# SBOT Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sbot-technologies

- Industry: Software
- Headquarters: Manhattan, US
- Website: www.caper.ai
- Total disclosed funding: $13M
- Latest round: Series A (Jul 22, 2019)
- Investors on record: 12

## About

Based in New York, US, and founded in 2015, SBOT Technologies Inc., trading as Caper Inc., operates as a retail automation technology company. Lindon Gao (CEO), York Yang, Yilin Huang, and Ahmed Beshry are the co-founders of the company. In 2019, Caper Inc. raised USD 10 million in series A funding led by new investor Lux Capital Management, with participation from another new investor, Red Apple Group Inc. In October 2021, Maplebear Inc. acquired Caper Inc. for USD 350 million in cash and shares.

The company is a provider of smart self-checkout carts called "Caper Carts," powered by artificial intelligence that automatically detects items in the cart. The company also enables shoppers to pay directly in the cart with a credit or debit card or mobile payment and skip long lines at the cashier. It also provides AI-powered checkouts called "Cape Counter" for small-format stores. The counter offers features like screen promotions, transaction history, digital receipts, theft prevention, and image collection mode.

## Funding rounds

- Series A, Jul 22, 2019, $10M — First Round Capital, Lux Capital, Y Combinator, FundersClub, HCVC, Sidekick Fund, Red Apple Group
- Seed, Jan 10, 2019, $2.1M — First Round Capital, Y Combinator, FundersClub, Precursor Ventures, HCVC, Sidekick Fund, REDO Ventures, Cogito Capital
- Seed, Jan 1, 2016, $0.8M — Y Combinator, BR Venture Fund, Interaction Ventures

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A
- BR Venture Fund (https://capitalatlas.ai/funds/br-venture-fund) — Seed
- Interaction Ventures — Seed
- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Seed, Series A
- FundersClub (https://capitalatlas.ai/funds/fundersclub) — Seed, Series A
- Precursor Ventures (https://capitalatlas.ai/funds/precursor-ventures) — Seed
- HCVC (https://capitalatlas.ai/funds/hcvc) — Seed, Series A
- Sidekick Fund — Seed, Series A
- REDO Ventures (https://capitalatlas.ai/funds/redo-ventures) — Seed
- Cogito Capital — Seed
- Lux Capital (https://capitalatlas.ai/funds/lux-capital) — Series A
- Red Apple Group — Series A
