About Shopic
Shopic is a Retail company based in Tel Aviv (Israel) founded in 2015 by Eran Kravitz and Raz Golan. AI-based smart cart self-checkout solutions are provided for retail businesses. Shopic has raised $52.6 million across 4 funding rounds from investors including Shufersal, IBI Investment House and Clal Insurance. Its chief executive, as recorded, is Raz Golan. Its focus areas include Food and Agriculture Tech, Online Grocery, Technology Enablers and Grocery Retailers. Its competitors include Supersmart, Store Power and Cust2Mate; 1 of its 3 listed competitors has raised funding.
Company details
Founded in 2015 in Tel Aviv, Israel, Shopic operates in the retail technology sector. A cloud-based platform is offered for grocery stores, enabling frictionless shopping through AI-powered clip-on devices attached to carts. Computer vision is utilized to detect item additions or removals, allowing checkout skipping. Real-time analysis of behavioral, historical, and visual data is performed for loss prevention.
- Total Equity Funding$52.6M (USD)
in 4 rounds
- Latest Funding Round$35M (USD), Series B
Aug 2022
- InvestorsShufersal
& 10 more
Apps and channels of Shopic
its YouTube channel Shopic has 387 subscribers and 9 videos.
Videos from Shopic
The most watched videos on Shopic's YouTube channel, Shopic (387 subscribers). Click a video to play it here.
More on Shopic.
Funding Insights of Shopic
Shopic has successfully raised a total of $52.6M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $35 million completed in August 2022. 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 $52.6M
- Total Rounds 4
- Last Round Series B — $35M
- Investors Count 11
All 4 funding rounds of Shopic 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 |
|---|---|---|---|---|---|
| Aug 2022 | $35M | Series B | – | Qualcomm Ventures | |
| Jul 2021 | $10M | Series B | – | Claridge Israel | |
| May 2020 | $7.6M | Series A | – | IBI Tech Fund | |
| May 2016 | Seed | – | – |
11 investors in total: 10 institutional and 1 angel.
Investors in Shopic
Shopic has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Shufersal, IBI Investment House and Clal Insurance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investing in technology sectors such as AI and automotive. | 2000 | qualcommventures.com | San Diego, United States | |
Technology investments are managed through venture capital and private equity. | vintage-ip.com | Herzliya, Israel | ||
Venture capital is provided to tech companies by Tal Ventures. | tal-ventures.com | Tel Aviv, Israel | ||
Claridge Israel is focused on growth investments in technology-driven companies. | claridgeil.com | Herzliya, Israel | ||
Investments are directed toward pre-seed to Series C technology companies. | entreecap.com | London, United Kingdom | ||
Early-stage investments in Israeli B2B technology startups are provided. | tech.ibi.co.il | Tel Aviv, Israel | ||
SigmaLabs is focused on accelerating early-stage startups. | sigmalabs.co | |||
A chain of retail stores is operated across Israel. | 1958 | shufersal.co.il | Rishon Lezion, Israel | |
Insurance services are offered to clients in Israel. | 1987 | clalbit.co.il | Tel Aviv, Israel | |
Private fund focused on debt and equity investment in real estate and funds of funds focused on multiple sectors | 2013 | ibi.co.il | Tel Aviv, Israel |
Investor details for Shopic
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of Shopic
37 people are tracked at Shopic (14 in leadership, 23 in team).
| Name | Role | Group |
|---|---|---|
Eran Kravitz | Co-Founder & CTO | Leadership |
Raz Golan | Co-Founder & CEO | Leadership |
Mirel Vansovski | Chief of Staff | Leadership |
Nitzan Horovitz | Director Of Engineering | Leadership |
Shlomi Amitai | Director Of Computer Vision | Leadership |
Mana Yellin | VP Sales EMEA | Leadership |
Anat Keidar | VP, HR | Leadership |
Coral Behar | Director of Business Operations | Leadership |
Tomer Avrahami | Director of Hardware | Leadership |
Tal Montal | Director of Data | Leadership |
Hanan Lifshitz | Chief Product Officer | Leadership |
Rani Wellingstein | Chief Strategy Officer | Leadership |
Avinoam Bloch | COO | Leadership |
Evyatar Ben-Shitrit | Director Of Innovation | Leadership |
David Prawer | Product Analyst | Team |
Maor Nahmias | Senior QA Engineer | Team |
Guy Zahavi | Senior Frontend Developer | Team |
Orel Ben Hur | DevOps Engineer | Team |
Ron Kaiser | DevOps Engineer | Team |
Yossi Bello | Devops Lead | Team |
17 more people are available in the full profile.
Complete people profiles for Shopic
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Shopic
3 dated milestones of Shopic across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Shopic is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $35.0M.
Competitors of Shopic
Shopic has 3 listed competitors in our database, 1 of them funded. They include Supersmart, Store Power and Cust2Mate.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| supersmart.me | 2014 | Rosh Haayin, Israel | $20M | AI-driven autonomous checkout systems for retail are developed. | ||
| storepower.com | 2000 | Jerusalem, Israel | Delivers white-label app solutions for grocery chains and restaurants. | |||
| cust2mate.com | 2013 | Yavne, Israel | Smart shopping carts are guided for list retrieval and self-checkout. |
Detailed competitors of Shopic
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 Shopic
The website of Shopic (shopic.co) receives about 4.8K visits a month.
- Monthly visits4.8K
▼ 18% vs previous month
Websites whose visitors overlap most with Shopic. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
22vd.com | 22vd.com | 100% | #12,133,061 | – | |
theentrepreneur-times.com | theentrepreneur-times.com | 71% | #2,021,858 | – | |
| caper.ai | 65% | 14.2K | #1,673,275 | View details |
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Related news about Shopic
Complete news archive for Shopic
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Frequently Asked Questions about Shopic
Shopic was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Shopic is headquartered in Tel Aviv, Israel.
Raz Golan is the CEO of Shopic, as recorded in our data. They have also founded this company.
Shopic is a funded company, having raised a total of $52.6M across 4 funding rounds to date.
Founded in 2015 in Tel Aviv, Israel, Shopic operates in the retail technology sector. A cloud-based platform is offered for grocery stores, enabling frictionless shopping through AI-powered clip-on devices attached to carts. Computer vision is utilized to detect item additions or removals, allowing checkout skipping. Real-time analysis of behavioral, historical, and visual data is performed for loss prevention.
Shopic's top competitors include Supersmart, Cust2Mate and Store Power.
Shopic has 11 investors. Key investors include Shufersal, IBI Investment House, Clal Insurance, Qualcomm Ventures, and Vintage Investment Partners.