Tote.ai raises $22.6M in funding led by Cota Capital to accelerate hiring and market expansion.

Aug 18, 2025•4 months ago

Amount Raised

$22.6 Million

Redwood CityArtificial IntelligenceRetailE Commerce

Investors

Cervin VenturesStorm VenturesCota Capital

Description

Tote.ai, a Redwood City, CA-based AI-native point-of-sale system for fuel and convenience stores, raised $22.6M in funding. The round was led by Cota Capital, with participation from Storm Ventures and Cervin Ventures. The company plans to use the funds for hiring, market expansion, and product features. Founded in 2020, Tote.ai aims to improve flexibility and revenue capture for stores.

Company Information

Company

Tote.ai

Location

Redwood City, California, United States

About

Tote.ai is a provider of an AI-native POS system for fuel and convenience stores. Its 'one customer, one cart' architecture creates a shopping experience from forecourt to store. The platform allows managers to make changes to various elements of their store with ease, enhancing flexibility and responsiveness to revenue opportunities.

Related People

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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