logo
logo

Zippin Raises $30M To Accelerate The Adoption Of Checkout-Free Technology

Sep 02, 2021•almost 4 years ago

Amount Raised

$30 Million

San Francisco

Description

Zippin, the leading provider of checkout-free technology, announced today it has closed a $30 million Series B funding round with participation from new and existing investors including OurCrowd, Maven Ventures, Evolv Ventures and SAP. This new round brings Zippin's total funding to more than $45 million. This round comes on the heels of significant progress the company has made in recent months, including signing numerous new accounts, launching multiple new public checkout-free stores, and further solidifying their leading technology within the future of retail.

Company Information

Company

Zippin

Location

San Francisco, California, United States

About

Zippin has developed the next generation of checkout-free technology enabling retailers to quickly deploy frictionless shopping in their stores. Our patent-pending technology uses AI, deep learning and sensor fusion to power the best consumer experience: banishing checkout lines and self-scanners for good, and allowing shoppers to zip in and out with their purchases. Zippin's vision is to become the operating system for the automated store of the future. Zippin's platform leverages product and shopper tracking through overhead cameras, as well as smart shelf sensors, for the highest level of accuracy even in crowded stores. Founded by industry veterans from Amazon and SRI with deep backgrounds in retail technology, AI and computer vision, Zippin has offices in San Francisco, Dallas, Toronto and India. Zippin is backed by Maven Ventures, Evolv Ventures, OurCrowd and SAP, in addition to several other global investors. For more information, visit www.getzippin.com. SOURCE Zippin

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech