Shopic
Shopic provides AI-powered computer vision hardware and software for grocery retailers, converting standard shopping carts into smart carts that recognize products in real time, while offering loss prevention, retail media, and store analytics modules. The company sells enterprise contracts to large supermarket chains globally.
- Company typePrivate
- Founded2015
- HeadquartersTel Aviv, Israel
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Shopic does
Shopic is an Israel-based computer vision company that builds AI-powered hardware and software for grocery retailers, with its flagship product being the patent-protected Shop-E clip-on device that converts standard shopping carts into smart carts capable of real-time SKU recognition, live basket totals, on-cart payment, and personalized in-cart promotions. The platform extends beyond the cart into a Vision-Powered Loss Prevention module for self-checkout (launched June 2025) that detects scan errors and shrink using edge-based AI, as well as a Retail Media module and a Store Analytics module delivering heat maps, planogram compliance, and inventory visibility. The underlying AI runs on-device at the edge, eliminating the need for store servers or network upgrades and supporting recognition across 100,000+ SKUs with reported accuracy above 95%. The company generates revenue through a hybrid model combining hardware sales (Shop-E devices and charger units), recurring SaaS subscriptions for the analytics and platform software, retail media revenue share, and implementation/professional services, sold via multi-year enterprise contracts. Go-to-market is direct enterprise sales to large supermarket chains, supplemented by strategic implementation partnerships with Capgemini (France, US) and Retex (Italy); named enterprise customers include Shufersal (2,000 carts in Israel), Walmart Chile, Intermarché (France), Dimar and PAC 2000A Conad (Italy), and Waitrose.
Shopic firmographics
Firmographics- Name
- Shopic
- Legal name
- Shopic
- Website
- https://shopic.co
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Shopic provides AI-powered computer vision hardware and software for grocery retailers, converting standard shopping carts into smart carts that recognize products in real time, while offering loss prevention, retail media, and store analytics modules. The company sells enterprise contracts to large supermarket chains globally.
- Ownership category
- akta.pro rank
Shopic industry classification
Industry- Product category
- Retail Technology Solutions
- akta.pro primary industry
- Automated/Unattended Convenience Stores (Smart/Checkout-Free) (CRAHABAK)
- akta.pro secondary industries
- Retail Access Control & Key/Lock Management (Store-level) (BPAKAJAJ), Shopper & Retail Insights (In-Store/Path-to-Purchase, Category Insights) (MPAAALAJ)
Keywords
Where Shopic is headquartered
LocationHeadquarters
- HQ city
- Tel Aviv
- HQ country
- Israel
- HQ region
- Middle East
Offices1 record
Markets served
Shopic business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Smart Cart Hardware (Shop-E): Sale of AI-powered clip-on Shop-E devices that attach to standard shopping carts. Devices are deployed with charger-shelf units and plastic mounts.
- SaaS Platform Subscription: Ongoing subscription for access to computer vision platform, real-time analytics, loss prevention capabilities, and retail media management tools.
- Retail Media Revenue Share: Retail media inventory on cart screens can be used for retailer promotions or sold to advertisers, with revenue sharing opportunities.
- Implementation and Training Services: Professional services for system integration, AI model training for product recognition, and staff training during deployment.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Hybrid | Multi-year contract | Enterprise deployment pricing (custom) |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels4 records
Shopic product offering
Product offeringCore offering
Shopic provides an AI-powered computer vision platform for grocery retailers, featuring a patent-protected clip-on device (Shop-E) that transforms standard shopping carts into smart carts with real-time item recognition, on-device edge processing, and touchscreen checkout. The platform also includes vision-powered loss prevention for self-checkout areas, a retail media channel for in-cart personalized promotions, and real-time store analytics covering shopper behavior, heat maps, planogram compliance, and inventory monitoring.
Product overview
Shopic offers a computer vision and AI-powered retail platform comprising the Vision-Powered Smart Cart with its Shop-E clip-on device as the core product, supplemented by Vision-Powered Loss Prevention for checkout security, Retail Media for in-cart promotions, and Store Analytics for operational insights. The modular platform enables retailers to digitize physical stores by transforming standard shopping carts into smart carts that automatically recognize products, display real-time totals, process payments, and deliver personalized promotions—all while generating actionable data for store optimization.
Differentiator
Problem solved
Functional benefit
Brands
- Shop-E: AI-powered patent-protected clip-on device that turns any standard shopping cart into a smart cart, featuring computer vision for product recognition, touchscreen display, and real-time checkout capabilities.
- Vision-Powered Loss Prevention
Products and services
- Vision-Powered Smart Cart (Shop-E) AI-powered clip-on device that attaches to any standard shopping cart, transforming it into a smart cart. Uses computer vision to automatically recognize products placed in or removed from the cart, displays live basket total on touchscreen, enables on-cart checkout, and delivers personalized promotions. Designed for large grocery retailers and supermarket chains.
- Vision-Powered Loss Prevention AI-powered item-level recognition solution for loss prevention at self-checkout and other checkout touchpoints. Detects scan errors, identifies fraud, and reduces shrinkage in real-time using computer vision with edge-based processing. Reports >90% shrink incident detection and <5% false positive rate. Designed for grocery retailers and supermarket chains.
Quantifiable outcome
- 95%+ product recognition accuracy based on visual data
- +6 more outcomes
Companies that use Shopic
Customer profileNamed customers6 records
Segments2 records
Ideal customer profiles1 record
Shopic technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability6 records
Feature6 records
Shopic partnerships and signals
Strategic signalScale indicators9 records
Recent moves7 records
Expansion highlights5 records
Shopic competitors and assessment
Company assessmentDirect peers
- Scandit: Enterprise computer vision and barcode scanning platform serving grocery and retail with item recognition and shopper data capture. Overlaps with Shopic's CV-based item recognition and analytics capabilities.
- Zippin: Checkout-free retail technology provider using computer vision and sensors, focused on frictionless grocery and convenience. Competes for the same enterprise retailer accounts and pilots.
- Standard AI: Computer vision platform for autonomous checkout and store analytics using ceiling cameras. Competes with Shopic for retailer attention on frictionless checkout and in-store analytics, with comparable enterprise grocery pilots.
- Caper Cart (Instacart): AI-powered smart cart with built-in computer vision and checkout, owned by Instacart. Directly competes with Shopic's Shop-E clip-on smart cart for grocery chain deployments.
- AiFi: Computer vision-based checkout-free store technology deployed with grocery and convenience retailers. Competes with Shopic's smart cart and analytics solutions for the same enterprise retail accounts.
- Trigo Vision: Israel-based computer vision platform enabling frictionless, cashierless grocery stores via ceiling-mounted cameras. Directly competes with Shopic in the same grocery-retail CV category, often engaging the same enterprise grocery accounts.
- Amazon Dash Cart: Amazon's proprietary smart shopping cart with computer vision-based item recognition for Amazon Fresh and Whole Foods. Represents the vertically integrated incumbent threat in the same smart cart category.
Broad incumbents
- Toshiba Global Commerce Solutions: Large retail technology incumbent serving grocery and convenience chains with POS, self-checkout, and store systems. Represents the broader incumbent landscape Shopic competes against for retailer IT dollars.
- VusionGroup: Large European retail digital transformation company (formerly SES-imagotag) covering IoT, ESL, and in-store data platforms. Broadly competes in digitalizing grocery retail, with wider product scope than Shopic.
- NCR Voyix: Major enterprise POS and retail technology provider with extensive grocery chain footprint. Adjacent incumbent offering checkout and store technology bundles that could compete with or complement Shopic.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Shopic social profiles
Digital presenceShopic compliance and trust
Trust signalCompliance3 records
Shopic financial estimates
Financial estimateRevenue estimate
Valuation estimate
Shopic leadership team
Management profileNumber of profiles
Profiles7 records
Shopic funding detail
Funding detailFunding overview
Funding rounds7 records
Investors14 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Shopic M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Shopic
What does Shopic do?
Shopic provides an AI-powered computer vision platform for grocery retailers, featuring a patent-protected clip-on device (Shop-E) that transforms standard shopping carts into smart carts with real-time item recognition, on-device edge processing, and touchscreen checkout. The platform also includes vision-powered loss prevention for self-checkout areas, a retail media channel for in-cart personalized promotions, and real-time store analytics covering shopper behavior, heat maps, planogram compliance, and inventory monitoring.
Is Shopic a public or private company?
Shopic is a private company. It is classified as venture growth investor backed and is currently operating.
When was Shopic founded?
Shopic was founded in 2015. It employs 51 to 100 people.
Where is Shopic based?
Shopic is headquartered in Tel Aviv, Israel, in the Middle East region.
How does Shopic make money?
Four revenue lines are on record. Smart Cart Hardware (Shop-E) is the primary driver. The others are saaS Platform Subscription, retail Media Revenue Share and implementation and Training Services.
Who are Shopic's main competitors?
Direct peers on record are Scandit, Zippin, Standard AI, Caper Cart (Instacart), AiFi, Trigo Vision and Amazon Dash Cart. Broad incumbents are Toshiba Global Commerce Solutions, VusionGroup and NCR Voyix.
Does Shopic have an API?
No public API is recorded for Shopic.
What industry is Shopic in?
Shopic's product category is Retail Technology Solutions. Its primary akta.pro industry code is CRAHABAK, Automated/Unattended Convenience Stores (Smart/Checkout-Free), with a secondary code of BPAKAJAJ, Retail Access Control & Key/Lock Management (Store-level).