Caper AI is a funded company based in New York, United States, founded in 2016 by Lindon Gao, York Yang, Yilin Huang, and Ahmed Beshry. It operates as a retail technology firm specializing in AI-powered automated checkout devices and software applications for retailers, grocers, and convenience stores. Caper AI has raised $10 million in Series A funding and was acquired by Instacart in October 2021 for $350 million. The company has several active competitors, including Trigo, Standard AI, and Shopic.
Caper AI Corporate Details & Core Services
Caper AI develops AI-powered automated checkout devices and software applications for retailers, grocers, and convenience stores, enhancing the in-store shopping experience through smart shopping carts and cashierless checkout solutions.
Lux Capital, First Round Capital, FundersClub, Y Combinator
What are Caper AI's Core Products?
Name
Description
Caper Cart
An AI-powered shopping cart that uses computer vision and sensors to detect and add items to a digital shopping list, allowing for seamless in-cart checkout.
Caper Counter
A smart checkout counter that employs AI and cameras to scan items without barcodes, facilitating faster express checkout for customers.
What are the latest developments at Caper AI?
Date
Type
Description
October, 2021
Acquisition
Instacart acquires Caper AI for $350 million to enhance in-store shopping technology.
What industry awards and recognitions has Caper AI received?
Date
Type
Description
September, 2024
Design Award
Professional Concept and Product Concept Category Winner
October, 2024
Innovation Award
FastCompany Innovation By Design 2024
Caper AI VS Trigo VS Standard AI VS Shopic : 2026 Comparison
