Zippin, a San Francisco, CA-based provider of checkout-free technology, closed a $30 million in Series B funding. Backers included OurCrowd, Maven Ventures, Evolv Ventures, and SAP.
The company intends to use the funds to scale its checkout-free platform and power tens of thousands of stores by 2025.
Company: Zippin store
Raised: $30.0M
Round: Series B
Funding Month: September 2021
Lead Investors:
Additional Investors: OurCrowd, Maven Ventures, Evolv Ventures, and SAP
Company Website: https://www.getzippin.com/
Software Category: AI-Driven Checkout-Free Technology Platform
About the Company: Led by Krishna Motukuri, Co-founder & CEO, Zippin has developed checkout-free technology which enables retailers to quickly deploy frictionless shopping in their stores. Its patent-pending technology uses AI, deep learning, and sensor fusion to power a consumer experience that banishes checkout lines and self-scanners for good, and allows shoppers to zip in and out with their purchases.
Source: https://www.finsmes.com/2021/09/zippin-raises-30m-in-series-b-funding.html