Recoshelf

Monitor how well retail sell your product.

With the use of computer vision and IoT. We track key indicators like OOS, OSA, and consumer behavior.

Launched a commercial agreement for queue control, 650 shops chain, first MRR is $500 with $40K potential.

MVP for shelf control is ready

Implement pilot projects.

Global PAM is $35B.
TAM is $3B
SAM is $1B

Retail suffer from the fierce e-commerce competition. Customers become very sensitive to service. Margins shrink. The whole retail business process should be revised.
Up to 20% of time the shelves are empty. There is a potential to earn $500B more if the shelves are full.
We believe the digitized shelf would sell more that lead to increasing of product availability (OSA).

Recoshelf has developed an AI based system to prevent downtime of shelves, controls queues and inappropriate storage conditions. The digital model of the enterprise, which we build on the basis of neural networks, allows us to identify these and other problematic business processes in a timely manner and respond to them.

TRAX is market leader. Other competiors are:
https://vispera.co/
https://www.traxretail.com/
https://planorama.com/
https://intrtl.com/
https://www.softservebs.com/uk/solutions-2/trade-marketing-efektivnij-merchendajzing/
https://shelfierobot.com/#howitworks
http://www.mysales-labs.com/
smartshelf.com
https://www.wiseshelf.com/
www.picsell.ai
Shelfmatch
https://www.observanow.com/

Our advantages are:
1. Little data for machine training
2. Low internal R&D costs
3. Light, affordable IoT camera
4.We don’t charge CAPEX to customers

We project up to 1mil revenue in 2022 due to the existing contract with 300K potential adding other customers we pilot with now.
Cost structure:
COGS 45,94%
G&A 8,91%
R&D 34,52%
Sales and Marketing 10,63%

We build enterprise solutions, license our product with SAAS model
Channel No1: direct sales to C-level
No2: partners
No3: exhibitions

Price level: $10-40 per camera. One shop use may 10, 50, 200 cameras.

COGS: 50%
R&D: 34%
Marketing and Sales: 10%

10% of Estonian entity or convertible.

New technology invention
Monopolization by TRAX
Competition from large ERP/automation companies
Recession

Finished Demium and BuildIT accelerations in 2019-2020
Attended Y incubator School in 2019-2020

1. National USF grant https://usf.com.ua/projects_catalog/
2. Startus "promising starups https://www.startus-insights.com/innovators-guide/discover-7-retail-startups-you-should-watch-in-2021/
3. Amazon award AWS AI CHALLENGE