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Standard Cognition was founded in 2017 by Brandon Ogle, David Valdman, John Novak, Jordan Fisher, and Michael Suswal. The company has not publicly endorsed a plan to participate in an IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Standard Cognition is developing an automated checkout system for retail stores. The system uses a network of AI-powered cameras to track shoppers within a store, automatically charging them for what they purchase without them having to wait in line as in a traditional checkout process. The company has raised $235 million in venture capital funding from investors including SoftBank Vision Fund 2, CRV, EQT Ventures, TI Platform Management,Initialized Capital, Charles River Ventures, Draper Associates, and SK Networks. In a press release, Standard Cognition announced that a $150 million funding round had increased its valuation to more than $1 billion, making it the first unicorn in the automated checkout industry.
Standard AI does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Standard AI will be known as it becomes public. Here are similar public companies: Amazon (NAS: AMZN), Walmart (NYS: WMT), Nike (NYS: NKE), Apple (NAS: AAPL), Facebook (NAS: META).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 6/30/2021 | Series C | $178.27MM raised | $XXX.XX | $XXX.XX |
| 7/25/2019 | Series B | $35.04MM raised | $XXX.XX | $XXX.XX |
| 11/15/2018 | Series A, A-1, A-2, A-3, A-4, A-5, A-6, A-7 and A-8 | $51.12MM raised | $XXX.XX | $XXX.XX |
Standard Cognition is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Standard Cognition pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Standard Cognition is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
