Instacart Acquires Caper AI
October 19, 2021
Instacart acquired Caper AI, an AI-powered smart cart and automated checkout technology provider, to expand its retailer enablement platform and unify online and in-store shopping experiences. The acquisition brings Caper's hardware, computer-vision capabilities and team into Instacart to accelerate in-store solutions for grocery and convenience retailers.
- Buyers
- Instacart
- Targets
- Caper AI
- Industry
- AI & Machine Learning
- Location
- New York, United States
- Transaction Type
- Buyout
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