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Industries
Hardware
Consumer Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series C
Total Funding
$238M
Headquarters
San Francisco, California
Founded
2017
Standard AI provides AI-powered autonomous checkout solutions for retail stores, allowing customers to shop without waiting in line or scanning items. Their system uses advanced computer vision technology and primarily relies on ceiling-mounted cameras, making it easy to integrate into existing store layouts without major changes. This solution caters to a variety of retail clients, from small shops to large chains, with the goal of enhancing the shopping experience by reducing wait times and increasing customer satisfaction. Standard AI's business model includes selling and installing checkout systems, along with offering ongoing support and analytics services. They generate revenue through hardware and software sales, as well as subscription services for data analytics and system maintenance. Their focus on providing a scalable and easily deployable solution sets them apart from competitors, while ensuring security and privacy for users.
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Total Funding
$238M
Above
Industry Average
Funded Over
5 Rounds
Industry standards
Work from anywhere
Medical, vision, dental, & life insurance
Competitive salary
Equity opportunities
PTO
Flexible work schedule
The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.
Around the world, computer vision checkout is growing, both in terms of its availability and its physical footprint, despite significant cost challenges to making the retail technology worth its while. German grocer Rewe recently announced Europe’s largest-yet computer-vision-powered checkout store, with its new roughly 13,000-square-foot location in Hamburg. The so-called “PickGo” store, created in partnership with retail technology company Trigo Vision,. Offers Just Walk Out-style checkout as well as more traditional self-scanning kiosks, scan-less self-checkout kiosks and traditional, staff-supported checkout
DoorDash is reportedly hiring to strengthen its AI-powered voice ordering product for restaurant customers. Senior members of artificial intelligence (AI) startup Standard AI — including former CEO Jordan Fisher and co-founders Brandon Ogle and Daniel Fischetti — are joining DoorDash, Bloomberg News reported Wednesday (March 27). According to the report, the new hires will focus on the non-delivery side of DoorDash’s business, working on the AI product the company introduced last summer that helps restaurants take phone orders
SAN FRANCISCO--(BUSINESS WIRE)--Standard AI, the company unlocking data behind physical retail experiences, today announced the launch of a new product suite and the elevation of veteran company executives to CEO and CTO. Enabled by AI and computer vision, Standard AI is introducing Vision Analytics to empower retailers and brands with insights into shopper behavior, product performance, and store operations captured through unparalleled fidelity of people, products, and interactions. As the company shifts from its foundation in autonomous checkout, Angie Westbrock will assume the role of CEO following her tenure as COO and David Woollard will become CTO, a promotion from his role as SVP of Technology Strategy. Jordan Fisher, the company’s outgoing CEO and co-founder, will remain on the Standard AI board as chairman.Founded in 2017, Standard AI has long been at the forefront of applying machine learning and computer vision to the hardest problems in retail. Focused initially on solving the challenge of autonomous checkout, it created a technology stack with immediate application to map what a customer does from entrance to exit in real-time and 3D. Standard AI Vision Analytics applies continuous data capture and AI modeling to specific areas within a store to yield comprehensive insights that provide an uplift in revenue for brick-and-mortar businesses and an understanding of consumer behavior for CPG suppliers.Under Westbrock’s leadership, Standard AI is doubling down on its mission to provide a clear view into how people spend their time, attention, and decision-making power within physical spaces - an operational challenge that has lingered in the retail industry for decades
Digital commerce company NCR Voyix has introduced a new self-checkout offering. The NCR Voyix Next Generation Self-Checkout Solution, announced in a news release Sunday (Jan. 14), was designed with the arrival of frictionless hybrid stores in mind, letting retailers “pivot quickly between assisted and self-checkout lanes or cash and cashless lanes.”. The solution uses multiple signals — such as bar code scanning, computer vision, RFID and more — to lower shopper friction and “drive natural inclusivity,” the company said
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Industries
Hardware
Consumer Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series C
Total Funding
$238M
Headquarters
San Francisco, California
Founded
2017
Find jobs on Simplify and start your career today
Discover companies similar to Standard AI