Gather AI Lands $17M Series A-1 Funding to Enhance Warehouse Inventory Monitoring with Autonomous Drones
Gather AI addresses inventory visibility challenges in warehouses with its innovative solution, enabling significant operational efficiency improvements.
Company Name: Gather AI
Location: Pittsburgh, PA
Sector: Warehouse Inventory Monitoring Solutions
Funding Details: Raised $17M in Series A-1 funding, led by Bain Capital Ventures, with participation from Tribeca Venture Partners, Dundee Venture Capital, Expa, and Bling Capital.
Purpose of Investment: To scale operations and expand its business reach.
Leadership: Founded by Carnegie Mellon University alumni Sankalp Arora, Ph.D., Daniel Maturana, Ph.D., and Geetesh Dubey.
Product: Gather AI offers an AI-powered warehouse inventory monitoring solution employing autonomous drones for inventory visibility in third-party logistics, manufacturing, and retail facilities. Its AI software facilitates autonomous drone flights within warehouses, analyzing and inferring inventory-related data from images, including barcodes, text, and empty locations, and integrating this data with warehouse management systems for real-time access by managers.
About Company: Gather AI addresses inventory visibility challenges in warehouses with its innovative solution, enabling significant operational efficiency improvements. Its technology is deployed across various sectors, including logistics, retail distribution, and manufacturing, with notable clients like GEODIS, NFI Industries, and DPI Specialty Foods.
