# Zippedi

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zippedi

- Industry: Retail
- Headquarters: Burlingame, US
- Website: www.home.zippedi.com
- Total disclosed funding: $22M
- Latest round: Series A (Mar 16, 2022)
- Investors on record: 8

## About

Zippedi Inc., based in Burlingame, California, specializes in advanced retail technology that enhances inventory management and optimizes store operations through AI-powered solutions.Founded in 2017 by Alvaro Soto and Ariel Schilkrut, Zippedi Inc. focuses on transforming retail efficiency. The company has raised USD 15.000 mn in Series A funding on March 16, 2022, from investors including Endeavor Catalyst, Gen1 Capital, and Transpose Platform Management. Zippedi has completed a total of 4 deals to date and currently holds a valuation of USD 92.850 mn.Zippedi specializes in advanced retail technology, offering a suite of products designed to enhance inventory management and optimize store operations. Their core offerings include AI-powered robots that navigate stores to capture detailed images of products on shelves, processing over one million photos daily to maintain an accurate digital representation of on-shelf availability. This capability allows for the creation of actionable tasks for stockers, facilitating efficient inventory adjustments and ensuring compliance with planograms. The company primarily serves clients in the retail sector, including home improvement stores, grocery chains, and consumer packaged goods (CPG) businesses, particularly in markets across North America and Europe.Zippedi's revenue model is built around a combination of subscription services and partnerships with retailers and wholesalers. The company offers its flagship products through tailored agreements that allow clients to integrate Zippedi's technology into their existing operations. Revenue is generated through ongoing service fees associated with the use of their AI-driven inventory management tools, as well as potential performance-based incentives tied to improved sales outcomes. Specific pricing plans for these services are structured to cater to the unique needs of each client, ensuring flexibility and scalability in implementation.In March 2022, Zippedi Inc. raised USD 15.000 mn in Series A funding, which will be utilized to accelerate the onboarding of new customers and build out a comprehensive suite of products to enhance retail efficiency and shopper satisfaction. The company plans to expand its operations into new markets, particularly targeting regions across Europe and North America, with further developments expected in the coming years.

## Funding rounds

- Series A, Mar 16, 2022, $15M — Endeavor Catalyst, Transpose Platform Management, Gen1 Capital
- Seed, Sep 7, 2021, $6.9M — ChileGlobal Ventures, Fundacion Chile, FIP Alerce VC, Grep VC, Gen1 Capital
- Seed, Aug 12, 2021, $0.3M — ChileGlobal Ventures, Fundacion Chile
- Seed, Jul 1, 2017, $0.1M — Magical Startups

## Investors

- Magical Startups (https://capitalatlas.ai/funds/magical-startups) — Seed
- ChileGlobal Ventures (https://capitalatlas.ai/funds/chileglobal-ventures) — Seed
- Fundacion Chile — Seed
- FIP Alerce VC — Seed
- Grep VC (https://capitalatlas.ai/funds/grep-vc) — Seed
- Gen1 Capital — Seed, Series A
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series A
- Transpose Platform Management (https://capitalatlas.ai/funds/transpose-platform-management) — Series A