Standard AI
Standard AI is a software company creating autonomous checkout systems for retailers.
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Standard CognitionAI participated in the YC S17 cohort of Y Combinator and the company raised an estimated $10,620,000.
Standard AI
Standard AI is a software company creating autonomous checkout systems for brick-and-mortar establishmentsretailers.
Standard CognitionAI is a software company creating autonomous checkout systems for brick-and-mortar establishmentsretailers. The company was founded in 2017 by David Valdman, Brandon Ogle, Michael Suswal, Daniel Fischetti, Anthony Lutz, Jordan Fisher, and John Novak.
The company offers an AI-Powered Autonomous Checkout that enables an autonomous checkout for brick and mortar retailers with its next generation AI-powered computer vision platform.
Standard Cognition is positioned as a leader in the field of computer vision, a technology that TI Platform Management believes will bring opportunities in tens of trillions of dollars across multiple sectors.
Standard Cognition raised $150M in its Series C led by SoftBank Vision Fund 2 with participation from EQT, CRV, SK Networks, and a set of investors. With the single largest investment for an autonomous checkout or pure-play computer vision company, Standard becomes the industry’s first unicorn at a billion dollar valuation. The funding is expected to be used to expand the Standard platform in new ways and bring AI-driven checkout to the masses with the opening of more than 50,000 stores in the next five years.
Standard Cognition Standard AI
Standard CognitionAI is a software company creating autonomous checkout systems for brick-and-mortar establishments.
July 25, 2019
Standard Cognition has raised $35 million in Series B financing round led by EQT Ventures, Initialized Capital, CRV and Y Combinator. The company has raised a total of $86 million in venture capital funding.
November 15, 2018
Standard Cognition has raised $40 million in Series A funding round led by Alexis Ohanian and Garry Tan’s Initialized Capital. CRV, Y Combinator, and Draper Associates joined the round that builds on the startup's $11 million in seed funding.
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