Gather AI Raises $10M in Series A Funding

Gather AI, a Pittsburgh-based supply chains robotics company, has raised $10M in Series B funding.

Tribeca Venture Partners led the round, which also included participation from Xplorer Capital and Dundee Venture Capital as well as 99 tartans.

The company plans to use the funds for its go-to market strategy and ongoing development of its real time inventory visibility platform.

Co-founded by three Carnegie Mellon’s Robotics Institute graduate students including CEO Dr. Sankalp Arora, Machine Learning Scientist Dr. Daniel Maturana, and Geetesh Dubey, Robotics Engineer, Gather AI is a supply chain robotics company that delivers a real-time inventory visibility platform using autonomous drones that monitor warehouse inventory activity. Warehouse operators can increase efficiency and reduce labor shortages by using a combination of off-the shelf drones and software. Software allows the drones to fly autonomously in a GPS-denied warehouse environment without any modifications to existing building infrastructure, processes or lighting. The company’s machine learning engine provides rich insights, enabling the drones to detect and aggregate important data like box damage, case counting, volumetric estimation, text reading, and inventory of palletized goods.

FinSMEs

06/10/2022

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