Israeli developer of smart measuring tools for fashion, DIY and shipping industries is looking for distributors

CommercialIzraelBOIL20200713002
Offers
Summary: 
This Israeli tech company that specializes in innovative measuring technology has developed a platform for apparel, e-commerce, DIY and delivery industries. This solution for online shoppers enables them to measure their real size. They give courier companies opportunity to increase efficiency, with easy tool to measure packages, calculate rates, and optimize distribution process. The company looks for distributors and partners under commercial agency agreement.
Description: 
The Israeli based company specializes in smart measuring tools and has developed a unique sensor-based measurement technology that helps its users in three main sectors: - Fashion retailing for online and physical stores, tools that help customers to measure and fit clothes via their smartphone. - Delivery management with parcel measurement and cost calculation. - DIY projects and home improvements, with revolutionary algorithms that utilize smartphone sensors to accurately measure anything from everyday objects to body measurements useful for interior designers and handy hobbyists. This Israeli company was established back in 2014, and as of today its staff includes 30 employees. The company developed a novel tool for the fashion retail industry, a solution for a perfectly fitted shopping experience, a measuring app for customers to make sure they find the perfect size. Companies who use the app deal with less returns and gain loyal and returning customers who buy more. This is the only product today that by moving the phone can measure the dimensions of the human body, fast and accurate without violating personal privacy (without using the camera!). The tedious task of taking measurements turns fun and easy, the app doesn’t ask shoppers their size- it tells them their size. The app measures the customer using patented algorithm with their smartphone sensors. The solution can be integrated with company’s online store and in the store through mobile terminals of the store’s employees or consumers downloading the app in the store. The company also developed an innovative measurement solution for the package delivery market, a solution that can provide real-time logistic data on package volumes and transportation, resulting in improved operational efficiency and reduced operation expenses. The solution allows delivery companies’ customers and employees to easily measure the size of a parcel with their smartphone (by moving the mobile device around the package the app measure the volume), monitor shipment volumes and calculate shipping costs. Once the apps is installed on the smartphone the company will have increased visibility: monitor the volumes of all parcels and charge clients accordingly, adjust number of distribution vehicles according to real shipments demand and reduce operational costs. The system integrated with ERP (enterprise resource management) systems: barcode scans, image location, geo-location tagging. As of today, the company has more than 50 customers, over 20,000 users in the app and more than a million requests for size matches. The company is already active internationally and has number of sales contacts in the US and Europe and customers in Turkey, Italy, France, Germany and the Netherlands. The company wishes to expand its international activity, and therefore looking for distributors for a long term partnering to join its current network. Partners should be distributors of technology solutions (for example, e-commerce solutions for local customers), partners who have experience working with fashion retailers for online and physical stores, logistic and shipping companies. The company also seek partners with strong connections with: retailers selling fashion, technology companies that build retail platforms, logistics companies, shipping companies, technology companies that develop products for the logistics market to cooperate under commercial agency agreement
Type (e.g. company, R&D institution…), field of industry and Role of Partner Sought: 
The company wishes to further expand the international side of business and therefore looking for reliable distributors, partners should be distributor of technology solutions or partners who have experience working with fashion retailers / logistic / shipping companies. Also, they look for partners who can connect them with their end customers: fashion retailer, technology company that build retail platforms, logistics/ shipping companies, technology companies that develop products for the logistics market to cooperate under commercial agency agreement The potential partners could be small to medium sized enterprises, a long-term partnership is preferred.
Stage of Development: 
Already on the market
Comments Regarding Stage of Development: 
-The parcel measurement solution is already integrated with leading Israeli courier and on more couriers world-wide in pilots’ plans. -The solution for the apparel sector is already integrated in many e-commerce platforms and dozens of stores.
IPR Status: 
Patent(s) applied for but not yet granted,Patents granted,Exclusive Rights,Copyright
External code: 
BOIL20200713002