
About
Panoptyc
Panoptyc is a retail loss prevention technology company based in Detroit, Michigan, with a presence across four continents. Founded by Mac Bolak, the company specializes in advanced AI, machine learning, and computer vision to detect and prevent theft in retail settings. Panoptyc protects over 20,000 retail locations worldwide, including grocery stores, convenience stores, and micro markets.
The company offers several solutions, including Guardian, a theft detection system; Sentry, which monitors micro market walkouts; Market Detective, for analyzing theft patterns; and Theft Assistant, an AI tool for proactive theft prevention. Their technology has evolved from sports analytics to retail, enabling them to catch around 400,000 theft incidents annually and achieve significant shrink reduction for their clients. Panoptyc aims to scale its technology to protect 1 million retail locations globally, focusing on enhancing operational efficiency and reducing theft for major retailers and micro market operators.
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