Caper

Caper

Builds smart shopping carts powered by deep learning and computer vision to enable cashierless checkout. Learn more
  • Edit
DateInvestorsAmountRound
-

N/A

-
N/A

N/A

Early VC

$2.2m

Seed

$10.0m

Series A

$350m

Valuation: $350m

Acquisition
Total Funding€11.1m

Recent News about Caper

Edit
More about Caperinfo icon
Edit

Caper.ai is a cutting-edge startup revolutionizing the retail shopping experience with its AI-powered smart cart and checkout systems. The company focuses on creating seamless, autonomous retail solutions that eliminate the need for traditional checkout processes. Their primary products, the Caper Cart and Caper Counter, are designed to integrate effortlessly into existing store layouts without requiring renovations or causing operational disruptions.

Caper.ai serves a wide range of retail clients, from small local stores to large grocery chains. Their technology is particularly beneficial for stores with high foot traffic, as it significantly reduces wait times and enhances the overall shopping experience. By leveraging artificial intelligence, Caper.ai's systems can automatically detect and tally items placed in the cart, allowing customers to simply walk out of the store without having to scan each item individually.

Operating in the retail technology market, Caper.ai's business model is based on providing hardware and software solutions to retailers. They generate revenue through the sale and leasing of their smart carts and counters, as well as through ongoing service and maintenance contracts. Additionally, the company offers data analytics services, providing retailers with valuable insights into customer behavior and inventory management.

Recently, Caper.ai has joined forces with Instacart, a leading online grocery platform, to further expand its reach and capabilities. This partnership aims to integrate Caper's innovative technology into Instacart's extensive network, enhancing the shopping experience for millions of customers.

In summary, Caper.ai is at the forefront of transforming retail shopping with its AI-driven, plug-and-play smart cart and checkout systems. The company's solutions are designed to be easily implemented, making shopping more efficient and enjoyable for both retailers and customers.

Keywords: AI-powered, smart carts, checkout systems, retail technology, seamless shopping, autonomous retail, customer experience, data analytics, Instacart partnership, plug-and-play.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.