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About RADAR
Industries
Industrial & Manufacturing
AI & Machine Learning
Consumer Goods
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$61M
Headquarters
New York City, New York
Founded
2013
Overview
GoRadar.com provides RFID (Radio Frequency Identification) technology solutions for the retail industry, focusing on inventory management. Their system combines hardware and software to enable real-time tracking of items in stores, allowing retailers to monitor inventory movements accurately. This technology supports autonomous retail experiences, including self-checkout options, which enhance customer convenience. GoRadar.com differentiates itself from competitors by offering a fully integrated solution that combines RFID with computer vision, providing retailers with detailed insights into product locations and customer interactions. The company's goal is to improve efficiency and responsiveness in retail operations, helping businesses reduce costs and adapt to market demands.
Simplify's Take
What believers are saying
- Partnership with Old Navy enhances RADAR's market presence and credibility.
- $30 million Series A funding boosts RADAR's growth and innovation potential.
- Growing demand for 'phygital' experiences aligns with RADAR's technology offerings.
What critics are saying
- Emerging RFID companies increase competition, threatening RADAR's market share.
- Rapid tech advancements could render RADAR's offerings obsolete without continuous innovation.
- Economic downturns may reduce demand for RADAR's solutions as retailers cut costs.
What makes RADAR unique
- RADAR combines RFID and computer vision for real-time inventory tracking.
- The platform offers autonomous checkout, eliminating traditional checkout lines.
- RADAR provides insights into customer behavior similar to online retail analytics.
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Funding
Total Funding
$61M
Above
Industry Average
Funded Over
3 Rounds
Founders Fund
Y CombinatorBenefits
Company Equity
Health Insurance
Dental Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
Flexible Work Hours
Parental Leave
Growth & Insights and Company News
6 month growth
↑ 3%1 year growth
↑ 1%2 year growth
↑ 4%Old Navy partners with RADAR to elevate the customer experience with plans for phased roll out of its ai-powered RFID technology.
Old Navy, a brand under Gap Inc., is enhancing its retail operations through a new partnership with American technology company Radar.
RADAR secures $30 million in Series A funding round led by Align Ventures.
Radar, a New York-based provider of a technology platform that combines RFID and computer vision technology to track and precisely locate in-store inventory, raised $30M in Series A funding.
Automaton Inc. dba Radar has filed a notice of an exempt offering of securities to raise $30,000,000.00 in New Debt Financing. Automaton Inc. dba Radar has filed a notice of an exempt offering of securities to raise $30,000,000.00 in New Debt Financing.According to filings with the U.S. Securities and Exchange Commission, Automaton Inc. dba Radar is raising $30,000,000.00 in new funding
RADAR is Hiring for 6 Jobs on Simplify!
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About RADAR
Industries
Industrial & Manufacturing
AI & Machine Learning
Consumer Goods
Company Size
51-200
Company Stage
Debt Financing
Total Funding
$61M
Headquarters
New York City, New York
Founded
2013
RADAR is Hiring for 6 Jobs on Simplify!
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to RADAR