$100-150k
+ Equity
RFID and computer vision for retail stores
Open for applications
RFID and computer vision for retail stores
101-200 employees
Open for applications
$100-150k
+ Equity
101-200 employees
To help stores find inventory more easily than ever before.
Desirable
Devised after its founder, Forbes 30 Under 30 2022 listed Spencer Hewett spent an excruciating amount of time waiting in line at Victoria’s Secret, RADAR is a computer vision and RFID company helping accelerate retail store stock searches.
Utilizing the developments in computer vision and radio frequency identification, RADAR automates retail store processes, providing stockroom searches with speed and location accuracy. Stores can manage inventory more efficiently through automated inventory counts and more accurate in-store stock replenishment. Ultimately, RADAR aims to eliminate checkout lines altogether.
RADAR’s product not only helps practically and logistically, but gathers data that can help retail companies measure customer-product interactions, providing key insights into their customers' behavior. The substantial funding awarded to RADAR so far is down to how many layers of company processes its tool benefits. RADAR’s 2023 rounds of funding will be used to attract more customers and speed up its product development.
Kirsty
Company Specialist at Welcome to the Jungle
Jun 2022
$15m
LATE VC
Mar 2019
$16m
SEED
Tribeca, New York, NY
Spencer Hewett
(CEO)Named on the 2022 "30 Under 30" list. Co-founded Bazaarboy and is the founder of Skip. Thiel Fellow of the The Thiel Foundation.
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