About RADAR
RADAR is a company based in New York (United States) founded in 2013 by Spencer Hewett. It operates as a SaaS (Software-as-a-Service) and Product-as-a-Service. RADAR has raised $231.12 million across 11 funding rounds from investors including Align Ventures, RX Ventures and The Ferrante Group. RADAR offers products and services including RADAR RFID Solution and Autonomous Checkout. RADAR operates in a competitive market with competitors including RELEX, Wasoko, TradeGecko, ZopSmart and Vend, among others.
- Headquarter New York, United States
- Founders Spencer Hewett
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Sectors
RetailTechnology
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$231.12 M (USD)
in 11 rounds
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Latest Funding Round
$170 M (USD), Series B
May 19, 2026
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Investors
Align Ventures
& 12 more
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Employee Count
Not available
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Products & Services of RADAR
RADAR offers a comprehensive portfolio of products and services, including RADAR RFID Solution and Autonomous Checkout.
Inventory tracking is enhanced with RFID and vision.
Checkout process is automated for faster customer exits.
People of RADAR
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Funding Insights of RADAR
RADAR has successfully raised a total of $231.12M across 11 strategic funding rounds. The most recent funding activity was a Series B round of $170 million completed in May 2026. 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.
Investors in RADAR
RADAR has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Align Ventures, RX Ventures and The Ferrante Group.
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Seed & early stage tech-focused venture capital firm investing primarily in the US
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NTT Group backed venture capital fund
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Investor details for RADAR
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Investments & Acquisitions by RADAR
Investment portfolio details for RADAR
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Financial Statements - RADAR
Detailed financials for RADAR
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Radar Comparisons
Peer comparison for RADAR
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Competitors of RADAR
RADAR operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RELEX, Wasoko, TradeGecko, ZopSmart and Vend, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Unified platform for retail and supply chain planning is offered.
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Online B2B marketplace offering groceries for enterprises
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Provider of cloud-based suite solutions for wholesalers
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Omni-channel solutions are provided for offline businesses.
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Cloud-based retail POS solutions
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SaaS ERP software is offered for multi-industry operations management.
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Detailed competitors of RADAR
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Latest news on Radar
Complete news archive for RADAR
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Frequently Asked Questions about RADAR
RADAR was founded in 2013.
RADAR is headquartered in New York, United States. It is registered at New York, New York, United States.
Spencer Hewett is the current CEO of RADAR. They have also founded this company.
RADAR is a funded company, having raised a total of $231.12M across 11 funding rounds to date.
Inventory tracking is provided by RADAR through a fully-integrated hardware and software solution powered by RFID and enhanced by computer vision. Retail challenges are addressed by offering unprecedented speed and location accuracy. Solutions are designed for real-time item tracking, autonomous checkout, and item-level analytics. The retail sector is primarily served, focusing on improving inventory management and customer experience in busy store environments.
RADAR offers RADAR RFID Solution and Autonomous Checkout.
RADAR has 13 investors. Key investors include Align Ventures, RX Ventures, The Ferrante Group, FutureArchives, and Leeds Holdings.