AI-Driven Retail Tech Gains Traction
Retailhub, a UAE-based SaaS platform, has secured an investment from Angelspark. These funds will accelerate its expansion across the UAE and beyond. While the investment amount remains undisclosed, this backing positions Retailhub to enhance its platform. Not just that, it will help it strengthen key partnerships. And, in effect, scale operations in the competitive grocery retail sector.
Daniel Alimov and Roman Tikhonov founded Retailhub in 2022. The platform focuses on reshaping grocery retail through AI-powered shelf analytics. It streamlines inventory management, helping retailers optimize stock levels, improve on-shelf availability, and reduce out-of-stock occurrences—all in real time.
RetailHub enables Smarter Inventory, Better Shopping
Retailhub’s innovative platform connects point-of-sale systems (POS) with aggregators. This automatically updates stock and consolidates orders into one easy-to-manage application. Retailhub provides grocery retailers with real-time insights into shelf performance using advanced AI tools. Along with that, it empowers them to make informed decisions. These smarter decisions in turn improve operations and the shopping experience.
This efficiency translates into key business wins:
- Higher average basket sizes
- Improved stock availability
- Reduced food waste, a growing priority for sustainable retail
Retailers and CPG (consumer packaged goods) companies alike benefit from this tech-driven solution, which addresses pain points like waste management and customer satisfaction.
Scaling Innovation in Grocery Retail via RetailHub
AngelSpark’s investment will fuel Retailhub’s mission to expand its footprint in the UAE and enter new markets. This funding will also help enhance the platform’s AI capabilities, ensuring that the company stays ahead in the fast-evolving retail technology space.
“Retailhub is committed to transforming grocery retail by delivering smarter inventory management and real-time insights,” said Daniel Alimov, co-founder of Retailhub. “This investment is a big step toward our goal of driving efficiency, reducing waste, and enhancing customer satisfaction.”
A Bright Future for Retail Tech
With the UAE emerging as a hub for tech innovation, Retailhub is positioned as a pioneering force in the region’s retail sector. The company’s ability to leverage technology to solve practical problems—like inventory mismanagement and food waste—reflects its potential to lead the industry in the Middle East and North Africa (MENA) region.
By bridging the gap between POS systems, aggregators, and retailers, Retailhub is creating a unified solution for a traditionally fragmented sector. With Angelspark’s support, Retailhub is ready to scale its impact and drive the future of grocery retail in a more sustainable and customer-focused direction.
