RADAR raises $170M Series B at $1B valuation to bring real-time AI-powered inventory tracking to physical retail stores

by | May 19, 2026 | Latest E-commerce News & Updates

RADAR, an AI-powered retail intelligence platform that uses overhead RFID sensors to deliver 99% item-level inventory accuracy in real-time, raised $170M in Series B funding co-led by Gideon Strategic Partners and Nimble Partners with participation from Align Ventures, bringing its valuation to $1B. The platform combines ceiling-mounted sensors, software, and analytics into a single system that tracks every tagged item across the sales floor, stockroom, and fitting rooms, converting location signals into automated replenishment alerts, omnichannel fulfillment routing, loss prevention triggers, and merchandising intelligence, with RADAR processing more than 100B item-level events per day. The company is currently deployed across more than 1,400 stores with major U.S. retailers including American Eagle Outfitters and Old Navy, and plans to use the funding to accelerate deployments, advance next-generation sensor hardware, expand AI analytics, accelerate autonomous checkout development, and grow across Canada, EMEA, and Latin America. RADAR also announced the appointment of Abi Viswanathan as CFO, who was previously CFO of autonomous vehicle company Nuro.

Paul Drecksler is the founder and editor of Shopifreaks, covering the most important stories in e-commerce.

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