RADAR announced it has raised $170 million in Series B funding at a $1 billion valuation. The round was co-led by Gideon Strategic Partners and Nimble Partners, with participation from Align Ventures.
The company is focused on bringing real-time inventory intelligence to physical retail stores through a vertically integrated platform that combines proprietary overhead sensors, software, and analytics. RADAR said its technology delivers 99% item-level inventory accuracy in real time, enabling retailers to gain continuous visibility into inventory location and availability across stores.
RADAR said the platform allows retailers to automate replenishment alerts, improve omnichannel fulfillment routing, strengthen loss prevention, and generate merchandising intelligence. The system continuously tracks tagged items across sales floors, stockrooms, and fitting rooms through ceiling-mounted sensors that feed operational data into the company’s software platform.
The company said its technology is currently deployed across more than 1,400 stores with major U.S. retailers including American Eagle Outfitters and Old Navy.
RADAR also said it processes more than 100 billion item-level events per day, creating what it describes as one of the largest datasets capturing in-store customer and product interactions. The company believes this data foundation will help retailers forecast demand, optimize assortments, and improve consumer behavior analysis in physical stores.
The company plans to use the funding to accelerate deployments across retailers, advance next-generation sensor hardware, expand AI analytics capabilities, accelerate autonomous checkout development, and support growth across Canada, EMEA, and Latin America.
RADAR also announced the appointment of Abi Viswanathan as Chief Financial Officer. Viswanathan previously served as CFO of Nuro and was an early member of Uber’s Strategic Finance team.
The company has offices in San Francisco, San Diego, and New York City.
KEY QUOTES:
“In 2026, operating without real-time intelligence in physical retail means choosing to leave billions of dollars on the table. RADAR is changing that. Today, we’re empowering retailers to run stores with the same precision as e-commerce. This round signals market conviction in the scale of the opportunity and accelerates our ability to extend that advantage across retail and beyond.”
Spencer Hewett, Founder and CEO, RADAR
“Inventory is one of the largest and most critical assets for retailers, yet it is often managed with surprisingly low levels of accuracy. RADAR is changing that by giving leading retailers the real-time, high-accuracy inventory data they need to operate more efficiently, improve store productivity, serve customers better, and compete more effectively. I’m excited to leverage my experience scaling high-growth technology companies to help RADAR build on its momentum and scale through this next chapter.”
Abi Viswanathan, CFO, RADAR
“The physical world has long been a blind spot in an otherwise data-driven economy. RADAR is closing that gap. Starting with retail, the company is delivering clear, measurable ROI today while building a proprietary data advantage that strengthens with every deployment. We believe that combination positions RADAR to define the category and become a foundational layer of real-time intelligence across physical industries.”
Erik Oros, Chief Investment Officer, Gideon Capital
“RADAR brings real time data to retailers which operated like consumers before the internet.”
John Burbank, Partner and Founder, Nimble Partners
“We’re thrilled to deepen our support of RADAR as they tackle one of the largest and most overlooked inefficiencies in global retail. Physical stores have operated for decades without real-time visibility into inventory and operations, and the pressure to match the precision of e-commerce is only accelerating.”
Ben Bryce, Founder and Managing Partner, Align Ventures
