TechShelf

TechShelf is an innovative startup founded in 2018 and based in the United States. The company's mission is to address the significant issue of out-of-stock products through its pioneering solution. Their slogan "Techshelf is here to solve your out-of-stock problems by notifying your employees well before those problems happen" succinctly captures their value proposition. TechShelf recognizes that out-of-stock items cost the retail industry over $600 billion annually, making it a substantial problem for companies. TechShelf's approach involves providing real-time shelf data directly to retailers, producers, and distributors to mitigate out-of-stock occurrences. By leveraging modules and sensors, the company is capable of equipping existing store shelves to offer real-time data, thus facilitating proactive restocking. The recent Pre Seed Round investment secured on 14 August 2020 from MARL 5G Accelerator underscores the market's confidence in their solution. This investment is a testament to the potential of TechShelf's innovative approach in the Big Data, Information Technology, and Retail sectors. Overall, TechShelf's disruptive technology has the potential to revolutionize the retail industry by enabling more efficient shelf replenishment, ultimately boosting sales for their clients. More details about TechShelf can be found on their website at www.techshelf.us.