Fundraising Fox

Standard AI

Unicorn · $1BYC S17

San Francisco, US · Founded 2017 · 150 employees · Hiring · 13 known investors

Standard AI provides computer vision intelligence for physical retail stores using existing camera infrastructure. The platform delivers privacy-safe, real-time insights about shopper behavior, media effectiveness, and store performance to help retailers optimize layouts, promotions, and operations.

Also known as Standard Cognition · Standard AI Vision Analytics · Standard Cognition, Corp.

AI & Machine LearningEnterprise SoftwareRetail TechRetailAIUnited States of AmericaItalyAmerica / CanadaEuropeFully Remote

Founders & leadership· Y Combinator alumni (S17)

Standard AI was founded in 2017 by Jordan Fisher, John Novak, Michael Suswal, and David Valdman.

JFJordan Fisher
Jordan FisherinFounder/CEO
JNJohn Novak
John NovakinFounder/Head of Hardware EngineeringJohn Novak co-founded Standard Cognition and holds a PhD in nuclear physics from Michigan State University (2013).
MSMichael Suswal
Michael Suswalin𝕏Founder/COO
DVDavid Valdman
David Valdmanin𝕏Founder

Investors · 13

Also in the syndicate · 3

Charles River VenturesDeclan KellyEric Kwanlead

Valuation · disclosed

Disclosed events
$1Bvaluation at Series CFeb 2021
filing ↗
$535Mvaluation at Series BJul 2019
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

The YC application· Summer 2017 batch

Company profile

researched Aug 2026

Standard AI (legal name Standard Cognition, Corp.) is a San Francisco-based computer vision company serving physical retailers and consumer packaged goods brands. Its VISION platform ingests feeds from a store's existing camera infrastructure and converts them into structured data about shopper traffic, engagement, movement, dwell in defined zones, service interactions, product availability and conversion. The company states it does not use facial recognition or collect personally identifiable information, and that its models focus on kinematics such as how customers interact with shelves.

The company was originally built around autonomous (cashierless) checkout, described by Y Combinator as "AI-powered checkout for retail" and as a platform letting shoppers take items without going to a cashier. In March 2024 it announced a shift away from autonomous checkout to a Vision Analytics product suite, marketing metrics including traffic and impressions, availability and out-of-stocks, conversion percentages and sales attribution by location (display versus home shelf), and A/B merchandising tests. The current site positions VISION as a way to measure verified impressions and media effectiveness in-store, and describes deployment as an edge architecture in which video remains local while derived, privacy-safe data is sent to the cloud.

Onboarding, as described by the company, involves creating a digital twin of the space, assessing existing camera coverage, configuring zones and "areas of interest," a calibration period, and then delivery via dashboards or direct data feeds.

Founding story

Sources give partially conflicting accounts. The 2024 company press release and third-party profiles state the company was founded in 2017 in San Francisco by Jordan Fisher and a team of former SEC engineers, with the goal of building cashierless checkout technology; it went through Y Combinator's Summer 2017 batch. The company's own About page states Standard AI "began in a Texas garage in 2015," when former SEC engineers started building computer vision technology for autonomous shopping and developed a stack that could map a customer's journey from store entrance to exit. That work led to the conclusion that computer vision could do for physical retail what Google Analytics did for e-commerce, which the company cites as the origin of the VISION platform.

Business model

Standard AI sells a software platform (VISION) to retailers and to brands/CPG suppliers that stock those retailers, deployed on the customer's existing camera hardware with edge compute and cloud-delivered dashboards or direct data delivery. Sources describe the offering as a portfolio of products within one platform, but do not disclose pricing or contract structure.

Not disclosed in the sources; the company describes a B2B software platform with dashboards and data delivery to retailers and brands. One third-party profile publishes an estimated revenue range of $12M-$29M, labeled an estimate rather than a reported figure.

Traction

Specific customer counts, store counts and revenue are not disclosed in the sources. The site publishes four unnamed customer testimonials describing use cases in pricing strategy, in-aisle display layout testing, service-to-conversion metrics for an automotive retailer, and filtering pass-through traffic for a travel retail group. Third-party profiles list employee figures of 131 to 150 (or a 51-200 band) and estimated, not reported, revenue of $12M-$29M. At the Series C, press coverage reported a stated goal of 50,000 stores in five years.

Latest developments

The most recent company announcement in the sources is the 26 March 2024 launch of the VISION / Vision Analytics suite alongside the CEO and CTO transitions. The current website markets VISION with an emphasis on verified impressions and retail media measurement, and a Y Combinator listing shows an open Staff Elixir Backend Engineer role (remote, US, $174K-$190K). A third-party database notes rising ranking signals for the company but reports no funding round after February 2021.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

The company positions VISION as an analytics layer for brick-and-mortar retail comparable to what web analytics provided for e-commerce, competing on fidelity of in-store measurement and on a privacy-preserving, no-facial-recognition approach that reuses installed cameras. One third-party database lists AWM as a known competitor. Third-party profiles characterize the company as having moved from a pure autonomous-checkout vendor, a category associated with Amazon Go-style cashierless stores, to a broader retail intelligence platform.

Stated differentiators are use of a retailer's existing cameras rather than new sensor hardware, edge processing that keeps video on-premises, explicit avoidance of facial recognition and PII, measurement of "verified impressions" and actual shopper behavior instead of modeled or legacy footfall metrics, and a single platform spanning multiple products. The company also cites a technology stack originally built for the harder problem of autonomous checkout as the basis for its measurement fidelity.

Technology

Camera-based computer vision and machine learning that maps customer journeys from store entrance to exit in real time and in 3D. The company says strategic camera placement, advanced algorithms and increased compute allow the system to analyze kinematics and person-product interactions without facial recognition or personally identifiable information. Deployment is at the edge with what the company describes as minimal compute requirements, keeping video local and transmitting derived data to the cloud to reduce bandwidth and simplify IT integration. Set-up includes building a digital twin of the space and defining measurement zones. Cloud, compute and sensor partners cited are Google Cloud, Nvidia and Axis Communications.

Go-to-market

Direct enterprise sales via a "Book a Demo" / "Contact Us" motion on the company site, supported by a structured onboarding sequence (camera assessment and digital twin, zone definition, calibration, dashboards or data feeds), content marketing through a company blog, and channel/technology relationships with Google Cloud, Nvidia and Axis Communications.

Brick-and-mortar retailers and their suppliers, including CPG brands. Customer testimonials on the site are attributed by role and segment rather than by name: a leading CPG brand, a regional retailer, a national automotive retailer and a global travel retail group.

Geography

Headquartered in San Francisco, California, with a registered business address at 965 Mission Street, 7th Floor, San Francisco. One third-party profile also lists a Palo Alto, United States location. The company acquired a Milan, Italy-based company in 2020, and a customer-success executive is described as covering client engagements across South Korea, Europe and North America.

History

Standard AI participated in Y Combinator's Summer 2017 batch and raised a series of rounds between 2017 and 2021, reaching a $535M post-money valuation with a $35M Series B in July 2019 and a $1.0B post-money valuation with a $150M Series C in February 2021. In May 2020 it acquired Checkout Technologies, a Milan, Italy-based AI retail checkout developer described as a competitor. At the time of the Series C, coverage reported a goal of reaching 50,000 stores within five years. On 26 March 2024 the company announced its pivot from autonomous checkout to the Vision Analytics suite, promoting COO Angie Westbrock to CEO and SVP of Technology Strategy David Woollard to CTO, while co-founder Jordan Fisher moved from CEO to board chairman.

Risks & controversies

No controversies are documented in the sources. Notable uncertainties include a discrepancy between the company's own "Texas garage in 2015" origin account and the 2017 founding date used elsewhere, differing total funding figures ($236.5M versus $237.9M) and headcount figures (131 versus 150) across third-party databases, differing founder lists between databases, no disclosed funding since February 2021, unverified revenue estimates, and the business risk inherent in a 2024 pivot away from the autonomous checkout market the company was originally built for.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Employee countAug 2026131 people
Employee rangeJan 202651-200 employees
Funding rounds countJan 2026$5
Patents assignedAug 20261
Post money valuationFeb 2021$1B
Total funding raisedAug 2026$237.9M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 5

by search overlap
retail next8 shared keywordsRetailNext offers a retail analytics platform combining foot traffic analytics, asset protection, and in-store shopper journey insights, with a conversational AI layer (Pulse AI) for querying store data in plain language. It serves retailers' operations, loss prevention, merchandising, store design, and marketing teams.
Solink7 shared keywordsSolink provides a cloud-based video security platform for brick-and-mortar businesses that integrates camera footage with operational data such as POS, alarms, and inventory to enable risk management and loss prevention. The platform serves global multi-location retail and enterprise organizations across more than 32 countries.
Pass_by7 shared keywordsPassBy provides AI-powered market intelligence for retail, combining movement, spend, and behavioural signals into datasets and tools that help retailers make decisions on store operations, expansion, marketing, and strategy. Its intelligence layer is delivered through AI assistants, a core analytics product (Almanac), and APIs that integrate into retailers' existing systems.
Startuphub7 shared keywordsStartupHub is a searchable directory and intelligence platform that tracks startups, investors, founders, funding rounds, patents, and research across the AI ecosystem, using AI agents to detect signals like funding, hiring, launches, and stealth-company activity. It serves investors, founders, sales teams, competitive intelligence, recruiting, and corporate development users, offering watchlists, alerts, market maps, email finding, and a developer API.
Erply6 shared keywordsErply provides a cloud-based point-of-sale and inventory management platform for retailers of all sizes, with offline capability, CRM features, and an API for integrations and multi-channel retail. Founded in 2010, it supports over 100,000 stores globally in more than 15 languages.

Companies competing with Standard AI for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 4

launches, deals, and filings
Mar 2024
Angie Westbrock promoted to CEO; David Woollard to CTO; Jordan Fisher becomes board chairman

COO Angie Westbrock was elevated to CEO and SVP of Technology Strategy David Woollard to CTO. Co-founder and outgoing CEO Jordan Fisher remained on the board as chairman. Westbrock previously served as VP of Global Operations at Lyft.

source ↗

Mar 2024
Cloud, compute and sensor partnerships with Google Cloud, Nvidia and Axis Communications

Standard AI stated its Vision platform is reinforced by partnerships with Google Cloud, Nvidia and Axis Communications across cloud, compute and sensors.

source ↗

Mar 2024
Standard AI launches VISION / Vision Analytics product suite

Standard AI announced a new product suite, Vision Analytics, applying AI and computer vision to deliver insights on shopper behavior, product performance and store operations, marking a shift away from its autonomous checkout foundation.

source ↗

May 2020
Standard Cognition acquires Checkout Technologies

Standard Cognition acquired Checkout Technologies, a Milan, Italy-based developer of AI technology for retail checkout, described elsewhere as a competitor.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Standard AI do?
Standard AI runs VISION, a computer-vision analytics platform that turns retailers' existing store cameras into shopper-behavior data.
Who founded Standard AI?
Standard AI was founded by Jordan Fisher, John Novak, Michael Suswal, David Valdman in 2017.
Who are Standard AI's investors?
Standard AI's investors include Bleu Capital, CRV (Charles River Ventures), R136 Ventures, Rackhouse Venture Management Lp, SoftBank Vision Fund, Story Ventures, SV Angel, Transpose Platform Management and 2 more.
Where is Standard AI headquartered?
Standard AI is headquartered in San Francisco, US.