Fulfillment Is Still Hot, As Greyorange Closes $135M Round
PRIVATEDec 20, 2023
Amount Raised
$135 Million
Round Type
Funding Round
AtlantaInformation TechnologySoftware Development
Description
GreyOrange announced a $140 million Series C in 2018 and today announced that it has raised a $135 million growth financing Series D. Anthelion Capital led the round, which also featured returning investments from Mithril, 3State Ventures and Blume Ventures.
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Company Information
Company
Grey Orange International Inc.
Location
660 HEMBREE PARKWAY, SUITE 120
Atlanta, Georgia, United States
About
GreyOrange provides retailers, warehouse operators and third-party logistics providers (3PLs) around the world with automated robotic fulfillment and inventory optimization solutions. We help our customers increase productivity, mitigate labor challenges and reduce risk – all while enabling better experiences for their customers and employees.
We also created the world’s first vendor-agnostic, multiagent fulfillment orchestration platform. Powered by AI, our GreyMatter platform continuously maximizes warehouse performance in real time by taking the right actions, in the right order, at the right location, with the right bot and picker.
In retail stores, our AI-driven inventory and workforce optimization solutions leverage real-time intelligence and smart store tech to drive shopper engagement and empower store managers, merchandisers and associates to take impactful actions.
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