User:Sequential systems/sandbox

TeknTrash is an AI and analytics company which provides consumption data for companies. It created Stipra, a software which manages post-sales data for companies to understand consumer patterns while rewarding users for the products they dispose. The idea is to incentivize proper recycling practices by having companies reward their customers with points they can trade for perks just like a regular loyalty card, while providing companies with consumption data they can use to know their customers better, thereby increasing their sales and thus paying for the service.

Stipra is comprised of a SAAS cloud based portal, an APP, and a network of SmartPODs ("Point of Disposal") able to measure the temperature and weight of products disposed in order to identify partially used ones which indicate consumer disatisfaction.

TeknTrash was founded in 2018 by Al Costa, Namdar Baghaei-Yazdi, and John Quinn initially with the idea of being a service where users would pay a monthly fee to have someone come to their homes pick up the trash to recycle it better, the idea being that most people dislike recycling as there is no actual benefit for them other than a sense of well being. The company then moved into the data scene after realising companies did not have consumption data: only production and sales data, and that meant a lack of proper understanding on consumer dynamics and behaviours.

The company was named "5 green tech start-ups out to change the world in 2021" by Euronews and chosen by the WEF among 30,000 video submissions as "Big idea to change the world"