About Caper AI
Caper AI is an Industrial Goods & Manufacturing company based in Brooklyn (United States) founded in 2015 by Ahmed Beshry and Lindon Gao, and was acquired by Instacart in October 2021. AI-driven automated checkout solutions are offered for offline retailers. It operates in the Industrial Goods & Manufacturing, Retail, and Financial Services sectors. Caper AI has raised $12.72 million across 3 funding rounds from investors including Instacart, FundersClub and Red Apple Group. Its chief executive, as recorded, is Lindon Gao. Its website caper.ai draws about 14 thousand monthly visits. Its focus areas include High Tech, Image Recognition, Applications and Offline Retail. Its competitors include BitGo, LifeLock and HYPR; 3 of its 3 listed competitors have raised funding.
Company details
Caper was founded in 2015 and is based in Brooklyn, United States. Automated checkout software solutions are provided for offline retailers through an AI platform. Deep learning and computer vision are utilized in intelligent shopping carts equipped with cameras to detect and identify products. Customers are enabled to select items and exit stores without conventional checkout processes. Operations focus on the retail technology sector.
Funding Insights of Caper AI
Caper AI has successfully raised a total of $12.72M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $10.45 million completed in July 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $12.72M
- Total Rounds 3
- Last Round Series A — $10.45M
- First Round $120,000
(Jun 2016)
- Investors Count 12
All 3 funding rounds of Caper AI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2019 | $10.45M | Series A | – | Lux Capital | |
| Jan 2019 | $2.15M | Seed | – | – | |
| Jun 2016 | $120,000 | Seed | – | Y Combinator | – |
13 investors in total: 10 institutional and 3 angel.
Investors in Caper AI
Caper AI has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Instacart, FundersClub and Red Apple Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed and early-stage technology companies are funded by Lux Capital. | luxcapital.com | Menlo Park, United States | ||
US focused seed and early-stage VC firm | firstround.com | San Francisco, United States | ||
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Investments are directed toward hard-tech and full-stack companies by HCVC. | 2014 | hcvc.co | San Francisco, United States | |
Venture capital investments in pre-seed and seed stages, focusing on founders. | precursorvc.com | |||
Investments are directed by REDO Ventures toward software technology startups. | redoventures.com | New York, United States | ||
| cognitiv.vc | ||||
Fundraising platform connects startups with investors for capital and support. | 2012 | fundersclub.com | San Francisco, United States | |
Conglomerate operating in energy, real estate, finance, insurance, and supermarkets | 2007 | ragny.com | New York, United States | |
Online marketplace platform offering multi-category grocery products | 2012 | instacart.com | San Francisco, United States |
Investor details for Caper AI
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Caper AI
379 people are tracked at Caper AI (108 in leadership, 11 in board & advisors, 260 in team).
| Name | Role | Group |
|---|---|---|
Ahmed Beshry | Co-Founder & CPO | Leadership |
Lindon Gao | Co-Founder & CEO | Leadership |
Glenda Garcia | Head Of Brand Strategy & Campaigns | Leadership |
David Holyoak | General Manager, South | Leadership |
Enid Chao | Senior HR Business Partner | Leadership |
Amar Shah | Director, Strategic Finance | Leadership |
Bryan Lo | Strategic Finance Director - Growth | Leadership |
Jeff Kudrle | Director, Sales & Commercial Strategy - Instacart Business | Leadership |
Hyun Jee Son | Vice President, Legal & Deputy General Counsel | Leadership |
Christina Hall | Chief People Officer | Leadership |
Lindsay Munro | Director, HR Business Partnership | Leadership |
Lyndsey Grubbs | Senior Director, Corporate Communications | Leadership |
Dani Dudeck | Chief Corporate Affairs Officer | Leadership |
Charlene Kahler | Sr. Executive Assistant To Chief Human Resources Officer & VP Of Data Science | Leadership |
Judy Vo | Director, HR Business Partner | Leadership |
Amy A. Fairchild | Sr. People Experience Partner, Organizational Health | Leadership |
Venkat Devireddy | Senior Director, Data Science | Leadership |
Joe Rustad | Senior Director Of Software Engineering | Leadership |
Matt Langton | Senior Manager, Partner Ops Excellence - Connected Store | Leadership |
Chris Rogers | CEO | Leadership |
359 more people are available in the full profile.
Complete people profiles for Caper AI
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Caper AI
4 dated milestones of Caper AI across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Caper AI is founded.
- Funding First funding round of $120K.
- Funding Latest funding round, Series A, of $10.4M.
- Exit Acquired by Instacart.
Competitors of Caper AI
Caper AI has 3 listed competitors in our database, 3 of them funded. They include BitGo, LifeLock and HYPR.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bitgo.com | 2013 | Palo Alto, United States | $170.5M | 166 | Crypto-based custody, trading, and lending services are provided to institutions. | |
| lifelock.com | 2005 | Tempe, United States | $192.07M | Identity theft is protected and prevented through cyber monitoring services. | ||
| hypr.com | 2014 | New York, United States | $130.65M | Passwordless multi-factor authentication and identity assurance solutions are provided. |
Detailed competitors of Caper AI
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Caper AI
The website of Caper AI (caper.ai) receives about 14.2K visits a month.
- Monthly visits14.2K
▲ 71.3% vs previous month
Websites whose visitors overlap most with Caper AI. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
 amandacarroll.wordpress.com | amandacarroll.wordpress.com | 100% | – | ||
| shopic.co | 96% | 4.8K | #4,096,659 | View details |
Top companies in Physical Security & Surveillance
3 companies that operate in the same segment as Caper AI (Physical Security & Surveillance) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based business telephony and home security services are provided. | 2004 | Palo Alto, California, United States | USD 87.97 M | USD 273.6 M | 1,190 | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Caper Ai
Complete news archive for Caper AI
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Caper AI
Caper AI was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Caper AI is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Lindon Gao is the CEO of Caper AI, as recorded in our data. They have also founded this company.
Caper AI is a funded company, having raised a total of $12.72M across 3 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Jun 2016.
Caper was founded in 2015 and is based in Brooklyn, United States. Automated checkout software solutions are provided for offline retailers through an AI platform. Deep learning and computer vision are utilized in intelligent shopping carts equipped with cameras to detect and identify products. Customers are enabled to select items and exit stores without conventional checkout processes. Operations focus on the retail technology sector.
Caper AI has 13 investors. Key investors include Instacart, FundersClub, Red Apple Group, HCVC, and Lux Capital.
Yes. Caper AI was acquired by Instacart in October 2021.