Tote.ai

Tote.ai is the first AI-native point-of-sale system built specifically for fuel and convenience retail. Founded in 2022 by Shyam Rao — former co-founder and CEO of Punchh, which was acquired for over $500M — Tote.ai is headquartered in Redwood City, California. The platform unifies forecourt and in-store operations through an event-based 'one customer, one cart' architecture, enabling fuel and convenience operators to engage consumers from pump to checkout. Its AI-native design modernizes legacy POS infrastructure by integrating loyalty, marketing, operations, and associate support into a single platform. Tote.ai serves major retail operators including Casey's and RaceTrac, and has raised $22.6 million in funding from leading Silicon Valley venture capital firms to accelerate expansion across the fuel and convenience retail sector.