What is Caper?
Founded in 2017 and headquartered in Brooklyn, New York, Caper specializes in the development of autonomous shopping carts designed to streamline the retail checkout process. By leveraging computer vision and sensor fusion, the Caper Cart enables shoppers to scan and pay for items directly within the cart, effectively eliminating traditional checkout queues. This technology serves as a critical bridge between e-commerce convenience and the tangible benefits of physical retail, positioning Caper as a vital partner for large-scale retail chains looking to optimize operational efficiency and enhance the in-store customer journey. The company's market position is bolstered by its focus on scalable, AI-driven infrastructure that integrates into existing retail ecosystems without requiring significant store layout modifications.
How much funding has Caper raised?
Caper has raised a total of $10M across 1 funding round:
Series A
$10M
Series A (2019): $10M with participation from Lux Capital, Red Apple Group, Hardware Club, Sidekick Fund, FundersClub, First Round Capital, and Y Combinator
Key Investors in Caper
Lux Capital
Lux Capital is a New York based venture capital firm that raises dedicated funds to invest in earlystage and growthstage companies at the intersection of science and technology, backing founders in frontier areas such as AI, robotics, space, defense, biotechnology, and advanced materials from seed through IPO or acquisition.
Hardware Club
Hardware Club is an investment company based on the largest community of hardware startups in the world, providing strategic support on production and distribution to help promising startups scale globally.
FundersClub
FundersClub is an online venture capital firm that connects accredited investors with highly vetted startups, leveraging a global network and software-driven platform to provide unique investment opportunities.
What's next for Caper?
With this major enterprise-level funding, Caper is well-positioned to accelerate its product deployment and expand its footprint across global retail markets. The strategic roadmap likely involves scaling manufacturing capabilities to meet the rising demand for autonomous retail hardware and refining its proprietary computer vision algorithms to improve accuracy and user experience. Furthermore, the company is expected to focus on deepening its integration with retail inventory management systems, providing store operators with real-time data analytics and personalized consumer insights. As Caper continues to mature, the focus will shift toward long-term sustainability and the widespread adoption of its smart cart technology, potentially setting a new industry standard for the future of automated retail.
See full Caper company page
