Simbe Raises $28M Series B, Led By Eclipse, To Continue Transforming Retail Operations Through Ai And Automation

Jul 13, 2023•about 2 years ago

Amount Raised

$28 Million

Round Type

series b

San FranciscoInformation TechnologyArtificial IntelligenceRetailE CommerceSoftwareAnalytics

Description

Simbe Robotics, Inc., the company leveraging AI and robotics to elevate the performance of retailers with real-time insights into inventory and operations, today announced a Series B equity financing round of $28 million, led by Eclipse.

Company Information

Company

Simbe Robotics

Location

439 Littlefield Ave

San Francisco, California, United States

About

Simbe is the global leader in Store Intelligence™ solutions that provide unprecedented visibility and real-time insights to increase retailer performance. Simbe combines cutting-edge AI and robotics to power business-critical intelligence that improves inventory management and streamlines operations, while empowering retailers to better support store associates and elevate shoppers’ experience. Simbe’s comprehensive platform includes the world’s first autonomous, item-scanning robot, Tally, which leverages best-in-class computer vision to identify exact product location, out-of-stocks, and pricing & promotion information with 99% accuracy. Simbe works with major worldwide brands across the US, Europe and Asia.

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