Tech Company Financing Transactions
Standard Cognition Funding Round
Standard Cognition, based in San Francisco, scored $35 million from CRV, EQT Ventures and Initialized Capital.
Transaction Overview
Company Name
Announced On
7/26/2019
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Undisclosed
Investors
Proceeds Purpose
To date, the company has installed its hardware in five stores in the U.S. and Japan, with plans to expand globally using the new investment.
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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