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§ Private Profile · San Francisco, CA, USA
Zippin is a technology company.
Zippin has raised $44.3M across 4 funding rounds.
Key people at Zippin.
Zippin has raised $44.3M in total across 4 funding rounds.
Zippin develops and deploys autonomous retail technology, enabling checkout-free shopping experiences for physical stores. Its core product utilizes a sophisticated combination of AI, computer vision, and sensor fusion to accurately track products and shoppers, allowing customers to simply pick items and walk out without traditional checkout lines. This system provides retailers with real-time inventory insights and operational efficiencies by automating the in-store purchasing process.
The company was co-founded in 2018 by Krishna Motukuri and Motilal Agrawal. Their foundational insight centered on the potential to eliminate friction from the brick-and-mortar retail experience, leveraging advancements in artificial intelligence to create seamless customer journeys. Both founders brought expertise in technology and product development, recognizing the growing consumer demand for convenience and speed in retail.
Zippin’s platform is adopted by a range of clients, including various retail environments and sports venues seeking to modernize their concessions and in-store offerings. The company’s long-term vision is to establish itself as the foundational operating system for the fully automated store of the future, continuously enhancing the efficiency and customer-centricity of physical retail spaces.
Zippin is a technology company that builds an AI-powered checkout-free shopping platform designed to eliminate checkout lines and self-checkout processes in retail stores. Their product serves retailers, including convenience stores, kiosks, fast-casual restaurants, airports, and sports venues, enabling customers to enter, grab items, and leave without manual checkout. Zippin’s technology uses advanced AI, computer vision, and sensor fusion to accurately track shopper behavior and product movement, improving throughput, customer satisfaction, and retailer profitability. The platform also provides retailers with detailed analytics to optimize inventory and promotions. Zippin has demonstrated strong growth momentum, with stores powered by their technology seeing revenue increases up to 80%, labor cost reductions of 15-25%, and saving shoppers over 750,000 hours by eliminating lines[1][2][5].
Zippin was founded in 2018 by industry veterans from Amazon and SRI with deep expertise in retail technology, AI, and computer vision. The idea originated when co-founder and CEO Krishna Motukuri experienced frustration with long checkout lines while shopping for his toddler, inspiring him to create a frictionless shopping experience. Early traction came from developing proprietary technology that combines overhead cameras, shelf sensors, and machine learning to deliver highly accurate item tracking even in crowded stores. The company has since evolved to become a leader in the emerging frictionless economy, backed by venture funding from prominent Silicon Valley investors[1][3].
Zippin rides the wave of the frictionless economy and cashierless retail trend, driven by consumer demand for convenience and retailers’ need to address labor shortages and rising costs. The timing is favorable due to advances in AI, computer vision, and sensor technologies, as well as growing acceptance of contactless and automated shopping experiences post-pandemic. Zippin’s platform influences the broader ecosystem by setting new standards for retail automation, enabling diverse venues like airports and sports arenas to enhance customer experience while boosting operational efficiency. Their technology also contributes to the growing market for unmanned stores, projected to expand rapidly in the coming years[1][3][5].
Looking ahead, Zippin is positioned to expand its footprint across new retail sectors and geographies, leveraging its flexible platform to add features like biometric payments and deeper integrations with loyalty programs. Trends such as increased adoption of AI-driven automation, demand for personalized shopping experiences, and the rise of omnichannel retail will shape their journey. As frictionless shopping becomes mainstream, Zippin’s influence is likely to grow, potentially becoming the operating system for automated stores worldwide, fulfilling their vision to banish checkout lines for good[1][4][5].
Zippin has raised $44.3M in total across 4 funding rounds.
Zippin's investors include Bridge Latam, Far Out Ventures, Incipio Ventures, Kamay Ventures, Reach Capital, Wayra Hispam, Kevin Hartz, Alt Capital, Corazon Capital, Maven Ventures, MizMaa Ventures, Montage Ventures.
Zippin has raised $44.3M across 4 funding rounds. Most recently, it raised $300K Seed in June 2022.
Key people at Zippin.