Simbe Raises $28M in Series B Funding
Have you ever worked retail and had to spend a late night closing shift counting inventory for a quarterly or yearly inventory take? We'll after working years as a retail manager I can tell you it is not fun for anyone. Enter Simbe.
Have you ever worked retail and had to spend a late night closing shift counting inventory for a quarterly or yearly inventory take? We'll after working years as a retail manager I can tell you it is not fun for anyone involved. I have also definitely thought "can't a robot do this?". Enter Simbe.
Simbe, the company behind the world’s first autonomous shelf-scanning retail robot and the industry’s most comprehensive business intelligence solution,raised $28M in a series B funding.
Elevating the retail experience for everyone — retailers, their associates, and customers — through AI and robotics is the foundation of Simbe’s mission, and this funding will enable us to share this vision and reimagined experience with more retail partners around the world. - Brad Bogolea, CEO and co-founder of Simbe.
Funding led by: Eclipse
Total Funding Amount: $54M
Customers include: BJ’s Wholesale, Schnuck Markets, SpartanNash, Wakefern, Carrefour, and more
Funds Use: to accelerate global expansion and product innovation
About: Simbe Robotics is leveraging AI and robotics to elevate the performance of retailers with real-time insights into inventory and operations