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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
Ranked
Employee Count
240 as on Aug 31, 2026
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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:lockFilter this list
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
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RADAR's founders and board of directors

Founder? Claim Profile
The founders of RADAR is Spencer Hewett. Spencer Hewett is the CEO of RADAR.
Here are the details of RADAR's key team members:

RADAR's employee count trend

RADAR has 240 employees as of Aug 26. Here is RADAR's employee count trend over the years:
Employee count trend for RADAR
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Everseen
Everseen
2007, Cork (Ireland), Series A
Developer of vision AI platform for retail loss prevention solutions
$84.3M
62/100
2nd
Logo for RADAR
RADAR
2013, New York City (United States), Series B
Provider of RFID and computer vision technology for retail inventory management
$233M
59/100
3rd
Logo for Syrup
Syrup
2020, Cambridge (United States), Acquired
AI-based inventory management solutions for retailers and brands
$24.8M
52/100
4th
Logo for Autone
Autone
2021, Milan (Italy), Series A
Provider of an AI platform for inventory and stock management
$23.8M
48/100
5th
Logo for INTURN
INTURN
2013, New York City (United States), Acquired
Provider of excess inventory management solution
$90M
47/100
6th
Logo for Skupos
Skupos
2016, San Francisco (United States), Acquired
SaaS based ERP software and solutions for multi industries
$58.1M
46/100
7th
Logo for Onebeat
Onebeat
2018, Petah Tikva (Israel), Series B
AI based automated inventory optimization for offline businesses
$15M
45/100
8th
Logo for DDI System
DDI System
2002, Newtown (United States), Unfunded
Order and inventory management software solutions for multi-channel sellers
-
-
44/100
9th
Logo for Datascan
Datascan
1970, Carrollton (United States), Funding Raised
Solution as a service for self scan inventory
-
44/100
10th
Logo for Nextail
Nextail
2014, Madrid (Spain), Series A
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

lockFilter this list
Media has covered RADAR for a total of 4 events in the last 1 year.
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FAQs about RADAR

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