Tech Company Financing Transactions
Standard Cognition Funding Round
Standard Cognition closed a $5.5 million Seed funding round on 7/19/2018. Investors included CRV.
Transaction Overview
Company Name
Announced On
7/19/2018
Transaction Type
Venture Equity
Amount
$5,500,000
Round
Seed
Investors
CRV (Devdutt Yellurkar)
Proceeds Purpose
Standard will use the funding to accelerate its global expansion, hire AI and machine vision experts, and kick off initial pilots with multiple, global retailers.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
965 Mission St. 7th Floor
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Undisclosed
Website
Email Address
Overview
Standard Cognition is eliminating the hassle of retail checkout by removing it entirely. The company offers the only artificial intelligence-based system available to any retailer that lets consumers shop and pay without waiting in line, scanning or stopping to check out.
Management Team
Title
Name
Email & Social
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