What is Zippin?
Founded in 2018, Zippin provides a sophisticated suite of cashierless AI systems designed to eliminate traditional checkout friction. The company's technology stack integrates computer vision, sensor fusion, and deep learning to enable seamless, grab-and-go shopping experiences for consumers. By deploying these solutions, retailers can optimize store operations, reduce labor costs, and significantly enhance the customer journey. Zippin operates at the intersection of retail innovation and artificial intelligence, positioning itself as a critical infrastructure provider for the modern, digitized storefront. Its platform is engineered for rapid deployment, allowing legacy retailers to modernize their physical footprints without the need for extensive store renovations.
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 Scrum Ventures, Nomura Research Institute, Arca Continental, Evolv Ventures, SAP.iO, and NTT DOCOMO Ventures
Series B (2021): $30M supported by SAP, OurCrowd, Evolv Ventures, and Maven Ventures
Key Investors in Zippin
SAP
SAP Partners is a global enterprise software company recognized as a leader in business applications and enterprise resource planning solutions. The company operates at the intersection of business and technology, helping organizations integrate and manage core operations.
Evolv Ventures
Evolv Ventures is a venture fund backed by Kraft Heinz that invests in emerging tech companies transforming the food industry, aiming to accelerate exposure to new technologies.
Scrum Ventures
Scrum Ventures is an early-stage venture firm investing across a range of industries in the U.S. and Japan, connecting startups with global corporate innovation opportunities.
What's next for Zippin?
With the infusion of $30M, Zippin is poised to scale its global operations and deepen its integration with enterprise-grade retail management systems. The strategic focus will likely shift toward expanding its footprint in international markets and enhancing the predictive capabilities of its AI engine. As the retail industry continues to prioritize operational efficiency and contactless experiences, Zippin is well-positioned to capture significant market share. Future growth will likely involve strategic partnerships with global retail conglomerates and the continued refinement of its proprietary hardware and software ecosystem to maintain a competitive edge in the rapidly evolving checkout-free technology landscape.
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