Countdown to Shoptalk 2019: Startup Pitch Competition Participant Profile, Part 5 — ShoppingGives and Fillogic
Key Points
The Coresight Research team will attend and participate in Shoptalk 2019 March 3-6 in Las Vegas. The event brings together more than 8,000 attendees and more than 300 speakers to discuss rapid evolution of how consumers discover, shop and buy.
On March 3, Coresight Research CEO and Founder Deborah Weinswig will emcee a startup pitch competition featuring 15 early-stage technology companies. Judges will select two winners for a $25,000 prize.
Participating startups all have:
- $3 million or less in funding.
- Four years or less since founding.
- Scalable and innovative solutions for physical retail, omnichannel and e-commerce.
- Business-to-business (B2B) solutions.
Below, we look at two of the companies that will compete: ShoppingGives and Fillogic.
ShoppingGives at a Glance
Designed to inspire positive social impact through everyday purchases, ShoppingGives enables retailers to simplify the process of adding an optional charitable donation during the online checkout process. Retailers can select one or a few charities to support, or leave it to the shopper, offering shoppers an extra incentive to complete the purchase while also creating an authentic charitable giving moment at checkout. Offering shoppers the option to choose the charity gives brands a unique opportunity to gain valuable customer data insight, streamline giving through a fully managed donation process, measure donation spend against bottom-line and personalize the charitable giving experience.
What Problem Is ShoppingGives Solving?
Today’s consumers, especially millennials, have an affinity for brands that make a positive social impact. ShoppingGives helps retailers engage the customer in the corporate social responsibility (CSR) strategy, which drives brand loyalty and customer engagement.
Headquarters
Chicago.
Funding Stage
Seed, $1.2 million.
Business Model
ShoppingGives’ retailer program, Change Commerce, is an SaaS cart technology sold on a subscription basis.
Management Team
Ronny Sage, Founder and CEO, has worked with Fortune 500 retailers and has experience in branding, loyalty and incentives.
Company Outlook
ShoppingGives believes that micro-actions lead to macro-effects, saying “by enabling impact through everyday purchases, we recognize the potential to harness the power of consumption for positive impact.”
Fillogic at a Glance
Fillogic is a logistics-as-a-service platform for retail that is creating a network of tech-enabled, micro fulfillment hubs located in unused space at retail centers. Fillogic’s logistics capabilities let retailers optimize operations from existing stores. The platform offers benefits to transportation providers and commercial property managers as well.
Its logistics capabilities enable retailers to store inventory closer to customers, optimize ship-from-store and better manage inventory, among other benefits.
What Problem Is the Company Solving?
Many retail stores are being asked to perform warehouse-like functions but are equipped to execute all the necessary logistics functions. Fillogic lets retailers use empty space in existing store to expand capabilities. It also lets commercial REITs optimize space use by providing back-end logistics infrastructure to help retail clients best service walk-in and online consumers.
Headquarters
New York City.
Funding Stage
Seed.
Business Model
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Management Team
Bill Thayer, Cofounder and CEO.
Rob Caucci, Cofounder and President.
Company Outlook
Fillogic launched its first hub in late 2018 and is looking to partner with national mall owners. The company has also completed site selection for the next two hubs and hopes to have 10 more within the next 18 months.
