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 113 active competitors, including 36 funded and 12 that have exited. Its top competitors include companies like Zippin, Caper 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
- 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
Investors
Ranked
6th among 113 active competitors
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:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 09, 2022 | 7002850 | Series B | 6467569 | 1108816 | 3158720 | 4901885 |
Jul 13, 2021 | 9193681 | Series B | 3618133 | 8079106 | 8793515 | |
May 14, 2020 | 5699214 | Series A | 9955412 | 1337452 |
View details of Shopic's funding rounds and investors
Shopic's founders and board of directors
Founder? Claim ProfileHere are the details of Shopic's key team members:
- Raz Golan: Co-Founder & CEO of Shopic. Contact Info: 1 email address
- Eran Kravitz: Co-Founder & CTO of Shopic. Contact Info: 1 email address
View details of Shopic's Founder profiles and Board Members
Shopic's employee count trend
Shopic has 85 employees as of Jul 26. Here is Shopic's employee count trend over the years:
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Shopic's Competitors and alternates
Top competitors of Shopic include Zippin, Caper and MishiPay. Here is the list of Top 10 competitors of Shopic, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Zippin 2018, San Francisco (United States), Series B | Provider of an AI platform for checkout-free shopping experiences in stores | $45M | 68/100 | |
2nd | Caper 2015, Brooklyn (United States), Acquired | Provider of AI-powered shopping carts and related retail technology solutions | $12.7M | 63/100 | |
3rd | MishiPay 2015, London (United Kingdom), Series B | Provider of mobile self-checkout solution for consumers | $17.2M | 62/100 | |
4th | Standard 2017, San Francisco (United States), Series C | Platform offering AI-enabled automated checkout software solutions for offline retailers | $236M | 60/100 | |
5th | V7 2018, London (United Kingdom), Series A | Developer of automated artificial intelligence software for financial investment workflows | $36M | 60/100 | |
6th | Platform offering AI-based smart cart self-checkout solution for businesses | $56M | 67/100 | ||
7th | Three Square Market 1995, Hudson (United States), Acquired | Micro-market technology solutions provider | - | - | 54/100 |
8th | Accel Robotics 2015, San Diego (United States), Series A | Provider of AI-based automated checkout solutions for offline retailers | $35M | 51/100 | |
9th | Mashgin 2013, Palo Alto (United States), Series B | Developer of an AI-powered platform for streamlining retail checkout processes | $75M | 51/100 | |
10th | Supersmart 2014, Rosh Haayin (Israel), Series A | AI-based autonomous checkout solutions for retail businesses | $20M | 48/100 |
Looking for more details on Shopic's competitors? Click here to see the top ones
Shopic's Investments and acquisitions
Shopic has made no investments or acquisitions yet.
News related to Shopic
Media has covered Shopic for 1 event in last 1 year, It was about people movement.
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Shopic Appoints Chairman and COO to Scale Item-Level Vision AI and Self-Checkout Loss PreventionGlobeNewswire•Jul 29, 2026•Shopic
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Smart Shopping Cart Startup Raises $35MIoT World Today•Jan 08, 2025•Shopic, Qualcomm Ventures, Vintage Investment Partners, Clal Insurance and 3 others
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Shopic has announced the appointment of Gonzalo Troncoso as their new CFO.Sme Bulletin•Dec 16, 2024•Shopic
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Intermarché partners with Shopic and Capgemini to pilot AI powered smart carts at retailer’s store in FranceRetail Technology Innovation Hub•Nov 08, 2024•Shopic, Capgemini
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Smart cart tech firm Shopic bags $35M in fundingRetail Dive•Aug 10, 2022•Shopic, Qualcomm Ventures, Vintage Investment Partners, Clal Insurance and 7 others
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Shufersal Deploys Israeli AI-Based Smart Cart Solution ShopicNoCamels•Dec 14, 2021•Shufersal, Shopic
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Israeli Startup Shopic Offers Shopping Cart SolutionsCAESARS INTERACTIVE ENTERTAINMENT (UK) LIMITED•Jul 14, 2021•Shopic
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Shopic Nabs $10M Investment To Expand Use Of Smart Cart TechNoCamels•Jul 13, 2021•Shopic, Claridge Israel, Entree Capital, IBI Tech Fund and 2 others
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Shopic Raises $7.6 Million Series A for its Cashierless Checkout TechThe Spoon•May 15, 2020•Shopic, IBI Tech Fund, Entree Capital
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