RADAR Revenue (2024)

Spencer Hewett

CEO

CEO at Radar. Today, RADAR counts 13 employees, including COO, Michael Murphy (former Head of RFID at Inditex, the parent company of Zara), and Adam Blair, CTO (former chief engineer at Boeing has launched 18 satellites and founder of a company that built RFID systems for Intel). Even more impressive, RADAR has signed three major publicly traded billion-dollar apparel companies, two being active investors. While the company currently focuses on inventory management to drive revenue for retailers, it’s not the end goal. In Spencer’s words, “Walmart sells 80 billion items per year. If we are able to index all of it, that’s 80 billion items in the world that can be tracked. Imagine picking up a bottle of water from Walmart, throwing it in the trash and the trash can knows that its plastic and recycles it automatically. We are excited about adding intel to everything and having companies build consumer-facing platforms upon it.”