The Small Market runs fully autonomous minimarkets placed inside residential condominiums, targeting buildings with more than 150 units and offering curated assortments based on resident profiles. The company uses off-the-shelf hardware (tablets, cameras, barcode readers) and internally developed software, including AI-driven product curation and dynamic pricing. It launched operations in Miami in March and reported the first unit reached breakeven within the first month, with revenue currently coming from margins on product sales. The founders estimate a payback period of about 24 months for the initial investment and noted average transactions are 1–2 items with demand peaks in the morning and around 20:00–21:00. The company plans to operate its first ten units directly, with nine additional openings planned in 2026, and is evaluating future growth models with local operators while declining to sell alcohol initially due to licensing complexities.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

May 2026