The intuitiveness of the algorithms used to deliver Google adsense and Amazon suggestions can seem eerily close to home, but even as good as they are they still sometimes miss grasping what you are really looking for and what you really want to buy. Proximity based coupon apps are great but unless they are generic in nature it’s hard to say what you’re going to buy.
That’s why Boston startup, and Techstars alum, Saverr offers the best couponing proposition to the coupon user. Saverr gives you coupons based on what you actually buy based on what you actually bought using your receipt.
You know those machines that set next to the register tape at Target and the grocery store? You know the ones that spit out the coupons at the end of your visit? Well Saverr is giving you that machine, inside your phone. Pretty bad ass huh?
Saverr uses your actual receipt, the entire receipt, to give you coupons on the items that you just bought. Most likely you are going to buy them again right?
The idea came about when the Israeli team was trying to create a shopping discovery app of sorts. What they quickly found wasn’t that the world needed another discovery app, but the world needed a money saving app. Their proprietary receipt scanning technology is the back bone of their app.
The best part for the consumer is since Saverr is working on the manufacturer coupon side of the world, you can get coupons based on receipts from all types of stores. You’re not relegated to the store that you’re currently shopping in.
We got a chance to talk to the Saverr team which relocated to Boston for Techstars and is staying around for a while. Check out the interview below: