Shopic

The business operates a B2B model providing hardware-plus-software systems to physical retailers, primarily supermarkets and grocery chains. Value is created by enabling faster checkout, improved loss prevention at self-checkout, richer shopper data, and new monetisable retail media inventory through cart-mounted screens and targeted promotions.

Revenue is generated through deployment of clip-on cart devices and computer vision modules in stores, combined with ongoing access to cloud and edge software, analytics, and integration support. Contracts are likely structured on per-device or per-store terms with recurring subscription or service components. Additional value is created for retailers through incremental advertising and promotions sold on the cart interface, but the platform provider is primarily paid by retailers rather than brands or consumers.

Shopic is an Israel-based private company that develops AI-powered computer vision solutions for brick-and-mortar grocery and retail stores. Its core offerings are a clip-on smart cart device that turns standard shopping trolleys into checkout and in-store engagement terminals, and a self-checkout loss-prevention system that detects unscanned items in real time.

The company generates revenue by selling and deploying hardware devices combined with recurring software, analytics, and services contracts to supermarket and retail chains. Customers are retailers seeking to digitise stores, speed up checkout, reduce shrink at self-checkout, and create a retail media surface for targeted promotions. Although a UK entity under the same name has been dissolved, the main business operates from Israel and has raised venture funding, including a Series B round led by Qualcomm Ventures.