On January 11, 2023, Raydiant, a leader in-store experiences, acquired Sightcorp and Perch, thereby deepening its AI and computer vision capabilities. Additionally, Raydiant has added hundreds of application partners in order to become the leading in-store experience platform.
The completion of the two acquisitions will add increased capabilities to a single platform, thus enabling retailers to develop dynamic and data-driven experiences that only Raydiant can create. The new groundbreaking capabilities to enhance in-store experience include Lift-and-learn, People AI, Interactive digital signage and an Open application marketplace.
Raydiant revealed that its Raydiant Marketplace now includes hundreds of partner applications, such as virtual try-On platforms PerfectCorp, FaceCake, and Holition; retail media network monetization platforms; inventory and planogram compliance detection; and employee management and gamification. Raydiant has also joined with the leading point-of-sale systems for catalogs, dynamic menus, pricing, and personalization, including Square, NCR, Lightspeed, Toast, PAR/Brink, and Clover.
Six among the top 10 consumer packaged goods firms and six of the top 25 retailers use Raydiant's platform, which drives an average sales growth of 87%. In addition, Business Insider has named Raydiant as one of the top ten most promising startups among venture capitalists.
Raydiant continues to bolster its platform to develop a truly personalized shopping experience that blends the best of digital and physical shopping, therefore enhancing customer engagement and loyalty.
About Raydiant
Founded in 2017 and headquartered in San Francisco, California, Raydiant is the prominent in-location experience management platform for the world's leading retail, e-commerce, restaurant, hospitality and banking companies. Its platform enables enterprises to develop customized and engaging end-to-end content experiences that drive more customer and employee engagement, hence boosting client revenue. Raydiant's cloud-based, plug-and-play solution allows clients to design, manage, and expand on-screen experiences across one or one hundred thousand locations, saving them time, resources, and logistical headaches. It works with more than 3,500 brands, from SMB to enterprise, including First Bank, Dickey's BBQ, Harvard University, The Salvation Army, Red Bull, Chick-Fil-A, Thomson Reuters, as well as the U.S. gourmet burger chain, Wahlburgers.