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Shopic - About the company

Shopic is a series B company based in Tel Aviv (Israel), founded in 2015 by Raz Golan and Eran Kravitz. It operates as a Platform offering AI-based smart cart self-checkout solution for businesses. Shopic has raised $56M in funding from investors like Qualcomm Ventures, Claridge Israel and IBI Tech Fund. The company has 116 active competitors, including 34 funded and 12 that have exited. Its top competitors include companies like Caper, Mashgin and MishiPay.

Company Details

Platform offering AI-based smart cart self-checkout solution for businesses. It offers a cloud-based business platform designed for grocery stores with frictionless and personalized retail solutions. It offers an AI-powered clip-on device that turns a shopping cart into a smart cart. It uses computer vision to recognize when shoppers add or remove items and then allows them to skip the checkout lines. It also offers an AI-powered loss prevention system that analyzes in real-time numerous behavioral, historical and visual data points.
Website
shopic.co
Social
XFacebook
Email ID
*****@shopic.co
Key Metrics
Founded Year
2015
Location
Tel Aviv, Israel
Stage
Series B
Total Funding
$56M in 4 rounds
Latest Funding Round
Ranked
Employee Count
85 as on Jul 31, 2026
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Shopic's funding and investors

Shopic has raised a total funding of $56M over 4 rounds. Its first funding round was on May 2016. Its latest funding round was a Series B round on Aug 09, 2022 for $*****. 8 investors participated in its latest round. Shopic has 13 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Shopic:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 09, 2022
8962128
Series B
3856460
5618544
6375927
7226428
Jul 13, 2021
9687794
Series B
4126689
2591682
3876131
May 14, 2020
6504896
Series A
4035012
6024251
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Shopic's founders and board of directors

Founder? Claim Profile
The founders of Shopic are Raz Golan and Eran Kravitz. Raz Golan is the CEO of Shopic.
Here are the details of Shopic's key team members:

Shopic's employee count trend

Shopic has 85 employees as of Jul 26. Here is Shopic's employee count trend over the years:
Employee count trend for Shopic
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Shopic's Competitors and alternates

Top competitors of Shopic include Caper, Mashgin and MishiPay. Here is the list of Top 10 competitors of Shopic, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Shopic
Shopic
2015, Tel Aviv (Israel), Series B
Platform offering AI-based smart cart self-checkout solution for businesses
$56M
67/100
2nd
Logo for Caper
Caper
2015, Brooklyn (United States), Acquired
Provider of AI-powered shopping carts and related retail technology solutions
$12.7M
63/100
3rd
Logo for Mashgin
Mashgin
2013, Palo Alto (United States), Series B
Developer of an AI-powered platform for streamlining retail checkout processes
$75M
62/100
4th
Logo for MishiPay
MishiPay
2015, London (United Kingdom), Series B
Developer of modular point of sale and checkout technology systems
$17.2M
62/100
5th
Logo for Edgify
Edgify
2014, London (United Kingdom), Series A
Developer of AI retail solutions for loss prevention and process improvement
$26.9M
61/100
6th
Logo for Standard
Standard
2017, San Francisco (United States), Series C
Platform offering AI-enabled automated checkout software solutions for offline retailers
$237M
60/100
7th
Logo for Zippin
Zippin
2018, San Francisco (United States), Series B
Provider of an AI platform for checkout-free shopping experiences in stores
$45M
59/100
8th
Logo for Supersmart
Supersmart
2014, Rosh Haayin (Israel), Series A
AI-based autonomous checkout solutions for retail businesses
$20M
56/100
9th
Logo for Three Square Market
Three Square Market
1995, Hudson (United States), Acquired
Micro-market technology solutions provider
-
-
54/100
10th
Logo for Grabango
Grabango
2016, Sacramento (United States), Series B
Provider of app-based automated checkout solutions for offline retailers
$79.3M
50/100
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Shopic's Investments and acquisitions

Shopic has made no investments or acquisitions yet.

Reports related to Shopic

Here is the latest report on Shopic's sector:

News related to Shopic

lockFilter this list
Media has covered Shopic for 1 event in last 1 year, It was about people movement.
•
Israeli Startup Shopic Offers Shopping Cart SolutionsCAESARS INTERACTIVE ENTERTAINMENT (UK) LIMITED•Jul 14, 2021•Shopic
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FAQs about Shopic

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