Zippin
Zippin has developed a next-generation checkout-free technology that enables retailers to quickly deploy frictionless shopping experiences. Utilizing AI, machine learning, and sensor fusion technology, Zippin's platform enhances customer satisfaction by eliminating checkout lines and self-scanners. The company has established itself as a leader in the frictionless economy, serving various sectors including sports, airports, and hospitals. With significant traction, Zippin has saved shoppers over 750,000 hours and increased store revenues by up to 80%. Founded by industry veterans from Amazon and SRI, Zippin is headquartered in San Francisco and has received venture funding from notable firms.
Zippin
Zippin has developed a next-generation checkout-free technology that enables retailers to quickly deploy frictionless shopping experiences. Utilizing AI, machine learning, and sensor fusion technology, Zippin's platform enhances customer satisfaction by eliminating checkout lines and self-scanners. The company has established itself as a leader in the frictionless economy, serving various sectors including sports, airports, and hospitals. With significant traction, Zippin has saved shoppers over 750,000 hours and increased store revenues by up to 80%. Founded by industry veterans from Amazon and SRI, Zippin is headquartered in San Francisco and has received venture funding from notable firms.
TL;DR
Product: AI-powered checkout-free retail platform using computer vision and smart shelf sensors
Headquarters: San Francisco
Founders: Krishna Motukuri and Motilal Agrawal
Recent round: Series B (Sep 1, 2021)
Total funding (reported): Approximately USD 44,000,000
Company Overview
Problem Domain
Retail operations and in-store checkout friction
Industry
Retail technology
Tech Stack
Funding Track Record
USD 30,000,000
Announced Sep 1, 2021; investors named include OurCrowd, Maven Ventures, Evolv Ventures, and SAP
Strategic investment tied to a commercial partnership to deploy technology in Brazil
Investor Signal
“Backed by strategic and venture investors including SAP.iO, Pear VC, OurCrowd, Maven Ventures, Evolv Ventures, Core Ventures Group, NTT Docomo, Nomura Research Institute, and Lojas Americanas”