Loading company…
Founded in 2013 and based in New York, US, Automation, Inc., trading under the name Radar, is a company that develops an RFID system for retail operations.
Founded in 2013 and based in New York, US, Automation, Inc., trading under the name Radar, is a company that develops an RFID system for retail operations. The platform allows stores to manage automated inventory counts, on-time item restocking and customer stock checks. The platform also allows the user to measure customer interactions and extracting data based on the transactions to determine customer behavior and product performance. Based in New York, United States, and founded in 2013, RADAR operates as a retail technology and software company. The company was founded by its CEO Spencer Hewett, along with Adam Blair and Michael E. Murphy, and focuses on real-time inventory intelligence for physical retail. In May 2026, RADAR raised $170 million in a Series B funding round, reaching a valuation of approximately $1 billion. RADAR offers a vertically integrated platform combining ceiling-mounted RFID sensors, analytics software, and AI to track inventory movement in real time. The platform supports automated inventory management, fulfillment optimization, customer interaction analytics, and autonomous checkout capabilities for retail stores. The company generates revenue primarily through the sale and deployment of its hardware-enabled retail intelligence platform along with associated software and analytics services. These include subscriptions or contracts for inventory monitoring, analytics, and operational insights provided to retailers. The company will use the funding raised in May 2026 to accelerate deployments, enhance sensor hardware, expand AI analytics capabilities, advance autonomous checkout, and support global expansion.
Funding rounds, investors and people for this company come from licensed data. A free account shows the first rows of each section; an approved contribution opens every profile in full.
Sign in