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Retail Open Innovation Program

Find your best fit techs and become an innovation leader

The Retail Open Innovation Program 

The increasing consumer expectations in shopping experience are pushing the retailers to a massive transformation in which transactions are turning into experiences and products into services.

On top of that, the speed of delivery and easy comparison of pricing are challenging current supply chain models and squeezing the retailer’s profitability. Many are taking the challenge of the omnichannel approach into an opportunity to maximize the customer experience and boost sales. 

In the Open Innovation Program, WiderPool will bring the best early-and-growth stage startups and the largest retailers together to take the retail industry to the next level. We will recommend the right match for you by combining the assesment from our experts with our proven methodology

WiderPool identifies several potential areas, including: 

  • E-Commerce and Mobile Shopping 
  • Omnichannel Analytics 
  • Supply Chain Automation & Tracking 
  • Personalization 

OUr Retail experts

We allocate a top-notch selection committee to qualify the startups for you
Adarsh-Radia

Adarsh Radia 

   

Co-Founder of KITE  & Co-Founder of WiderPool 

 

            

Cesar - Castro

Cesar Castro

 

Co-Founder of Fluid Blockchain Accelerator

 

OUR METHODOLOGY

'Scout & Match' + 'Tailored Global Exploration'
1
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Project Kickoff
Our Open Innovation Program starts with identifying “pain points” of the Insurance companies participants of the program. From that, we will identify the focus areas to be addressed and prioritize the innovation challenges & new growth opportunities and correlated technological verticals & solutions that will guide the scouting of the startups.
2
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Promotion & Scouting
WiderPool will leverage its global partnerships with Key Innovation Hubs and the 80+ Advisory Board members (C-Level Executives) to efficiently scout worldwide for early-and-growth stage insurtechs.
3
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Curation
After the scouting, we conduct an initial analysis from the collected applications to pre-select the best insurtechs that have a fit with the defined focus areas.

+ Tailored Global Exploration

4
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Due Diligence & Analysis
We will further advance in the analysis of the deal-flow by applying our internal methodology followed by a due-diligence of the 10 finalists conducted together with our experts (C-Level executives) in the Insurance market and specific technological verticals to provide a recommendation of the 3 selected finalists per focus area.
5
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Investment
WiderPool may invest from €250.000 to € 1.8 Million in the early-and-growth stage startup(s) chosen by the corporate to start the commercial pilot or partnership. WiderPool investors and experts also have the option to co-invest.
* The Tailored Global Exploration is a continuation of the Scout & Match Program. Should you like to continue partnering with WiderPool, we can provide not only a tailored recommendation of the 3 best-fit startups to you , but also Investment in the startup you select. At this stage, we involve our experts in our due-diligence process.
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PARTICIPATE

Participation is subject to the number of places available
The future of Retail: Perspectives, Insights & Opportunities Watch the full webinar here
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 ready to change the industry?

WiderPool offers the execution of an Open Innovation Program to the corporations that are seeking to leverage their growth & business opportunities by connecting with insurtechs that are changing the industry. By joining the program, you will get an international and qualified deal flow of early-and-growth stage startups that address your growth & innovation challenges.