Veeve
Facts
- HQ
- Seattle, Washington, USA
- Sectors
- Software Development
- Founded
- 2018
- Employees
- 8
- Stage
- Startup
- Total raised
- $10.6M SEC Form D filings Total of this company's SEC Form D filings
- Last round
- $6.4M · Sep 2022 SEC Form D
Seattle Startup Veeve Raises $6.7M to Expand Smart Shopping Cart Technology Across U.S. Grocery Stores
Seattle-based startup Veeve raised $6.7 million to expand its smart shopping cart technology, which helps shoppers scan and pay without checkout lines, to more grocery stores. Founded by former Amazon managers in 2018, Veeve currently deploys smart carts at four U.S. retail chains and plans to release a lighter, larger-capacity cart as well as a Plug & Play device for traditional carts.
Seattle Grocery Retail Tech Startup Swiftly Raises $100M Series C, Reaches $1 Billion Valuation
Seattle-based retail software startup Swiftly raised $100 million in a Series C round led by BRV Capital Management, reaching a $1 billion valuation. Swiftly provides grocery stores with branded apps to enhance shopping experiences and gather valuable customer data, serving 22,500 stores and capturing about 10% of the U.S. grocery marketplace.
Seattle Startup Veeve Launches Attachment to Turn Regular Carts into Smart, Checkout-Free Carts
Seattle startup Veeve has developed a new attachment that converts regular shopping carts into smart carts with built-in sensors and displays, aiming to expand their checkout-free technology from grocery stores to big-box retailers. The device, announced at the Groceryshop conference, offers the same functionality as Veeve's original smart cart but without a scale, making it compatible with most carts.
Seattle Startup Veeve Partners with Albertsons to Launch Smart Shopping Carts in Dozens of Stores Nationwide in 2023
Seattle-based startup Veeve, founded by ex-Amazon engineers, is partnering with Albertsons to roll out its smart shopping carts in dozens of stores nationwide later this year, enabling checkout-free shopping. The carts feature touchscreens, integrated scales, and loyalty program integration, aligning with the growing trend toward contactless, cashierless retail experiences.
Swiftly raises $100M Series B to help grocers including Family Dollar and The Save Mart compete with Amazon
Seattle startup Swiftly raised $100 million in a Series B to provide grocers like Family Dollar and The Save Mart Companies with apps and software that speed in-store shopping, enable mobile checkout, schedule deliveries, and sell advertising across about 10,000 store locations.
Startup Haven launches Startup Haven Ventures, adds Westerdal, Yu and Mbemba; PSL promotes three; Adam Selipsky named AWS CEO
Startup Haven, founded by Bob Crimmins, launched Startup Haven Ventures and expanded its team to include Jay Westerdal, Arry Yu and Claudius Mbemba; the fund targets pre-seed, capital-efficient companies with a Pacific Northwest focus and made its first investment in Verdi. Seattle’s Pioneer Square Labs promoted Palvi Mehta, David Zager and Ben Gilbert; separately, Tableau CEO Adam Selipsky will become AWS CEO, replacing Andy Jassy.
Amazon launches Dash Cart, putting it in direct competition with Veeve co-founded by ex-Amazon engineers Shariq Siddiqui and Umer Sadiq
Amazon announced a Dash Cart that directly competes with Veeve, the Seattle-area smart shopping cart startup founded by former Amazon employees Shariq Siddiqui and Umer Sadiq, but the announcement has also driven increased interest in Veeve from regional and national retailers. Veeve’s cart uses QR logins, sensors and cameras to identify items and enable checkout-free shopping, a market validated further by pandemic-driven demand for contactless experiences.
