Mobile self-checkout startup Leav bags $2.3 million in seed funding to accelerate market penetration

Leav, a startup in the mobile self-checkout industry, has raised $2.3 million in seed funding, led by Exo10.vc, a venture capital fund steered by serial entrepreneur and investor Nicolas Bouchard, known for founding DuProprio in 1997.

The company’s technology allows customers to scan and pay for items using their mobile devices, eliminating checkout lines.

“We always knew we had total product market fit, so it was natural to get market traction,” says Olivier Roy, Leav’s Co-founder and CEO.

“Now, 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.”

Proceeds of the funds will be used to accelerate market penetration, make a success of existing customer relationships, accelerate partnerships and enhance products to ensure value is delivered across the full composable commerce ecosystem.

"Leav is one of those companies that you rarely see,” says Nicolas Bouchard, Exo10.vc’s President and Founder at DuProprio.

“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 and help them achieve their next milestones.”