Founder in Residence (Autonomous Sales for Brick & Mortar Retail)

Founder in Residence (Autonomous Sales for Brick & Mortar Retail)

What is Menyala

Menyala is a venture builder founded by Temasek, a global investment firm headquartered in Singapore. We empower builders to drive technological shifts.

What is the role

As the FIR, you will spearhead the exploration, definition, and early execution of an agent economy venture. With the freedom to shape the concept and execution, you’ll guide the venture from problem identification through validation, prototype, and MVP phases. You’ll collaborate with Menyala’s advisors, insurance experts, and technologists to test assumptions, refine product-market fit, and build a foundation for scalable growth.

B&M retail stores are in a battle with online retailers. While it offers a lot of conveniences, local businesses still offer customer benefits like unique local inventory and specialized service. Consumers increasingly value the ability to interact with brands across multiple channels, including in-store & various digital channels, presenting a challenge for brick-and-mortar stores to engage and manage customers effectively. We believe that consumers will continue to seek personalized, multi-channel shopping experiences, combining the best of physical and digital retail.

Options for bringing B&M retail online have been mostly limited to website builders, but marketing and sales channels are skyrocketing, making it a full-time job to manage effectively. Current AI solutions focus on larger retail stores with strong customer brand awareness who can invest in omni-channel strategies, but there is a gap in connecting consumers with local retailers.

Autonomous Agents make it possible for B&M retail to offer personalized proactive experiences reaching customers in their digital channel of choice. By integrating AI agents, B&M stores can create a hybrid shopping experience to compete against growing e-commerce threats, combining personalized service with unique, local inventory.

As a Founder-in-Residence, you'll work alongside:

• Veteran Venture Architects who've built and scaled successful companies
• Product and Engineering teams with deep domain expertise
• Industry advisors who understand market dynamics and opportunities
• A network of potential customers, partners, and investors

• Structured venture-building methodology to validate and launch your concept
• Full stack of resources to accelerate from idea to funded company
• Clear path to seed funding for validated opportunities
• Deep expertise in Financial Services and Web3 markets

• Seasoned founder ready for their next venture
• Industry veterans with deep market insights
• Technical leaders who understand scalable solutions
• Domain experts passionate about solving real problems