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TakeOff Technologies

Retail Industry Robots
Segments:
Micro-fulfillment
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Product stage:
Growth
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TakeOff Technologies offers automated micro-fulfillment solutions to grocery retailers, co-located at the supermarket level for immediate grocery pickup. The company was founded by José Vicente Aguerrevere and Max Pedró, both of whom have a strong background in retail at Día Día Supermercados and Walmart-giving them unique insights into the needs of their customers.

TakeOff’s technology is able to assemble an order within 15 minutes and deliver groceries quickly and inexpensively for customer pickup. TakeOff also offers a solution where the fulfillment centers are able to set up automated lockers at other pick-up locations that may be more convenient to the customers. On average, TakeOff primary solution costs around USD 4 million to install, but can generate annual revenue of USD 30-50 million.

Key customers and partnerships

TakeOff has partnerships with several retailers in the US (such as Albertsons , Ahold Delhaize, Wakefern, Sedano, Associated Wholesale Grocers, Hy-Vee ), Canada (Loblaw), UAE (Carrefour), Countdown (New Zealand), Australia (Woolworths), and in Uruguay (Tienda Inglesa). The company has 20 centers under construction and over 100 sites under contract as of April 2020.

The company also has a partnership with KNAPP (February 2024), a developer of intelligent warehouse systems, to accelerate hardware and software innovation for e-grocery fulfillment. Under the partnership, the two companies plan to 1) launch a new network-strategy-oriented product portfolio, 2) integrate key functions from commercial to technical teams to streamline the delivery of end-to-end e-grocery fulfillment solutions, and 3) collaborate on other additional R&D initiatives.

Retail Industry Robots

Retail Industry Robots

Key stats
Featured companies
29
Total funding (USD)
2.4 Bn
Total addressable market (USD)
19.3 Bn
Key competitors
 
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Product Overview
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Product Metrics
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Company profile
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EDGE Insights

Automated micro-fulfillment: small structures creating big waves in the ‘new normal’ supply chain

Recent Updates

Partnerships
Feb 27, 2024
Takeoff Technologies and KNAPP expand partnership for e-grocery fulfillment
Retail Industry Robots
Partnerships
Oct 12, 2023
Takeoff Technologies partners with Hy-Vee to launch micro-fulfillment centers at metro locations
Retail Industry Robots
Partnerships
Jan 11, 2023
Albertsons launches new micro-fulfillment center powered by Takeoff Technologies
Retail Industry Robots
Geographic expansion
Partnerships
May 19, 2022
Takeoff Technologies partners with Tienda Inglesa to establish a micro-fuflfillment network
Retail Industry Robots
Product updates
Dec 7, 2021
Albertsons' Jewel-Osco launches first micro-fulfillment center powered by Takeoff Technologies
Retail Industry Robots

Company Brief


HQ location:
203 Crescent Street Suite 304 Waltham MA USA
Founded year:
2016
Employees:
101-250
Total Funding:
USD 146.1 million

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
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