Standard AI

San Francisco, United States Founded: 2017 • Age: 9 yrs
AI-enabled automated checkout solutions are offered for offline retailers.

About Standard AI

Standard AI is a company based in San Francisco (United States) founded in 2017 by Jordan Fisher. It operates as a AI-as-a-Service. Standard AI has raised $235.54 million across 5 funding rounds from investors including SoftBank Vision Fund, SK Networks and CRV. The company has 120 employees as of December 31, 2023. Standard AI has completed 5 acquisitions, including DeepMagic, Explorer.ai and Pathr. Standard AI offers products and services including VISION. Standard AI operates in a competitive market with competitors including Trax, Wiser, RetailNext, SPINS and Grabango, among others.

  • Headquarter San Francisco, United States
  • Employees 120 as on 31 Dec, 2023
  • Founders Jordan Fisher
  • Stage Unicorn
  • Sectors
    Retail
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Standard Ai
Operational Areas
Retail → Retail Technology & Automation
Retail → E-Commerce Platforms & Marketplaces
Technology → Artificial Intelligence & Machine Learning
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $235.54 M (USD)

    in 5 rounds

  • Latest Funding Round
    $150 M (USD), Series C

    Feb 17, 2021

  • Investors
  • Employee Count
    120

    as on Dec 31, 2023

  • Investments & Acquisitions
    DeepMagic

    & 4 more

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Products & Services of Standard AI

Standard AI offers a comprehensive portfolio of products and services, including VISION. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Real-time shopper insights are delivered using security footage.

People of Standard AI
Headcount 50-200
Employee Profiles 24
Employee Profiles
People
Davide Mazzini
Staff Machine Learning Researcher
People
Geoffrey Neal
Staff Backend Engineer
People
Chris Arnold
VP, Products
People
Igor Moiseev
Sr. Director Of Engineering

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Funding Insights of Standard AI

Standard AI has successfully raised a total of $235.54M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $150 million completed in February 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 5
  • Last Round Series C — $150.0M
  • First Round

    (10 Oct 2017)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2021 Amount Series C - Standard AI Valuation SoftBank Vision Fund
Jul, 2019 Amount Series B - Standard AI Valuation EQT Ventures
Nov, 2018 Amount Series A - Standard AI Valuation Initialized Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Standard AI

Standard AI has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include SoftBank Vision Fund, SK Networks and CRV. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments in technology and startups.
Founded Year Domain Location
CRV is recognized as a venture capital firm investing in technology startups.
Founded Year Domain Location
Venture capital investments in technology and innovation sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Standard AI

Standard AI has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include DeepMagic, Explorer.ai and Pathr. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
In-store analytics solutions are provided for retailers via spatial AI.
2019
Fully automated AI and IoT-based unmanned retail stores are provided.
2017
Collaborative 3D mapping and localization for self-driving vehicles is provided.
2017
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Standard AI

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Standard Ai Comparisons

Employees
+
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Competitors of Standard AI

Standard AI operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Trax, Wiser, RetailNext, SPINS and Grabango, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based analytics solutions for retail shelf management are delivered.
domain founded_year HQ Location
Price intelligence and optimization software is provided for e-commerce retailers.
domain founded_year HQ Location
In-store customer behavior is tracked and analyzed in real-time.
domain founded_year HQ Location
Retail consumer analytics services are provided for natural products sector.
domain founded_year HQ Location
App-based automated checkout solutions are provided for offline retailers.
domain founded_year HQ Location
Business analytics software is provided for CPG retailers and suppliers.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Standard Ai

Frequently Asked Questions about Standard AI

When was Standard AI founded?

Standard AI was founded in 2017.

Where is Standard AI located?

Standard AI is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Who is the current CEO of Standard AI?

Jordan Fisher is the current CEO of Standard AI. They have also founded this company.

Is Standard AI a funded company?

Standard AI is a funded company, having raised a total of $235.54M across 5 funding rounds to date. The company's 1st funding round was a Series A of $40M, raised on Oct 10, 2017.

How many employees does Standard AI have?

As of Dec 31, 2023, the latest employee count at Standard AI is 120.

What does Standard AI do?

Standard AI is engaged in delivering AI-powered solutions for the retail sector. Through its primary product, VISION, security camera footage is analyzed to provide real-time shopper insights. Retailers and brands are supported in measuring in-store engagement, optimizing product placement, and enhancing customer experiences. The technology is designed to offer e-commerce level data in physical stores, covering areas such as shopper behavior, media impact, and sales conversion. Solutions are tailored to improve store performance without requiring new hardware.

Who are the top competitors of Standard AI?

Standard AI's top competitors include Trax, Eversight and Wiser.

What products or services does Standard AI offer?

Standard AI offers VISION.

How many acquisitions has Standard AI made?

Standard AI has made 5 acquisitions, including DeepMagic, Explorer.ai, and Pathr.

Who are Standard AI's investors?

Standard AI has 7 investors. Key investors include SoftBank Vision Fund, SK Networks, CRV, EQT Ventures, and Initialized Capital.

What is Standard AI's valuation?

The valuation of Standard AI is $1B as of Feb 2021.

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