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Meeting with David Kumaran (Wisy.ai)

Date: 2025-03-31 Participants: Gary Sheng, David Kumaran (Founder & CEO, Wisy.ai) Format: Virtual sync meeting Topics: Wisy.ai updates, AI in retail, America 2.0 Summit collaboration opportunities

Summary

David Kumaran provided updates on Wisy.ai, his AI-powered retail execution platform that's working with major CPG brands to address the $1.7T annual food waste problem. He shared details on their current traction ($5M ARR), fundraising status ($7M raised, $500k remaining to close, planning $20M Series A), and his vision for an autonomous retail execution system by 2030. Gary shared his new role with Joe Liemandt focused on education reform and the upcoming America 2.0 Summit. They discussed collaboration opportunities including potential high-profile introductions for the summit and investment possibilities.

Key Conversation Highlights

Wisy.ai Updates

David:

  • Building Wisy.ai - an AI copilot for brands focused on shelf-level and shopping data
  • Raised $7M, planning $20M Series A end of 2025/early 2026
  • Current ARR ~$5M, targeting $25M
  • Major customers/investors include:
    • Mondelez
    • Ferrero Rocher ($40B company)
    • Coca-Cola
    • Nestle
    • AB InBev
  • Team split between Bay Area and South America
  • Currently has $500k left in current round to close by April

Wisy's Technical Vision

David:

  • Creating autonomous retail execution system by 2030
  • Addressing $1.7T annual food waste problem
  • Building agentic network to replace manual retail data collection
  • Implementing through:
    • APIs
    • Robots
    • IoT devices
    • Cameras
  • Focus on retraining workforce as jobs transition to AI

Gary's Recent Developments

Gary:

  • Completed AI bootcamp in Austin, graduated top of class
  • Secured position with billionaire Joe Liemandt as head of movement building
  • Focus on reshaping education through:
    • Building new schools
    • Integrating AI-first edtech
    • Creating "US Davos" focused on builders
  • Planning July 4th event at Shazam actor Zach Levi's place

Collaboration Opportunities

David:

  • Offered to connect Gary with potential investors and women leaders for the "US Davos" initiative
  • Potential investors/participants suggested:
    • Mark Ruffalo
    • Robert Downey Jr
    • Olivia Wilde (current Wisey investor)
    • Indra Nooyi (former PepsiCo CEO)

Gary:

  • Discussed potential investment from Joe into Wisy
  • Shared alignment on importance of education reform and AI integration

Next Steps

  • David to make introductions to suggested high-profile individuals for America 2.0 Summit
  • Gary to explore potential investment opportunities between Joe Liemandt and Wisy.ai
  • Continue dialogue on shared interests in AI innovation and education reform

Source: Meeting transcript