Radar Raises $170M in Series B Funding

The company plans to use the funding to accelerate deployments with retailers, develop new sensor hardware, expand AI analytics capabilities, advance autonomous checkout technology, and expand its presence across Canada, EMEA, and Latin America.

For years, physical retail has lacked the real-time data and visibility that e-commerce businesses rely on. RADAR is helping change that by bringing real-time inventory tracking to physical stores, where most global commerce still takes place.

The company provides retailers with 99% real-time item-level inventory accuracy, giving stores continuous visibility into where products are located and whether they are available.

This technology also helps stores operate more efficiently. With RADAR, shelves can be restocked before products run out, online orders can be fulfilled more accurately, and store employees can spend more time helping customers instead of managing inventory.

The result is a smarter and more responsive store environment that improves operations, strengthens omnichannel performance and creates a shopping experience that feels as smooth, and convenient as online shopping.

RADAR combines its own ceiling-mounted sensors, software, and analytics tools into one complete system. The sensors continuously track tagged products and monitor their exact location and movement across the sales floor, stockroom, and fitting rooms.

The data is then processed through RADAR’s software platform, which turns it into useful actions such as automatic restocking alerts, smarter online order fulfillment, loss prevention monitoring, and merchandising insights. The system is designed to work with the retail tools stores already use.

RADAR processes more than 100 billion item-level events every day, creating a large dataset that shows how customers interact with products inside physical stores. Its AI-powered system continuously learns from item movements and shopper behavior, helping retailers better forecast demand, improve product selection, and respond to customer behavior in ways that were previously possible mainly in online shopping.

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“RADAR brings real time data to retailers which operated like consumers before the internet,” said John Burbank, Partner and Founder at Nimble Partners.

“As the first retailer to implement RADAR technology fleet-wide, American Eagle has unlocked greater inventory visibility, empowered our associates and sharpened our insights,” said Jay Schottenstein, Executive Chairman of the Board and Chief Executive Officer, American Eagle Outfitters. “With inventory digitized in real-time, we have enabled our creative, operations and technology teams to place their focus on creating seamless, customer-first experiences that define the American Eagle brand.”

“In 2026, operating without real-time intelligence in physical retail means choosing to leave billions of dollars on the table. RADAR is changing that,” said Spencer Hewett, Founder and CEO of RADAR. “Today, we’re empowering retailers to run stores with the same precision as e-commerce. This round signals market conviction in the scale of the opportunity and accelerates our ability to extend that advantage across retail and beyond.”

“The physical world has long been a blind spot in an otherwise data driven economy,” Erik Oros, Chief Investment Officer of Gideon Capital. “RADAR is closing that gap. Starting with retail, the company is delivering clear, measurable ROI today while building a proprietary data advantage that strengthens with every deployment. We believe that combination positions RADAR to define the category and become a foundational layer of real time intelligence across physical industries.”

“Inventory is one of the largest and most critical assets for retailers, yet it is often managed with surprisingly low levels of accuracy,” said Abi Viswanathan, CFO of RADAR. “RADAR is changing that by giving leading retailers the real-time, high-accuracy inventory data they need to operate more efficiently, improve store productivity, serve customers better, and compete more effectively. I’m excited to leverage my experience scaling high-growth technology companies to help RADAR build on its momentum and scale through this next chapter.”

“We’re thrilled to deepen our support of RADAR as they tackle one of the largest and most overlooked inefficiencies in global retail,” said Ben Bryce, Founder and Managing Partner at Align Ventures. “Physical stores have operated for decades without real time visibility into inventory and operations and the pressure to match the precision of e-commerce is only accelerating.”

About RADAR

Founded in 2013 by Spencer Hewett, RADAR is an AI-powered retail intelligence platform that provides real time inventory tracking using overhead RFID technology. Its sensors, software and analytics provide retailers with continuous item-level visibility, delivering inventory updates every 8 seconds with 99% accuracy and precise location tracking.

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