Shopic

Frictionless Shopping experience for medium and large grocery stores.

General Information
Company Name
Shopic
Founded Year
2016
Location (Offices)
Israel +1
Founders / Decision Makers
Number of Employees
93
Industries
Retail
Funding Stage
Series B
Social Media

Shopic - Company Profile

Shopic is an Israeli startup that offers frictionless shopping experience for medium and large grocery stores. Founded in 2016, the company's unique clip-on device leverages computer vision technology to transform regular shopping carts into smart carts. This innovative approach enables a personalized shopping experience, instantaneous on-cart checkout, and real-time analysis of shopper carts and store shelves. With its recent $35.00M Series B investment on 09 August 2022, Shopic has attracted notable investors such as Qualcomm Ventures, Vintage Investment Partners, IBI Tech Fund, Tal Ventures, Shufersal, and Clal Insurance Enterprises Holdings. Shopic's solutions are not only immediately deployable with minimal store adjustments but also promise a swift return on investment. This startup stands out as one of the few frictionless solutions suitable for medium and large-sized stores, positioning itself as a compelling player in the retail technology sector.

Taxonomy: Retail Technology, Frictionless Shopping, Cashierless Store, Grocery Retail, Smart Cart, Computer Vision, Intelligent Retail Solutions, Online Commerce, Personalized Shopping Experience, In-Store Retail Media, Real-Time Shopper Analysis, Operational Efficiency, ROI, Medium-Sized Stores, Large-Sized Stores

Funding Rounds & Investors of Shopic (8)

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Funding Stage Amount No. Investors Investors Date
Series B $35.00M 6 09 Aug 2022
Venture Round $10.00M 4 13 Jul 2021
Series A Unknown 1 01 Jun 2021
Series A $7.75M 3 14 May 2020
Non Equity Assistance Unknown 1 14 Apr 2020

View All 8 Funding Rounds

Latest News of Shopic

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No recent news or press coverage available for Shopic.

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