Startups

White label "scan and go" technology for retail.

Summary

Seedtable Score
  • 50
Locations
Company Size
  • 11 to 50 employees
Last Stage Round
  • Seed

Insights

This section hypothesizes why Ubamarket can be a $10 billion dollar company in 10 years, in 10 lines or less.


Ubamarket, based in London, offers a promising B2B SaaS solution with its "scan and go" technology for the retail sector. This technology allows customers to scan items and pay directly using their mobile devices, addressing shopping pain points like long checkout lines and slow self-service kiosks. By integrating Ubamarket's software, retailers can reduce wait times, improve customer satisfaction, and potentially boost sales. The white-label solution allows retailers to brand it as their own, maintaining customer experience consistency. Supported by IW Capital, Ubamarket is well-positioned to meet the growing demand for frictionless shopping, providing a competitive edge over traditional checkout methods.

Total funding Amount

$6.1M

Fundraising History

  • Feb 20 '24 Seed
    $1.6M
  • Dec 19 '22 Seed
    $980K
  • Feb 01 '21 Seed
    $4M

Investors

  • IW Capital
    Seed