# Shopic

**Source:** https://www.startuphub.ai/startups/shopic
**Profile type:** Startup

> AI-powered smart shopping carts and in-store analytics for retailers.

## About

Shopic offers AI-powered computer vision solutions to transform in-store retail operations. Their platform provides item-level recognition for loss prevention and enables personalized, frictionless shopping experiences with their AI-powered smart cart. Shopic serves large retailers by delivering real-time insights for optimized store performance and reduced shrink.

## Key facts

- **Slug:** shopic
- **Website:** http://www.shopic.co
- **Location:** Tel Aviv, Israel
- **Founded:** 2015-02-01 00:00:00
- **Employees:** 84
- **Operating status:** Active
- **Total funding:** $53M
- **Sectors / tags:** Retail, Shopping, RetailTech, Computer Vision, Smart Shopping Carts, Frictionless Retail, In-Store Analytics, Loss Prevention, Retail Media, E-commerce, Hardware, Platform, Customer Experience, Computer Vision Hardware, Smart Shopping Cart, Generative AI
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/shopic/
  - Facebook: https://www.facebook.com/ShopicAI

## Frequently asked

### What does Shopic do?

Shopic offers AI-powered computer vision solutions to transform in-store retail operations. Their platform provides item-level recognition for loss prevention and enables personalized, frictionless shopping experiences with their AI-powered smart cart. Shopic serves large retailers by delivering real-time insights for optimized store performance and reduced shrink.

### What is Shopic's revenue?

StartupHub estimates Shopic's annual revenue at $28.7M (range $15.2M to $51.8M, 69% confidence), based on comparable companies in the sector.

### What is Shopic's valuation?

StartupHub estimates Shopic's effective valuation at $205.2M (range $131.5M to $315.6M, 10% confidence), based on comparable companies in the sector.

### How much funding has Shopic raised?

Shopic has raised a total of $53M in funding. The most recent round on record is Series B.

### Where is Shopic headquartered?

Shopic is headquartered in Tel Aviv, Israel.

### When was Shopic founded?

Shopic was founded in 2015.

### What industry does Shopic operate in?

Shopic operates in Retail, Shopping, RetailTech, Computer Vision, Smart Shopping Carts, Frictionless Retail.

### How many employees does Shopic have?

Shopic has approximately 84 people on record.

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