Gather Ai Raises $10M Series A To Deliver Real-Time Inventory Visibility To The Supply Chain, Minimizing Challenges With Warehouse Operations And Labor Shortages
Amount Raised
$10 Million
Round Type
Series A
PittsburghSoftwareArtificial IntelligenceMachine LearningSupply Chain ManagementRoboticsDescription
Gather AI, a supply chain robotics company, today announced a $10 million Series A financing round led by Tribeca Venture Partners, with participation from existing investors Xplorer Capital, Dundee Venture Capital, Expa, Bling Capital, XRC Labs and 99 tartans. This latest funding accelerates Gather AI's go-to-market strategy and continued development of their leading real-time inventory visibility platform. The platform uses off-the-shelf autonomous drones, paired with sophisticated AI-driven software, to solve the problem of misplaced inventory in warehouses – a problem that is the source of an estimated $150B annual loss that heavily impacts manufacturers, warehouse operators, and consumers.
Quick answer
Gather AI raised $10 Million in a Series A round, dated October 6, 2022. Gather AI is based in Pittsburgh, Pennsylvania, United States.
- How much did Gather AI raise?
- Gather AI raised $10 Million in a Series A round on October 6, 2022.
- What does Gather AI do?
- Gather AI is a Pittsburgh-based company founded in 2017 that provides the world’s first Physical Intelligence Platform, serving as a system of record for intralogistics operations across warehouses, plants, and yards.
- Where is Gather AI based and how big is it?
- Gather AI is based in Pittsburgh, Pennsylvania, United States. Fundz records about 76 employees.
- Who are the decision-makers at Gather AI?
- Fundz holds 2 contacts at Gather AI. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Supply Chain Management and Robotics around the same time
Companies in the same sectors as Gather AI that raised within 45 days of this round, from Fundz verified event records.
- Private AI raised $8M (Funding Round) on November 17, 2022.
- Sematic raised $3M (Seed) on November 17, 2022.
- Spot AI raised $40M (Funding Round) on November 17, 2022.
- Namecoach raised $8M (Series A) on November 17, 2022.
- Omneky raised $10M (Seed) on November 15, 2022.
- Quix raised $13M (Series A) on November 14, 2022.
Who to call at Gather AI, and when
A new round usually means Gather AI is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Gather AI raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Gather AI, from your own LinkedIn network
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Funding Insights
What this usually meansGather AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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