RADAR, an AI-powered inventory tracking technology company, has secured more than US $ 50 million in funding from investors that include Y Combinator, Align Ventures, Sound Ventures, Founders Fund, and the family offices behind brands such as Michael Kors. The company will use the funds to expand its operations and continue providing its innovative services.
In addition, RADAR has partnered with American Eagle Outfitters to deploy its RFID and computer vision-based inventory tracking technology in approximately 500 American Eagle stores across the US over the next year. The technology will enable employees to track and locate in-store inventory in real-time, helping them serve customers more efficiently and accurately fulfill orders.
According to RADAR’s Founder and CEO, Spencer Hewett, having complete visibility into store inventory is crucial to achieving an excellent customer experience. American Eagle’s EVP and COO, Michael Rempell, expressed excitement about the implementation of RADAR’s technology, which will unlock operational and inventory efficiencies and empower associates to serve customers better.
Bharat Tex Special Report 2026 
