Leav Raises $2.3M for Innovative Mobile Self-Checkout Solution

Photo Credit: Leav

MONTREAL, December 8, 2023 (VSNewsNetwork.com) - Montreal-based startup, Leav, has announced its securing of $2.3M in seed funding from venture capital fund Exo10.vc. Their goal is to revolutionize the retail experience with its mobile self-checkout technology. Leav's innovative solution allows customers to scan and pay for items using their mobile devices, offering a fast and efficient checkout process.

Olivier Roy, co-founder & CEO of Leav, highlighted the investment's significance. “Now, securing an investment from a prestigious group of renowned entrepreneurs and investors like Exo10.vc not only propels our growth trajectory but also enables us to assemble an exceptional team and instills a heightened sense of confidence in the market, reinforcing their commitment to partnering with Leav. I couldn’t be more proud of our team, and really can’t wait for what 2024 has to bring.”

Nicolas Bouchard, President of Exo10.vc, praised Leav's potential. "The first time I met Olivier and the Leav team, and used their scan, pay & go technology, I knew they had what it took to execute on their mission and become leaders in the rapidly growing self-checkout industry. We couldn’t be prouder to join forces & help them achieve their next milestones.”

The funds will be used for market penetration, enhancing customer relationships, and further developing the product to deliver value across the composable commerce ecosystem.

Leav, positioned as a disruptor in the retail technology industry, aims to enhance the shopping experience through efficiency, convenience, and innovative technologies. The company also powers Canada's first unmanned store.

For more information, visit www.leav.co and www.exo10.vc.

Source: Leav via Newswire