Spatic is a startup focused on simplifying retail expansion decisions for brick-and-mortar stores using location Intelligence. Their location analytics app offers hyperlocal insights on consumer demographics, competitor activity, trade area analysis, and footfall to identify the highest ROI locations. Additionally, the app assists retailers in finding available properties in optimal locations and predicts revenue and profitability potential for each short-listed property using AI models.
Spatic's location analytics offering includes a SaaS platform to analyze demographics, competition, footfall, and demand generators, AI-driven location recommendations, site reports for detailed analysis of shortlisted locations, and curated property listings. The company was founded in 2022 and is headquartered in India.
Spatic's innovative approach to retail expansion and data-driven decision-making presents a promising opportunity for the retail industry. This presents an intriguing potential for investment, especially for venture capitalists looking to support disruptive technologies shaping the retail sector's future.
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