather, local events, and store hours. Sells to enterprise supermarket chains and wholesale grocers as a modular subscription.
• DateCheck+ Streamlined expiration date management solution for supermarket staff. Uses scan-based tracking, an intelligent prioritization engine, and actionable recommendations to flag items nearing expiration across departments. Integrates with Wasteless AI Markdowns to convert potential waste into recovered revenue via markdowns, diversion, donation, or appropriate disposal. Sold to grocery retailers as a module within the Wasteless platform.
• Rotation Calendar Intelligent automated system that dynamically determines ideal check frequency for every fresh department section based on product-specific shelf life and expiration sensitivity. Ensures quality assurance, regulatory adherence, and proactive waste prevention. Sold to grocery retailers as a module within the Wasteless platform.
• Grind Logs Digital FSMA and USDA compliant solution for tracking ground meat batches, shop trims, and sanitation activities in grocery and butcher departments. Replaces paper logs with smart barcode scanning, centralized record keeping, searchable 3-year digital history, and automated compliance notifications. Sold to grocery retailers as a module within the Wasteless platform.
• Waste Tracking Intuitive scan-based waste logging solution with configurable reason codes (expiration, damage, supplier quality, seasonal surplus) to capture and categorize waste across all store departments. Feeds real-world waste data back into the Wasteless AI Markdowns engine to refine pricing optimization. Sold to grocery retailers as a module within the Wasteless platform.
• Wasteless Insights Comprehensive analytics platform that consolidates performance metrics from all Wasteless modules and integrated data streams (sales, waste, pricing, inventory). Provides deep performance analysis by store, department, category, and SKU; customer behavior and sensitivity insights; opportunity identification for margin improvement; and customizable, role-based reporting and alerts. Sold to grocery retailers as a module within the Wasteless platform.

Quantifiable outcome

• Reduces food waste by 50% on average across implementations
• +8 more outcomes

Named customers10 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability4 records

Feature11 records

Partnerships

Six partnerships are on record, tiered minor and core.

• CapgeminiminorImplementation/ SI/ Consulting PartnerGlobal consulting and technology services partner for implementation support and system integration services.
• DeloitteminorImplementation/ SI/ Consulting PartnerProfessional services firm providing consulting and implementation support for enterprise deployments.
• HanshowcoreTechnology or IntegrationElectronic Shelf Label (ESL) provider with pre-integrated compatibility for seamless real-time price updates in stores.
• NCRcoreTechnology or IntegrationPOS and retail technology provider with pre-integrated ecosystem compatibility for point-of-sale data and transaction processing.
• ReFEDminorOthersFood waste focused non-profit organization working on solutions to food waste challenge.
• L. StroetmannminorStrategic or Co-development PartnerGerman retail partner collaborating with Edeka Rhein-Ruhr on Wasteless AI implementation for fresh meat management.

Scale indicators17 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Afresh Technologies: AI-native fresh-food forecasting, ordering, and inventory platform for grocery retailers. Directly comparable to Wasteless on serving supermarkets with ML-driven perishable optimization, though Afresh focuses on forecasting/ordering rather than dynamic markdown pricing.
• Shelf Engine: AI-driven demand forecasting and automatic replenishment for perishable grocery items, including markdown recommendations. Comparable to Wasteless in targeting food waste reduction at grocers using ML on sell-through and expiration data.
• Invafresh: Fresh-food retail technology platform covering demand forecasting, inventory, and markdown optimization for grocers. Closely comparable to Wasteless on perishable pricing and waste reduction for supermarket chains.

Broad incumbents

• RELEX Solutions: Established supply chain and retail planning platform offering markdown optimization, fresh-food forecasting, and inventory management to large grocers. Broader portfolio than Wasteless but with overlapping markdown and perishable-optimization capabilities.
• Blue Yonder (formerly JDA Software): Large enterprise software vendor providing pricing, replenishment, and category management for grocery and retail. Overlaps with Wasteless in AI-driven pricing optimization, but as part of a much broader planning suite.
• ToolsGroup: Supply chain planning vendor with retail pricing, replenishment, and inventory optimization modules. Overlaps with Wasteless in AI-driven markdown and perishable inventory decisions for grocery retailers.
• SAP (Retail/ERP): Largest ERP and retail management software provider, offering pricing, markdown, and inventory modules used by major grocers. Represents both a competitive threat and an integration dependency for retail-AI point solutions.
• Oracle Retail: Enterprise retail platform offering price optimization, inventory, and merchandising for grocers and other retailers. Comparable as a broad incumbent alternative for retailers evaluating AI pricing solutions.

Emerging players

• Crisp: Real-time grocery data and supplier intelligence platform helping retailers reduce waste and optimize purchasing. Adjacent to Wasteless in targeting food-waste reduction with data-driven insights, though more upstream in the supply chain.
• Zipline (retail execution): Retail execution and store operations platform for grocers and specialty retailers, covering pricing, promotions, and in-store task management. Adjacent overlap with Wasteless on dynamic pricing and fresh operations workflows.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/wasteless-ltd
• Xx.com/wastelessltd
• Facebookfacebook.com/wastelessltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds9 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wasteless