RADAR secures $50m in funding and gears up to deploy inventory tracking technology in American Eagle stores

American Eagle Outfitters is set to launch RADAR’s AI powered inventory tracking technology in approximately 500 American Eagle stores across the US over the next year.

RADAR uses a combination of RFID and computer vision to track and locate in-store inventory in real-time, enabling employees to know what product is in-store, and where, so they can more easily and efficiently serve customers, replenish items on the sales floor, and fulfil in-store and curbside pickup orders.

In addition to the American Eagle deal, RADAR also announced that it has secured more than $50 million in funding to date from investors that include Y Combinator, Align Ventures, Sound Ventures and Founders Fund, and the family offices behind brands such as Michael Kors.

“With consumers back to shopping in stores, many retail brands are looking to elevate the in-store experience, and having complete visibility into store inventory is crucial to achieving that,” says Spencer Hewett, Founder and CEO at RADAR.

“We’re thrilled to be partnering with the American Eagle brand so they can continue delivering an excellent customer experience.”

“AEO is extremely proud of the exceptional service that we provide to our customers, and we are always exploring new technologies and innovative ways to empower our brand teams to deliver a seamless shopping experience,” says Michael Rempell, EVP – Chief Operating Officer, AEO.

“Our initial test with RADAR provided visibility into inventory availability and placement with impressive accuracy. Based on those results, we are excited to begin implementing RFID technology to unlock operational and inventory efficiencies, while arming our associates to best serve the needs of customers.”