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.

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Learn more about Standard AI

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What is Standard AI's IPO price?

The IPO price for Standard AI will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.
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Can you invest in Standard AI?

Standard AI 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.

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Can you sell Standard AI shares pre-IPO?

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Is Standard AI a publicly traded company?

Standard AI is a private company and not publicly traded.

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What is Standard AI's funding to date?

Standard AI has raised $264.42MM to date.
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When was Standard AI founded?

Standard AI was founded in 2017.

Who are Standard AI's major investors?

EQT Ventures
TI Platform Management

Standard AI Funding Rounds and Last Known Valuation

Date Funding Round Funding Raised Price per Share Last Known 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
Based on primary financings
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Updated on: May 21, 2024


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