Shopic Technologies
Latest round
- Series B
Last raised
- Aug 2022
Total raised
- $45M
Investors
- 9
About Shopic Technologies
Founded in 2016 and headquartered in Tel Aviv, Israel, Shopic Technologies Ltd. focuses on transforming retail through AI-powered solutions.Shopic's primary offerings revolve around its AI-powered computer vision solutions designed to enhance the retail shopping experience and streamline store operations. The core products include the Vision-Powered Loss Prevention system, which utilizes real-time item-level recognition to address shrinkage and fraud at self-checkout points, and the Vision-Powered Smart Cart, a clip-on device that transforms standard shopping carts into smart carts that provide instant item recognition and facilitate frictionless checkout. Additionally, Shopic offers Retail Media solutions that enable targeted advertising within stores, and Store Analytics tools that deliver real-time insights on customer behavior and inventory management.Shopic generates revenue through partnerships with retail clients, where its products are integrated into existing store infrastructures. The company operates on a B2B model, providing its AI solutions to retailers who pay for the deployment and usage of these systems. Transactions typically involve subscription agreements for ongoing software support and analytics services, alongside potential revenue-sharing arrangements for Retail Media offerings. The company’s flagship products, such as the Vision-Powered Smart Cart and Loss Prevention solutions, are priced to reflect their value in reducing operational costs and enhancing customer experiences.In August 2022, Shopic Technologies Ltd. The company is focused on launching new products that enhance retail experiences and is exploring expansion into additional markets across Europe and Latin America by 2024.
Who invested in Shopic Technologies
9 investors across 5 rounds
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Questions about Shopic Technologies
Who invested in Shopic Technologies?
Shopic Technologies has 9 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Shopic Technologies raised?
Shopic Technologies has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Shopic Technologies last raise money?
Shopic Technologies's most recent round on record is a Series B, in Aug 2022.
What does Shopic Technologies do?
Founded in 2016 and headquartered in Tel Aviv, Israel, Shopic Technologies Ltd.
Where is Shopic Technologies headquartered?
Shopic Technologies is headquartered in Tel Aviv, Israel.
Which VCs invest in companies like Shopic Technologies?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Shopic Technologies's stage. Their profiles are linked below.
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