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.
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