A new online account launches today that can advice consumers accumulate clue of all purchases from any banker that provides an cyberbanking receipt. Activity Slice provides a chargeless appliance anchored into the new Yahoo Mail advancement alleged “All My Purchases” will accumulated all cyberbanking receipts, almanac acquirement history over time clue shipments.
The ambition is to accompany all of the disparate receipts from agenda or concrete appurtenances that consumers buy into one simple location. This may not assume like abundant of an addition at aboriginal glance but the adeptness to handle all kinds of abstracts advancing from altered sources is a difficult abstruse challenge.
“The botheration was how do you booty all of this disparate advice and put it into a semantic belvedere with a classification that consumers can understand,” said CEO and co-founder Scott Brady. “The accomplished catalyst abaft the architectonics comes from eight billion cyberbanking receipts.”
The Activity Slice accession has been alive for a year on this botheration and aloof about every affiliate of the 25-person accession has some array of engineering degree, including the managers. The engineers appear from all over the abode including aloft leaders at MySpace, AOL and Yahoo.
“What we accept created is a parsing engine,” said Brady. “What were are aggravating to do is booty all this baggy elements from beyond the customer mural and about-face it into structured.”
The “All My Purchases” app will be the top app amid featured casework that are displayed the again new adaptation of Yahoo Mail (above Flickr, Evite and Calendar). It can be chip with Gmail with advice apparent through the Activity Slice homepage, not anchored in the inbox like Yahoo. Mobile applications are accepted as well.
It will be able to cull in advice from added than 200 retailers to start, including agenda retailers like the Android Market or iTunes. It will not alone appearance receipts but be able to breach bottomward purchases into their best diminutive items as well.
The activity is agnate to what Mint.com did back it was bought by Intuit. Activity Slice is allotment of a trend to change how consumers pay for items and clue their receipts and acquirement history. Earlier this anniversary payments startup Square appear a way to pay at concrete merchants via smartphone and clue acquirement history at those merchants through the Square Card Case. Activity Slice does not do payments but the accession of receipts and purchases from a accurate banker is similar.
It is an absorbing activity to be able to augment all receipts into one account as against to aloof stashing them in a binder in your inbox or apathy about them entirely. It is not too far in the approaching back every banker adeptness accommodate cyberbanking receipts, alike grocery stores. Imagine the adeptness for a ancestors to clue all of its grocery purchases, account by item, through an absolute year. There is amount in that abstracts to both consumers and Activity Slice.
That, in turn, explains the $9.4 actor in Series A allotment Activity Splice is accepting from some arresting sources, including Google administrator Eric Schmidt’s adventure arm, Addition Endeavors, DCM, Lightspeed Adventure Partners, Mike Maples’ FloodGate, Michael Birch and Rich Thompson.
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