What is Shopic?
Shopic specializes in the development of sophisticated AI and computer vision technologies designed to modernize the in-store shopping experience. By deploying vision-powered smart carts and integrated loss prevention systems, the company provides retailers with real-time analytics that optimize operational efficiency and reduce shrinkage. Unlike traditional retail tech, Shopic's platform is engineered for seamless integration, allowing large-scale retailers to adopt advanced automation without disrupting existing infrastructure. This focus on intuitive, data-centric interactions positions Shopic as a leader in the retail technology sector, bridging the gap between physical store operations and digital intelligence.
How much funding has Shopic raised?
Shopic has raised a total of $52.6M across 3 funding rounds:
Series A
$7.6M
Unspecified
$10M
Series B
$35M
Series A (2020): $7.6M with participation from Entrée Capital and IBI Tech Fund
Unspecified (2021): $10M led by Tal Capital, IBI Tech Fund, Entrée Capital, and Claridge Israel
Series B (2022): $35M supported by Vintage Investment Partners, Clal Insurance, and Qualcomm Ventures
Key Investors in Shopic
Vintage Investment Partners
A prominent investment firm with over 3.6 billion dollars in assets, specializing in providing strategic insights and connecting portfolio companies with a vast network of global partners.
Clal Insurance
A major Israeli insurance and financial services provider that brings institutional stability and long-term capital support to high-growth technology ventures.
Qualcomm Ventures
The corporate venture arm of Qualcomm, focusing on early to growth-stage investments in AI, smart systems, and enterprise technology to help companies scale through deep domain expertise.
What's next for Shopic?
With the recent influx of capital, Shopic is poised to scale its operations significantly, focusing on expanding its footprint within the global retail market. The strategic roadmap likely involves enhancing its proprietary computer vision algorithms to further improve shopper behavior insights and operational accuracy. As the company moves deeper into the enterprise segment, the focus will shift toward strengthening partnerships with major retail chains and refining its loss prevention capabilities. By maintaining its commitment to minimal-disruption deployment, Shopic is well-positioned to capture a larger share of the retail automation market, ultimately setting a new standard for the future of intuitive, technology-enabled shopping.
See full Shopic company page
