Merchandising & Store Ops

RADAR raises $170M for real-time inventory tracking

RADAR has raised a $170M Series B at a $1B valuation to expand its RFID and ceiling-sensor inventory platform, which claims 99% item-level accuracy and is deployed in over 1,400 stores.

The numbers

  • $170 million Amount raised in Series B funding
  • $1 billion Company valuation at time of funding
  • 99 percent Claimed item-level inventory accuracy in real-time
  • 1,400 stores Number of stores where platform is deployed
  • 100 billion Item-level events processed per day

Sources

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