Fundraising Fox

RADAR

YC W13

New York City, US · Founded 2013 · 120 employees · Hiring · 7 known investors

RADAR is an RFID-based hardware and software platform that enables real-time inventory tracking and location accuracy in retail stores. The system provides item-level visibility to reduce out-of-stocks, improve fulfillment, and enables checkout-free shopping experiences.

Also known as Automaton · NoQ · Skip

AI & Machine LearningEnterprise SoftwareHardwareIoTRetail TechAIUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (W13)

RADAR was founded in 2013 by Spencer Hewett.

SHSpencer Hewett
Spencer HewettinFounder/CEO30 Under 30 2022

Investors · 7

Align VenturesMiami
Colle Capital PartnersNew York · $500K – $2M
PROOFArlington
Y CombinatorSan Francisco · $500K
Nimble PartnersreportedSan Francisco
Sound VenturesreportedSanta Monicavia Ashton Kutcher · inferred

Also in the syndicate · 1

Gideon Ventureslead

Funding

SEC filings, press & company announcements

$340M disclosed across 2 rounds · 2026

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

2 people who came through RADAR went on to found or lead other companies.

Byron HewettBoard DirectorFounded Brava Diagnostics +1Shri GaneshramSeed InvestorFounded FlightCar

Competitors · 3

by search overlap
Teradar15 shared keywordsTeradar develops all-solid-state terahertz imaging sensors, built on its Modular Terahertz Engine (MTE) architecture, that provide long-range, high-resolution vision in rain, fog, and snow. The sensors target automotive manufacturers for vehicle perception, as well as defense, security screening, and infrastructure applications.
Zadar Labs13 shared keywordsZadar Labs develops software-defined 4D imaging radar sensors that provide high-resolution, all-weather perception for autonomy, safety, and security applications. Its radars are deployed in autonomous vehicles, mobile robots, heavy equipment, agriculture, site security, and indoor monitoring.
Builtinnyc12 shared keywordsBuilt In NYC is the New York City hub of Built In, an online platform where tech professionals browse job listings, company profiles, salary data, and industry articles. It serves job seekers and employers in the tech sector across regional hubs.

Companies competing with RADAR for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Radar Reaches A $1 Billion Valuation On The Bet That It Can Supercharge Physical Shopsforbes.com · May 2026AI powered retail intelligence firm RADAR lands $170 million in funding, hits $1 billion valuation — Retail Technology Innovation Hubretailtechinnovationhub.com · May 2026RADAR Raises $170 Million, Reaches $1 Billion Valuation to Bring Physical Retail Into the AI Erabusinesswire.com · May 2026Radar reaches unicorn status in series B funding roundcnbc.com · May 2026

Frequently asked questions

What does RADAR do?
RADAR is an RFID-based hardware and software platform that enables real-time inventory tracking and location accuracy in retail stores. The system provides item-level visibility to reduce out-of-stocks, improve fulfillment, and enables checkout-free shopping experiences.
Who founded RADAR?
RADAR was founded by Spencer Hewett in 2013.
Who are RADAR's investors?
RADAR's investors include Align Ventures, Colle Capital Partners, PROOF, Y Combinator, Nimble Partners, Sound Ventures.
How much funding has RADAR raised?
RADAR has disclosed $340M raised across 2 rounds.
Where is RADAR headquartered?
RADAR is headquartered in New York City, US.