RADAR: Funding, Investors & Team (Oct 2026)
RADAR is a comprehensive system that combines RFID technology and computer vision to streamline inventory management, analytics, and check-out processes in brick-and-mortar stores. This platform enables efficient inventory control by automating stock counts and enhancing in-store restocking, while also providing real-time customer stock checks. Additionally, it measures all customer interactions with products, granting physical retailers the same level of understanding of consumer behavior and product performance as their online counterparts. With its autonomous checkout feature, RADAR even eliminates the need for traditional checkout lines.
RADAR has raised $243M across 3 funding rounds on record, the most recent a Series B of $170M announced in May 2026.
That round is above the $3.6M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.
RADAR Company Profile and Key Stats
Latest funding round on record: May 2026.
RADAR Funding Rounds
RADAR raised $43.4M in an undisclosed round announced in May 2023.
2 months later, a Series A of $30.0M was announced in Jul 2023.
2.8 years later, a Series B of $170M was announced in May 2026.
RADAR Founders and Leadership Team
Contact details for the RADAR team: 1 of 2 have an email address on file, 1 has a LinkedIn profile.
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RADAR's latest round of $170M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.
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RADAR Funding FAQs
What does RADAR do?
RADAR is a comprehensive system that combines RFID technology and computer vision to streamline inventory management, analytics, and check-out processes in brick-and-mortar stores. This platform enables efficient inventory control by automating stock counts and enhancing in-store restocking, while also providing real-time customer stock checks. Additionally, it measures all customer interactions with products, granting physical retailers the same level of understanding of consumer behavior and product performance as their online counterparts. With its autonomous checkout feature, RADAR even eliminates the need for traditional checkout lines.
How much funding has RADAR raised?
RADAR has raised $243M across 3 rounds on record. The most recent is a Series B of $170M announced in May 2026.
When did RADAR last raise funding?
RADAR's most recent funding round on record is a Series B of $170M, announced in May 2026.
Who founded RADAR?
FundedIQ lists Nick Patrick (Founder) at RADAR.
Who is the CEO of RADAR?
Spencer Hewett is listed as CEO at RADAR.
Where is RADAR headquartered?
RADAR is based in New York, United States.
How many employees does RADAR have?
RADAR is in the 101-250 employee band.
How does RADAR's funding compare to other Commerce and Shopping startups?
RADAR's latest round of $170M is above the $3.6M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.
About FundedIQ's RADAR Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for RADAR is left off this page rather than filled in.
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