Overview

Zippin provides checkout-free retail solutions designed for busy environments like airports. Their technology allows retailers to eliminate traditional checkout lines by using a combination of proprietary software and hardware. Customers can shop and leave without waiting in line, which enhances their shopping experience and saves time. Retailers benefit from this system as it can lead to increased revenue and lower labor costs. Zippin operates on a licensing model, generating income through fees and service agreements with retail partners. The company's goal is to become the main platform for automated stores, promoting frictionless shopping experiences in various locations, including major airports and sports venues.

Simplify's Take

What believers are saying

• Zippin's partnership with LEGOLAND shows potential in theme park retail expansion.
• Checkout-free self-serve draft experience with DraftServ opens new opportunities in food and beverage.
• Zippin's technology at Towson University highlights potential in educational institutions.

What critics are saying

• Amazon's Just Walk Out technology poses significant competition to Zippin.
• Privacy concerns over AI and camera use may affect customer acceptance.
• Technical failures in high-tech infrastructure could disrupt Zippin's operations.

What makes Zippin unique

• Zippin offers checkout-free technology using AI and sensor fusion for accuracy.
• Founded by veterans from Amazon and SRI, Zippin has deep retail tech expertise.
• Zippin's platform is tailored for busy airports and sports venues, enhancing customer experience.

Help us improve and share your feedback! Did you find this helpful?

YesNo

Funding

Total Funding

$44M

Below

Industry Average

Funded Over

3 Rounds

$30,000,000

Series B

Sep 2021

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.

Series B Funding Comparison

Below Average

Industry standards

Ind Avg. $35M

$4M

$30M

$30M

$45M

$65M

$100M

View all funding stages