User:Joseph Dov Kohan/sandbox

Shopic Inc.

Shopic Inc. is an Israeli technology company headquartered in Tel Aviv, specializing in the development of AI-based mobile self-checkout platforms for in-store shopping. Founded in 2014, Shopic is recognized for its innovative approach to bridging the gap between e-commerce and traditional in-person shopping experiences through advanced technology.

Contents


 * 1) History
 * 2) Products and Services
 * 3) Operations
 * 4) Corporate Affairs
 * 5) References

1. History

Shopic was founded in 2014 with a vision to transform the retail shopping experience by integrating artificial intelligence and mobile technology into the physical shopping environment. The company has focused on developing solutions that enhance convenience for shoppers while providing valuable insights for retailers.

2. Products and Services

Shopic's primary offerings include the Scan-Pay-Go solution and the CartWatch system. These products employ computer vision and AI to facilitate a seamless self-checkout experience in stores. The company's technology is designed to reduce checkout lines, improve operational efficiency, and prevent fraud in retail settings.

3. Operations

With its headquarters in New York and additional operations in Tel Aviv, Israel, Shopic serves a global market. The company has garnered significant investment and partnership interest, highlighting the potential of its technology in transforming the retail industry.

4. Corporate Affairs

Raz Golan, the CEO and co-founder, leads Shopic. The company has raised significant funding, including a $35 million Series B round led by Qualcomm Ventures, bringing its total funding to $56 million. Shopic's approach to retail technology has been recognized and adopted by major supermarket chains around the world.

5. References


 * 1) "Shopic lands $35M to bring its item-scanning ‘smart cart’ tech to more stores" - TechCrunch
 * 2) "Shopic's AI-Embedded Smart Cart Solution: Enhancing the In-Store Customer Experience" - grocerydoppio
 * 3) "Shopic To Deploy 2000 AI-Powered Smart Shopping Carts" - Forbes
 * 4) "Startup’s clip-on device for smart carts deployed at Shufersal" - The Times of Israel