[Funding alert] Canada-based Mobile Self-Checkout Startup Leav Secures $2.3M in Seed Funding

Canada-based Mobile Self-Checkout Startup Leav Secures $2.3M in Seed Funding. Exo10.vc, a venture capital fund managed by well-known investor and serial entrepreneur Nicolas Bouchard—who established DuProprio in 1997—led this round.

The company plans to use the funds to strengthen alliances, expand market penetration, and improve goods while also consolidating current client relationships.

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Leading the way in the development of mobile self-checkout solutions, Leav aims to improve customer shopping experiences while simplifying retail processes for merchants. Customers may use their mobile devices to scan and pay for purchases utilising the company’s revolutionary technology, which eliminates the need for checkout lines.

Olivier Roy, Leav’s co-founder & CEO said, “Now,”We always knew we had total product market fit, so it was natural to get market traction, securing an investment from a prestigious group of renowned entrepreneurs and investors like Exo10.vc not only propels our growth trajectory but also enables us to assemble an exceptional team and instills a heightened sense of confidence in the market, reinforcing their commitment to partnering with Leav. I couldn’t be more proud of our team, and really can’t wait for what 2024 has to bring.”

The funds that are raised will be utilised to increase market share, strengthen current client relationships, forge fresh partnerships, and improve products in order to guarantee that value is provided throughout the entire ecosystem of composable commerce.

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Nicolas Bouchard, Exo10.vc’s President and founder of DuProprio said, “Leav is one of those companies that you rarely see, The first time I met Olivier and the Leav team, and used their scan, pay & go technology, I knew they had what it took to execute on their mission and become leaders in the rapidly growing self-checkout industry. We couldn’t be prouder to join forces & help them achieve their next milestones.”

About Leav

Within the retail technology sector, Leav is a disruptor. We think that a stronger emphasis on effectiveness, convenience, and the application of cutting-edge technologies can improve the shopping experience for both businesses and consumers.

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