Checkout free stores firm Standard AI flagged by Forbes as one of America’s best startup employers

Standard AI has been recognised as one of America's best startup employers for 2023 by Forbes in partnership with Statista.

Jordan Fisher, CEO at Standard AI, says. "This recognition is a testament to the hard work and dedication of our team, and our commitment to creating a positive and supportive workplace culture. As we continue to build out the future of autonomous retail, our employees are our greatest asset.”

Forbes’ fifth annual America’s Best Startup Employers list was identified by evaluating over 2,600 qualified companies across the country.

Each business was considered based on criteria including employer reputation, employee satisfaction, and potential company growth. The final list includes the top 500 companies founded between 2013 and 2020 with US headquarters, a headcount of at least 50, and a startup structure.

Skip

Last month, Standard AI inked a definitive agreement to acquire self-checkout solutions provider, Skip.

Terms of the deal were not disclosed.

Standard AI said that it would become the only company to connect self-checkout with AI powered autonomous checkout into one integrated experience.

It will integrate Skip’s cloud-based point of sale (PoS) with the back office ecosystem to streamline operations and give greater control over price, discounts, promotions, and more.

“Autonomous retail has seen exponential growth, and in the next five years we’ll see thousands of AI powered stores across the world,” said Fisher.

“Through this acquisition, we will create a unique offering that combines the self-checkout experience with autonomous retail for the first time ever to give retailers immediate relief from their labor challenges and a way to accelerate their path to an autonomous future.” 

“Skip has differentiated itself in a crowded field of self-checkout solutions. In addition to being modular and easy to install, it delivers all the functionality required by retailers at a fraction of the cost of its competitors,” commented Chase Thomason, Founder and CEO, Skip.

“By integrating with Standard AI, we are now taking our kiosks to the next level and working on solutions that will go beyond them as we create the future of autonomous checkout.

Standard AI will continue to sell Skip standalone or together with its Vision OS^ offering (upon close of the acquisition).

"Standard AI's addition of Skip’s self-checkout solutions creates a well-rounded suite of capabilities to address varying levels of retailer needs—from traditional SCO to fully-autonomous stores and hybrid stores in-between," said Kevin Struthers, Associate Director of Digital at W. Capra.

"Additionally, Skip’s cloud-based PoS system and back office integrations will help streamline retailer implementations, especially for stores operating hybrid models that include a fixed register with self-checkout or autonomous capabilities."