RADAR

RADAR

RFID technology for retail inventory management

About

GoRadar.com provides RFID (Radio Frequency Identification) technology solutions for the retail industry. Their system combines hardware and software to enable real-time tracking of inventory, allowing retailers to monitor every item in their store with high accuracy. This technology supports autonomous retail experiences, including streamlined checkout processes. GoRadar.com differentiates itself from competitors by offering a fully integrated solution that includes ongoing support and updates, ensuring clients benefit from the latest advancements. The company's goal is to enhance inventory management and customer experience for retailers, helping them operate more efficiently and respond effectively to market demands.

Company Stage

Debt Financing

Employees

51-200

Industries

Industrial & Manufacturing, AI & Machine Learning, Consumer Goods

Total Funding

$30.2M

Headquarters

New York City, New York

Founded

2013


Simplify Jobs

Simplify's Take

What believers are saying

  • RADAR secured $30 million in Series A funding, boosting its growth potential.
  • The demand for contactless shopping solutions aligns with RADAR's autonomous checkout capabilities.
  • RADAR's partnership with American Eagle expands its market presence in the U.S.

What critics are saying

  • Increased competition from companies like Impinj and Avery Dennison in RFID technology.
  • Potential privacy concerns could lead to stricter regulatory compliance requirements.
  • Economic downturns may affect retail clients' budgets for technology investments.

What makes RADAR unique

  • RADAR offers a unique blend of RFID and computer vision technologies.
  • The platform provides real-time tracking and autonomous checkout solutions for retailers.
  • RADAR's technology enhances in-store customer experience by integrating physical and digital shopping.

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Growth & Insights
Headcount

6 month growth

14%

1 year growth

21%

2 year growth

94%

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