Crave Retail
Techstars '19Austin, US · Founded 2021 · Delaware corporation · 20 employees on LinkedIn · 4 known investors
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Crave Retail provides a retail operations and customer engagement platform for physical stores, combining in-store and mobile experiences to track shopper journeys and optimize service. The platform uses RFID and service routing technology to connect fitting rooms, sales floors, and mobile devices into a unified system for retail teams.
Also known as Crave
Founders & leadership
Crave Retail was founded in 2021 by Matthew Cyr.

Board
Investors · 4
How we know: the Techstars portfolio · funding news · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · research · frazier.vc · Not right? Tell us
How we know: the VCSheet dataset · research · frazier.vc · Not right? Tell us
Also in the syndicate · 2
Reported raises · per SEC filings
Form D private placements$6.2M disclosed across 1 round · 2024
▶$6.2MraisedJul 2024 · 15 investors · OtherRule 506(b)
- Amir BehnamDirector
- George LaubDirector
- David FrazierDirector
- Matthew CyrExecutive Officer, Director, Promoter
- Offering amount
- $8M
- Amount sold
- $6.2M
- First sale
- Jul 2024
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Sep 2026Crave Retail is an Austin, Texas-based retail technology company that sells an in-store experience and intelligence platform for physical retail. Its core product line began with smart fitting rooms — interactive digital screens in the fitting room paired with mobile tools for sales associates — and has expanded into a platform spanning the fitting room, the sales floor and the shopper's phone. The company positions the product as making visible the part of the shopping journey between store entry and checkout: what a shopper wanted, what they tried on, what could not be found, and why they left.
The platform is organized into two products on a shared data layer. Crave Engage is the shopper-facing product, delivering digital shopping assistance across fitting room screens, the sales floor and mobile. Crave Assist is the associate-facing store operations product, providing live floor visibility, smart service routing, item lookup and consolidated shopper requests on a single device. Beneath both sits an intelligence layer built on session-level RFID data captured inside fitting rooms, which the company ties to service execution and conversion metrics, and which it markets as supporting merchandising decisions and conversion improvement for brick-and-mortar operators.
Founding story
Co-founder and CEO Matthew Cyr began his career on the store floor, starting as a store manager with Abercrombie & Fitch in 2008 and helping open stores in New York, before joining Skechers, where he co-developed the Commit to Convert training program and worked with the company's co-founder on growth across China and Southeast Asia. Across operations, planning and merchandising roles he found that retailers were accountable for conversion without tools to understand what drove it; a subsequent move into ecommerce technology, where the full customer journey could be mapped and tested, prompted him to start Crave to give physical stores comparable visibility, beginning with the middle of the shopping journey. Co-founder and CTO Amir Behnam, a University of Waterloo engineer who previously built enterprise retail commerce systems at GroupBy, architected the platform from its first code.
Business model
Crave Retail sells software and connected in-store hardware touchpoints (fitting room screens and associate mobile applications) to retail chains, deploying and supporting installations worldwide through a dedicated deployment organization.
Traction
Public figures cited by the company include 3,000+ live touchpoints, 32M+ shopper sessions, presence in 10+ countries, 11+ languages and seven years in market, with named brand deployments at River Island, Foot Locker and Fabletics.
Latest developments
The platform has been extended beyond smart fitting rooms into Crave Engage and Crave Assist, with a Store Agent experience referenced among the products shaped by the product organization. Leadership additions include Chief Deployment Officer Ken Mazzrillo, previously at RetailNext and AiFi, and Chief Product Officer Daniel O'Sullivan, previously at nCino.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
The company describes itself as the world's number one smart fitting room platform, citing more than 3,000 live touchpoints, over 32 million shopper sessions, deployments in over 10 countries and support for 11 or more languages. Investors categorize it under retail technology, in-store analytics and store management technology.
The company emphasizes operator experience (leadership with store-floor and retail operations backgrounds), production-scale deployments rather than pilots, and a single stack combining shopper-facing experiences, associate tools and session-level fitting room data. Investors cite fitting room intelligence and integration into store operations and data workflows as barriers to entry.
Technology
The platform combines interactive digital fitting room screens, associate mobile applications and session-level RFID capture inside fitting rooms. The RFID layer records what merchandise enters fitting rooms and links those sessions to service requests, associate response and conversion outcomes. Crave Assist adds smart service routing, live floor visibility and item lookup; the products share a single data layer.
Go-to-market
Direct enterprise sales to retail brands, with the website's primary call to action being a booked platform walkthrough; installations are handled by an in-house global deployment team.
Physical retail chains, particularly apparel and footwear brands operating fitting rooms; named deployments include River Island, Foot Locker and Fabletics.
Geography
Headquartered in Austin, Texas, with a distributed team across the United States, Canada (engineering led from Toronto) and South Africa, and deployments in more than 10 countries.
History
Sources place the company's founding in 2018 and describe roughly seven years of smart fitting room deployments in market. In July 2024 the company raised approximately $6.16 million in seed funding, with Frazier VC investing through its Fund IV alongside Techstars, RevTech Ventures and Council Tree. The product line has since broadened from smart fitting rooms into the Crave Engage and Crave Assist products and an RFID-based intelligence layer.
Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Related companies · 1
Companies working in the same space as Crave Retail.
Timeline · 2
launches, deals, and filingsCo-founder and CEO Matthew Cyr is recognized as a Retail TouchPoints 40 Under 40 honoree.
Frazier VC made an investment in Crave Retail through Fund IV as part of an approximately $6.16M seed round, citing the company's fitting room intelligence and in-store data focus.
$6.2M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structure▸Research sources · 7
primary sources listed
- Crave Retailcraveretail.com · web
7 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Crave Retail do?
- Crave Retail runs a smart fitting room and in-store experience platform connecting shoppers, store associates and retail systems.
- Who founded Crave Retail?
- Crave Retail was founded by Matthew Cyr in 2021.
- Who are Crave Retail's investors?
- Crave Retail's investors include Techstars, RevTech Ventures.
- How much funding has Crave Retail raised?
- Crave Retail has disclosed $6.2M raised across 1 round.
- Where is Crave Retail headquartered?
- Crave Retail is headquartered in Austin, US.

