Buy Buddy

company

About

Buy Buddy is an end to end solution for retailers to democratize easy check-out and manage in-store inventory.

  • 1 - 10

Details

Last Funding Type
Seed
Last Funding Money Raised
$50K
Industries
Analytics,Hardware,Internet of Things,Retail Technology,SaaS
Founded date
Jul 1, 2015
Number Of Employee
1 - 10
Operating Status
Active

Buy Buddy is the maker of Hitag, the smart apparel security tag and the connected analytics platform, that help the retailers manage inventory, customer behavior and employee efficiency.

Hitag gives customers the option to automatically self-checkout on their phones, without the hassle of having to wait in line, while giving the dynamic inventory data to the store managers and the detailed analytics/reporting to the retailers.


Beyond replacing the known RFID security against theft, Buy Buddy allows customers to directly pay through their mobiles and check out, skipping the queues at cash counters. Hitags collect in-store customer behavior, in-depth inventory data, dynamic employee performance, and product efficiency for retailers. The Buy Buddy platform in turn presents this data and reporting to companies in real-time.

Buy Buddy is an end to end solution for retailers to democratize easy check-out, manage in-store inventory and make informed merchandising decisions based on dynamic data.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$50K
Buy Buddy has raised a total of $50K in funding over 2 rounds. Their latest funding was raised on Apr 19, 2018 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 19, 2018 Seed 1 Detail
May 2, 2017 Seed $50K 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Buy Buddy is funded by 1 investors. 500 Global are the most recent investors.
Investor Name Lead Investor Funding Round
500 Global Seed