RADAR - About the company
RADAR is a series B company based in New York City (United States), founded in 2013 by Spencer Hewett. It operates as a Provider of RFID and computer vision technology for retail inventory management. RADAR has raised $233M in funding from investors like Align Ventures, Y Combinator and Founders Fund, with a current valuation of $*****. The company has 138 active competitors, including 17 funded and 14 that have exited. Its top competitors include companies like Everseen, Syrup and Autone.
Company Details
Provider of RFID and computer vision technology for retail inventory management. The technology aims to improve inventory accuracy and speed in retail environments. It offers real-time tracking of items within a store. The system supports autonomous checkout and provides insights into customer-product interactions. It helps retailers manage inventory and fulfill e-commerce orders.
Key Metrics
Founded Year
2013
Location
New York City, United States
Stage
Series B
Total Funding
$233M in 11 rounds
Latest Funding Round
Post Money Valuation
$***** as on May 19, 2026
Investors
Ranked
2nd among 138 active competitors
Employee Count
240 as on Aug 31, 2026
Similar Companies
Legal entities associated with RADAR
RADAR is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AUTOMATON, INC. CIN: 4940036 , United States, Active | May 03, 2016 | - | 85 (As on Dec 31, 2024) | - |
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RADAR's funding and investors
RADAR has raised a total funding of $233M over 11 rounds. Its first funding round was on Jan 01, 2013. Its latest funding round was a Series B round on May 19, 2026 for $*****. 3 investors participated in its latest round. RADAR has 20 institutional investors.
Here is the list of recent funding rounds of RADAR:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 19, 2026 | 4185220 | Series B | 8664216 | 7010635 | 8746510 | 1874287 |
Jul 11, 2024 | 5474682 | Convertible Debt | 1182751 | 1598229 | 3201778 | 5654171 |
Nov 30, 2023 | 7318421 | Conventional Debt | 3843544 | 8053701 | 4278394 | 7086369 |
View details of RADAR's funding rounds and investors
RADAR's founders and board of directors
Founder? Claim ProfileThe founders of RADAR is Spencer Hewett. Spencer Hewett is the CEO of RADAR.
Here are the details of RADAR's key team members:
- Spencer Hewett: Founder & CEO of RADAR. Contact Info: 1 email address
View details of RADAR's Founder profiles and Board Members
RADAR's employee count trend
RADAR has 240 employees as of Aug 26. Here is RADAR's employee count trend over the years:
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RADAR's Competitors and alternates
Top competitors of RADAR include Everseen, Syrup and Autone. Here is the list of Top 10 competitors of RADAR, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of vision AI platform for retail loss prevention solutions | $84.3M | 62/100 | ||
2nd | RADAR 2013, New York City (United States), Series B | Provider of RFID and computer vision technology for retail inventory management | $233M | 59/100 | |
3rd | Syrup 2020, Cambridge (United States), Acquired | AI-based inventory management solutions for retailers and brands | $24.8M | 52/100 | |
4th | Provider of an AI platform for inventory and stock management | $23.8M | 48/100 | ||
5th | INTURN 2013, New York City (United States), Acquired | Provider of excess inventory management solution | $90M | 47/100 | |
6th | Skupos 2016, San Francisco (United States), Acquired | SaaS based ERP software and solutions for multi industries | $58.1M | 46/100 | |
7th | AI based automated inventory optimization for offline businesses | $15M | 45/100 | ||
8th | DDI System 2002, Newtown (United States), Unfunded | Order and inventory management software solutions for multi-channel sellers | - | - | 44/100 |
9th | Datascan 1970, Carrollton (United States), Funding Raised | Solution as a service for self scan inventory | - | 44/100 | |
10th | Cloud-based business intelligence platform for retailers | $11.6M | 42/100 |
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RADAR's Investments and acquisitions
RADAR has made no investments or acquisitions yet.
Reports related to RADAR
Here is the latest report on RADAR's sector:
News related to RADAR
Media has covered RADAR for a total of 4 events in the last 1 year.
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RADAR has raised $170 Million in new Series B Fundingintelligence360•Jun 03, 2026•Align Ventures, RADAR, Gideon Strategic Partners, Nimble Partners
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Retail Tech Startup Radar Secures $170 Million Funding RoundPYMNTS.com•May 19, 2026•Gideon Strategic Partners, Nimble Partners, RADAR, Radar and 1 other
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RADAR Launches AI Data Analytics Platform for Real-Time Store IntelligenceRetail Technology Innovation Hub•Jul 03, 2025•RADAR
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Old Navy Partners with Radar to Enhance Customer Experience Using AI-Powered RFIDRetailCustomerExperience•Apr 04, 2025•Gap, RADAR
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Gap's Old Navy taps RADAR to implement real-time inventory tracking tech into 1,200+ US storesRetail Technology Innovation Hub•Mar 27, 2025•Gap, RADAR, Radar Technology
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Radar Appoints Apple And Microsoft Veteran Zach Little As Chief Technology OfficerBusiness Wire•Jul 23, 2024•RADAR, Apple, Microsoft
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RADAR Named to Fast Company’s Third Annual List of the Next Big Things in TechBusiness Wire•Nov 28, 2023•RADAR
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RADAR Secures $30 Million in Series A Funding Round Led by Align VenturesGlobal Fintech Series•Jul 18, 2023•RADAR, RX Ventures, Lojas Renner, Align Ventures
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Radar Raises $30M in Series A FundingFinSMEs•Jul 14, 2023•RADAR, Align Ventures, RX Ventures, The Ferrante Group and 1 other
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