PITTSBURGH, PA, Gather AI, a supply chain robotics company, announced a $10 million Series A financing round led by Tribeca Venture Partners.
Gather AI, a supply chain robotics company, announced a $10 million Series A financing round led by Tribeca Venture Partners, with participation from existing investors Xplorer Capital, Dundee Venture Capital, Expa, Bling Capital, XRC Labs and 99 tartans.
This latest funding accelerates Gather AI's go-to-market strategy and continued development of their leading real-time inventory visibility platform. The platform uses off-the-shelf autonomous drones, paired with sophisticated AI-driven software, to solve the problem of misplaced inventory in warehouses a problem that is the source of an estimated $150B annual loss that heavily impacts manufacturers, warehouse operators, and consumers.
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