Gather AI Raises $17 Million in Series A-1

Gather AI Raises $17 Million in Series A-1

Gather AI, a Pittsburgh, PA-based provider of computer vision and AI-powered warehouse inventory monitoring solutions, raised $17 million in Series A-1 funding, bringing its total raised to $34 million.

The round was led by Bain Capital Ventures with participation from Tribeca Venture Partners, Dundee Venture Capital, Expa, and Bling Capital.

The new funding will be invested in scaling operations as Gather AI continues to attract customers by solving supply chain issues with richer data and AI.

Founded in 2017 by Sankalp Arora, Daniel Maturana, and Geetesh Dubey, Gather AI is a warehouse automation company that has created a drone-powered inventory monitoring solution. The company automates inventory visibility challenges through autonomous drones across third-party logistics, manufacturing, and retail facilities. Their solution currently deployed in warehouses across third-party logistics, retail distribution, manufacturing, food & beverage, and air cargo at companies. Its customers include NFI, GEODIS, DSV, Barrett Distribution, Specialty Foods (KeHE), and more.

Funding Details

Company: Gather AI, Inc.

Raised: $17.0M

Round: Series A1

Funding Month: March 2024

Lead Investors: Bain Capital Ventures

Additional Investors: Tribeca Venture Partners, Dundee Venture Capital, Expa, Bling Capital

Company Website: https://www.gather.ai/

Software Category: Warehouse Automation