What is Zippin?
Founded in 2018, Zippin specializes in the development of next-generation checkout-free technology. The company provides a sophisticated AI-driven platform that enables retailers to implement frictionless shopping experiences, effectively eliminating traditional checkout bottlenecks. By integrating computer vision and sensor fusion, Zippin's systems track product selection in real-time, allowing for a streamlined, automated payment process. This technology is increasingly vital for retailers seeking to optimize operational throughput and improve customer satisfaction in a competitive digital landscape.
How much funding has Zippin raised?
Zippin has raised a total of $44M across 3 funding rounds:
Angel/Seed
$2M
Series A
$12M
Series B
$30M
Angel/Seed (2018): $2M, investors not publicly disclosed
Series A (2019): $12M led by SAP.iO, Nomura Research Institute, Arca Continental, Evolv Ventures, Scrum Ventures, and NTT DOCOMO Ventures
Series B (2021): $30M supported by OurCrowd, Evolv Ventures, Maven Ventures, and SAP
Key Investors in Zippin
Evolv Ventures
Evolv Ventures is a venture fund backed by Kraft Heinz that invests in emerging technology companies transforming the food and retail industries.
SAP
SAP is a global leader in enterprise resource planning software, providing comprehensive business applications and digital transformation solutions to organizations worldwide.
Scrum Ventures
Scrum Ventures is an early-stage venture firm based in San Francisco that connects startups with global corporate partners to accelerate innovation.
What's next for Zippin?
With the recent influx of capital, Zippin is well-positioned to scale its enterprise-grade solutions across diverse global markets. The company's strategic roadmap focuses on deepening its integration with existing retail management systems and expanding its footprint in high-traffic environments such as stadiums, airports, and convenience stores. By prioritizing technological refinement and strategic partnerships with global enterprise leaders, Zippin aims to solidify its status as the industry standard for autonomous retail. Future growth will likely center on enhancing the scalability of its AI models and driving further adoption among large-scale retail chains looking to modernize their physical storefronts.
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