Popspots builds an operating system for grocery retail combining smart checkout displays, video advertising under the trade name “Grocery TV,” and merchandising services such as out-of-stock tracking and planogram management. Its displays use integrated cameras to monitor shelves for missing or out-of-stock items. Brands and retailers use the video advertising to engage customers at checkout while leveraging the merchandising and inventory-monitoring capabilities. The company had over 25 retail partners and was on track to be in over 1,500 stores nationwide within the next year. Popspots was founded in 2016 by Marlow Nickell, Donald Oelke, and Edward Cates and is based in Austin, Texas. The company intends to use the Series A proceeds to expand operations and broaden its business reach.

Total raised

$5M

Funding rounds

1

Latest round

Series A

Latest activity

Dec 2019