Adoption for contactless solutions such as QR codes surged during the pandemic as con-sumers grew more comfortable using the technology that has been around for a number of years. In fact, according to a recent consumer sentiment study, 83% of respondents indicat-ed they used a QR code for the first time after March 2020 with COVID serving as an ac-celerator for retail and technology innovation. This startup is betting that the QR codes will be a dominant part of the retail landscape post-COVID. Batch is a platform that enables brands to offer one-tap checkouts for their products. The startup works with brands to seamlessly integrate QR codes for specific products directly onto packaging or even into ads so that consumers can order the item in less than 10 seconds without a cumbersome checkout process. Currently, the platform will work with any Shopify merchant with plans to expand to support other e-commerce platforms. AlleyWatch caught up with CEO, Founder, and serial entrepreneur JD Maresco (cofounded Citizen app) to learn more about the inspiration for the business, the company’s strategic plans, and recent round of funding from investors that include Coatue, Seven Seven Six, Weekend Fund, The Chainsmokers, Shrug Capital, Green Bay Ventures, Scott Belsky, Magdalena Kala, Mike Einziger, Ryan Hudson, Jesse Genet, and Nomo Ventures.
Despite the majority of web traffic coming from mobile devices, the cart abandonment rate on mobile devices is significantly higher than that of desktop; an astonishing 85.6% is the average mobile e-commerce cart abandonment rate. One of the most common causes cited by mobile shoppers is a frustrating checkout experience that’s cumbersome on mobile. Nate is a mobile checkout app that allows consumers to complete their purchase of items from any website with a few clicks. All you have to do is share any item on the Nate app and click buy to complete purchases in seconds. On the back end, Nate’s AI-powered technology completes the purchase process, leading to increased customer satisfaction as well as increased conversion for retailers. The company charges $1 per transaction and that includes the issuance of a virtual card used in the transaction, which ensures that the shopper’s data is protected. Nate also recently introduced its own buy it now, pay later option along with some other ancillary features like gifting, sharing, and social wish lists. AlleyWatch caught up with CEO and Founder Albert Sangier to learn more about how Nate powers mobile commerce, the company’s strategic plans, and latest round of funding led by Renegade Partners with participation from Forerunner Ventures, Canaan Partners, and Coatue.
Dubsmash, the video-sharing social app that’s been named a rival to TikTok, has been acquired by Reddit. The terms of the transaction were not disclosed.
Sports are meant to bring fans together but the pandemic has made our love of sports more isolating with fans now forced to turn to technology platforms to share their passion. Flick, founded by the founders of Fanduel, is the mobile chat and engagement platform built exclusively for sports fans. AlleyWatch caught up with Cofounder, CEO, and repeat entrepreneur Nigel Eccles to learn how his experience cofounding FanDuel inspired him to build Flick, the company’s experience raising virtually during the pandemic, and recent funding round from investors that include AlleyCorp, Bullpen Capital, Everblue Management, Amity Ventures, and Courtside Ventures
In the wake of the pandemic small neighborhood coffee shops, bakeries, and cafes had to scramble to adopt mobile ordering and needed to place an emphasis on managing their supply chain to ensure survival. Odeko is the simple-to-use technology platform that allowed them to do both and quickly. CEO Dane Atkinson shares some insight on the company, its mission-driven purpose enabling neighborhood businesses to compete with the larger chains, and recent round of funding from investors that include GGV Capital, First Round, Primary Venture Partners, Box Group, Addition Ventures, Two Sigma Ventures, and Y Combinator.
Playbook is a mobile marketplace enabling top fitness instructors to turn their iPhone content into a subscription income. Instructors can create content (workouts, programs, challenges, nutrition, etc) on their terms. Consumers get access to a world of instructors for a single cost. CEO Jeff Krahel shares more about empowering fitness instructors to build their businesses without depending on studios.
CEO and Cofounder Ben Labra discusses the evolution of Gesture, the on-demand app to send the perfect, thoughtful gift for any occasion.
Teckst, the enterprise omnichannel real-time messaging platform, has been acquired by SF-based LiveVox. Terms of the transaction were not disclosed. “LiveVox’s focus on making omnichannel engagement easy for businesses aligns with Teckst’s mission to simplify contextual human-to-human messaging between brands and their customers. Joining Teckst’s mobile messaging functionality with LiveVox’s holistic omnichannel ecosystem will provide […]
In order to be successful in brand marketing, every customer interaction must count and brands now see the best rate of return when engaging consumers through personalized, mobile messages. Attentive is the two-way, messaging platform that is expertly designed to help brands optimize mobile messaging. Attentive uses real-time behavioral data so brands can send the […]
How many times do you hear the statement (or excuse), “my phone died” uttered every day? Our guess, it’s a lot. To address this, Hoplite Power has built a network of kiosks that offer universal rechargeable battery packs that you can take from place to place to ensure you have power on-the-go. The kiosks are perfect […]
Losing touch with the outside world during calamitous events like natural disasters is still a serious concern even in this age of what seems to be constant connectivity. goTenna addresses this problem with its decentralized communication infrastructure network that is virtually indestructible and designed for the times where communication may most be needed. Founded in 2012, […]