Photo - kwikkart
60912

kwikkart

USA, California
Market: Electronics, Artificial Intelligence
Stage of the project: Prototype or product is ready

Date of last change: 23.10.2023
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Idea

kwikkart automates checkout for grocery delivery drivers. Our innovative device increases e-commerce efficiency for both retailers and delivery providers by streamlining operations at scale.

Current Status

Currently engaged in partnership and pilot program discussions with the top-2 US Supermarkets (Albertsons, Kroger) and 3 major US Delivery Providers (DoorDash, Shipt, Point Pickup).

Problem or Opportunity

The rapid growth of 3rd party grocery delivery (+26% YoY) has created major challenges for the supermarket industry as in-store shopping is needed to fulfill online orders (hundreds-of-thousands of delivery drivers are shopping in thousands of stores every day). The checkout process is the main cause of inefficient and expensive e-commerce operations.

Solution (product or service)

kwikkart is the first computer vision-powered shopping cart attachment that automates the checkout process for grocery delivery drivers in any store. Our innovative hardware-light device increases e-commerce efficiency by streamlining 3rd-party delivery operations at scale.

Business model

We streamline the payment process and charge a 2% transaction fee for every delivery order serviced using kwikkart (split/paid by Delivery Providers and Retailers).

Incubation/Acceleration programs accomplishment

TechStars NYC (just accepted - confidential)
Alchemist (just accepted)
Berkeley SkyDeck (completed, $200k, 6-month program)
UC Launch (completed, $25k, 3-month program)
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