RADAR

Private

New York AI-powered retail intelligence platform combining ceiling-mounted overhead sensors with RFID to deliver ~99% accuracy item-level inventory tracking. Deployed across 1,400+ stores including Old Navy and American Eagle. Hit unicorn at $170M Series B in May 2026.

Founders Spencer Hewett

CEO Spencer Hewett

Company

Founded

2013

Headquarters

New York, United States

Financials

Total Funding

$203M

Last Valuation

$1.0B

Sectors

Artificial Intelligence E-Commerce Hardware Enterprise Software

radar.com

Funding History

3 rounds

Series B May 19, 2026

$170M

Valuation: $1.0B

Gideon Strategic Partners (Lead) Nimble Partners Align Ventures

Series A Sep 15, 2018

$30M

Forerunner Ventures (Lead)

Seed Sep 15, 2014

$3M

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.