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. The Standard Cognition solution helps retailers reduce labor costs, improve the customer experience, and improve profit margins by up to 100 percent. It's also helping retailers of all sizes compete with larger chains and online offerings such as Amazon.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 10/10/17 | $5,000,000 | Seed |
CRV Initialized Capital Y Combinator | undisclosed |
| 11/17/18 | $40,000,000 | Series A |
CRV Draper Associates Initialized Capital Y Combinator | undisclosed |
| 07/25/19 | $35,000,000 | Series B |
CRV EQT Ventures Initialized Capital Y Combinator | $535,000,000 |
| 02/18/21 | $150,000,000 | Series C |
CRV EQT SoftBank Vision Fund 2 | undisclosed |
