BANGALORE, India – May 10, 2024
Brysk, a leading innovator in checkout-free automation, has secured a coveted spot on the 2024 TIE50 Awards list. This recognition follows their impressive performance as the runner-up at TIEquest 2024, validating the transformative impact of Brysk’s AI-driven technology on convenience stores.
Brysk’s platform enables true checkout-free shopping, allowing customers to grab items and leave without waiting in line or interacting with a cashier. The system uses advanced AI and computer vision to track items taken by customers, automatically processing the transaction without any manual intervention.
For convenience stores, Brysk’s technology translates into significant financial advantages. By removing the need for traditional checkout lines and cashiers, Brysk’s platform reduces labor costs, a major expense for retail businesses. Additionally, the AI-driven system automates inventory management, enhancing product availability and reducing shrinkage.
Brysk’s success story is supported by their September 2023 funding of $150,000 Canadian dollars from Techstars Toronto, a prestigious accelerator program. This investment fuels Brysk’s expansion plans, allowing them to partner with more convenience stores and revolutionize the retail industry.
Brysk’s checkout-free technology is particularly attractive for convenience stores aiming to expand into areas where traditional staffing models pose challenges or incur high costs. By eliminating the need for cashiers, Brysk opens new possibilities for convenience stores to establish additional locations and serve a wider customer base.
Brysk’s award-winning technology, with its focus on efficiency and cost reduction, positions the company as a disruptor in the convenience store industry. Their success at TIEquest 2024, followed by the TIE50 win, underscores the industry’s recognition of Brysk’s innovative approach. With a growing network of partnerships and strategic funding, Brysk is poised to redefine the future of checkout convenience, enabling convenience stores to thrive in an evolving retail landscape.
My grocery shopping has never been easier. Autonomous checkout is amazing.
I can search for whatever I need using the Niflr App or in-store virtual assistant. It tells me exactly where it is. I just love it. I have stopped ordering my groceries online.
It's so simple that my 6-year-old kid can buy what he needs. Simply awesome.
