Tech Company Financing Transactions
Standard Cognition Funding Round
On 11/16/2018, Standard Cognition raised $40 million in Series A investment from Initialized Capital, CRV and Draper Associates.
Transaction Overview
Company Name
Announced On
11/16/2018
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series A
Investors
Proceeds Purpose
This financing round will enable the company to expand its team and accelerate its ongoing global expansion as it rolls out its customers' initial autonomous checkout-enabled stores.
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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