Caper AI

Caper
Company typeSubsidiary
IndustryRetail software, AI technologies in retail
Founded2016
HeadquartersNew York, US
Area served
US and Canada[1]
Key people
Lindon Gao (CEO), York Yang, Yilin Huang, Ahmed Beshry[1][2][3]
ProductsCaper Carts[4]
ServicesAutonomous checkout software
ParentInstacart
Websitewww.caper.ai

Caper is a software technology company that develops and deploys AI-powered automated checkout devices[5] as well as AI-based software applications[6][7] for retailers, grocers, convenience stores and other general merchandising store formats.[1][8][9] Caper AI was established in 2016 by Lindon Gao, York Yang, Yilin Huang and Ahmed Beshry. It is headquartered in Manhattan, New York.[10]

In October 2021, American retail delivery company Instacart acquired Caper for $350 million.[11]

  1. ^ a b c "How A.I. Is Making Supermarkets Less Exhausting". The Wall Street Journal.
  2. ^ "These smart shopping carts will let you skip the grocery store line". CNN. 23 December 2019.
  3. ^ "Caper Cofounders". Forbes.
  4. ^ "Kroger tests 'smart' shopping cart from Caper". Supermarket News. 19 January 2021.
  5. ^ "Kroger Is Testing A New Smart Cart That Lets Shoppers Skip The Checkout Line". Forbes.
  6. ^ "This shopping cart knows what you're buying". CNN Business. 23 December 2019.
  7. ^ "Caper CEO Looks to Cut the Checkout Line with 'Smart Shopping Cart'". Cheddar.
  8. ^ "To Beat Amazon At Its Own Game, Retailers Are Turning To Caper, The AmazonGo Experience In A Cart". Forbes.
  9. ^ "Sobeys tests smart shopping cart that scans and checks out". 23 October 2019.
  10. ^ "Tired of long lines? A Canadian grocery chain debuts Smart Carts with self-checkout". The Washington Post.
  11. ^ Wiggers, Kyle (October 19, 2021). "Instacart acquires smart checkout startup Caper AI for $350M". VentureBeat. Retrieved August 9, 2023.