Fundz

Gather AI raised $17M in a Series A-1 funding led by Bain Capital Ventures to scale operations and continue solving supply chain issues with richer data and AI

PRIVATEMar 27, 2024

Amount Raised

$17 Million

Round Type

Series A

PittsburghSoftwareArtificial IntelligenceMachine LearningSupply Chain ManagementRobotics

Investors

Bling CapitalExpaDundee Venture CapitalTribeca Venture PartnersBain Capital Ventures

Description

Gather AI, makers of computer vision and AI-powered warehouse inventory monitoring solutions, announced a $17M Series A-1 led by Bain Capital Ventures with participation from Tribeca Venture Partners, Dundee Venture Capital, Expa, and Bling Capital. The new funding brings the total raised to $34M and will be invested in scaling operations as Gather AI continues to attract customers by solving supply chain issues with richer data and AI.

Quick answer

Gather AI raised $17 Million in a Series A round, dated March 27, 2024. Investors: Bling Capital, Expa, Dundee Venture Capital, Tribeca Venture Partners and Bain Capital Ventures. Gather AI is based in Pittsburgh, Pennsylvania, United States.

How much did Gather AI raise?
Gather AI raised $17 Million in a Series A round on March 27, 2024.
Who invested in Gather AI?
Bling Capital, Expa, Dundee Venture Capital, Tribeca Venture Partners and Bain Capital Ventures are named as investors in this round.
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.

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Company Information

Company

Gather AI

Location

Pittsburgh, Pennsylvania, United States

About

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. Using AI-powered vision on consumer-grade hardware such as drones and material handling equipment, Gather AI digitizes pallets, tasks, and movements in real time with no infrastructure changes required, delivering 99.9%+ accurate data integrated with WMS and ERP systems. Backed by leadership combining Carnegie Mellon robotics expertise and Amazon Robotics scaling experience, the platform helps organizations across logistics, manufacturing, retail, aerospace, automotive, and food & beverage improve visibility and operational optimization.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Gather 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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