About GroundStar

Offline-to-online, scalable, data intelligence solutions platform

Company Overiew

GroundStar is an early-stage technology company that is bringing the same omnichannel personalized experience that shoppers expect online to offline shopping and buying.

Our (patented) integrated smart shelving solutions are central to provide retailers and brands real-time granular data collection (at an item level) to create personalized shopping experiences. This drive sales conversion as well as high fidelity inventory tracking, cashier-less check-out, and deep data analytics leading to increased sales and lower inventory costs while keeping the customer (not the technology) at the center of the solution.

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Traditional physical store retailers have been supplementing their businesses by eCommerce and personalization for many years. So, no matter where your business started online or offline, retailers and brands see the importance of unifying this experience. GroundStar’s patented smart shelving solution creates real-time shopper and commerce data and analytics so retailers can deliver the same online experience shoppers are accustomed to the on-premise experience.

For retailers, GroundStar brings 99% item-level inventory accuracy, 50% reduction in out-of-stocks, a 70% reduction in shrinkage and sales lifts of 2% – 7%.

Problems We’re Solving

An inability to deliver on-premise personalized shopping experiences, i.e. mass customization of “one”
Inventory distortion (at the item level, not just SKU) that costs on average 8% of sales ($1T global problem)
Variable and unpredictable wait time in store checkout

Management Team

Christine Josey – Founder, Chairman of the Board

BS –Institution Management
(U. Tennessee – Knoxville), MPH (U. Michigan)

A senior manager with experience in investor relations, key account management, and corporate patent liaison

Edward Chan – CEO

BS – ChE (Caltech), Ph.D. – ChE (Princeton)

Dr. Chan has over 30 years of international industrial experience with Fortune 500 companies. He has strong track records in platform commercialization, product innovation, intellectual property strategy and development, people development, and business and market development. In the past 5 years, he built business infrastructure for investable business, led operations in 3 early-stage deep technology companies, completed several rounds of professional fund raising, and grew staff 3x.

Mark Pohlkamp – EVP

BS – ME (U. Missouri), MBA (Xavier)

A driven competitor with 20+ years of technology sales and business development including successful exit. They include an Autodesk spin-off (engineering collaboration tools) and a start-up (research and science reference tools) acquired by Elsevier. Most recently he helped launch and exit a healthcare IT recruiting & staffing firm that achieved $60 million in revenues in 4 years. Skilled at creating strategic, innovative programs and partnerships to drive revenues.

Contact

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