HomeFinTechGather AI: Raises $10M in Series A Funding

Gather AI: Raises $10M in Series A Funding

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Gather AI Raises $10M in Series A Funding

  • Gather AI, a Pittsburgh, PA-based supply chain robotics company, raised $10M in Series A funding
  • The round was led by Tribeca Venture Partners, with participation from Xplorer Capital, Dundee Venture Capital, Expa, Bling Capital, XRC Labs and 99 tartans
  • The company intends to use the funds to accelerate its go-to-market strategy and continued development of its real-time inventory visibility platform
  • GatherAI is a supply chain robotics company that delivers a real-time inventory visibility platform using autonomous drones that monitor warehouse inventory activity
  • Its combination of off-the-shelf drones and software enables warehouse operators to increase efficiency and minimize challenges related to warehouse operations and labor shortages
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