Amount Raised
$30 Million
Round Type
Series A
New YorkSoftwareWirelessInvestors
Description
RADAR, the technology platform that combines RFID and computer vision technology to track and precisely locate in-store inventory with 99% accuracy, today announced it has secured $30 million in Series A funding, bringing its total funding to date to $63 million. The round was led by returning investor Align Ventures, with participation from RX Ventures, which is the corporate venture capital fund of South American retailer Lojas Renner, and several other renowned retail investors. RADAR plans to use the new investment to expand its customer roster, accelerate its product development efforts, and hire top engineering, product and sales talent.
Quick answer
RADAR raised $30 Million in a Series A round, dated July 13, 2023. Investors: Ashton Kutcher’s Sound Ventures, Beanstalk Ventures, NTT Docomo, Silas Chou’s Novel Tmt Ventures, Founders Fund Pathfinder, Y Combinator, Leeds Holding and Future Archives. RADAR is based in New York, New York, United States.
- How much did RADAR raise?
- RADAR raised $30 Million in a Series A round on July 13, 2023.
- Who invested in RADAR?
- Ashton Kutcher’s Sound Ventures, Beanstalk Ventures, NTT Docomo, Silas Chou’s Novel Tmt Ventures, Founders Fund Pathfinder, Y Combinator, Leeds Holding and Future Archives are named as investors in this round.
- What does RADAR do?
- RADAR offers a proprietary hardware and software AI-platform that uses RFID and computer vision to turn physical stores into the equivalent of websites.
- Where is RADAR based and how big is it?
- RADAR is based in New York, New York, United States. Fundz records about 189 employees.
- Who are the decision-makers at RADAR?
- Fundz holds 1 contact at RADAR. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Wireless and Software around the same time
Companies in the same sectors as RADAR that raised within 45 days of this round, from Fundz verified event records.
Who to call at RADAR, and when
A new round usually means RADAR is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day RADAR raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at RADAR, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at RADAR. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment RADAR raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Funding Insights
What this usually meansRADAR raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.