202427 Mar

Gather AI Raises $17M in Series A-1 Funding

Summary

Gather AI, a Pittsburgh, PA-based provider of computer vision and AI-powered warehouse inventory monitoring solutions, raised $17M in Series A-1 in funding. Founded in 2017 by Carnegie Mellon University alumni Sankalp Arora, Ph.D., Daniel Maturana, Ph.D., and Geetesh Dubey, Gather AI automates inventory visibility challenges through autonomous drones across third-party logistics, manufacturing, and retail facilities. Additional AI infers bar codes, text, empty locations, and other inventory-related information in the images, automatically comparing them with what’s in the warehouse management system (WMS). The warehouse manager can then view inventory data in real time from a web dashboard. The solution is currently deployed in warehouses across third-party logistics, retail distribution, manufacturing, food & beverage, and air cargo at companies including GEODIS, NFI Industries, Barrett Distribution, Army & Air Force Exchange Service (AAFES), DPI Speciality Foods (KeHE), and more.

Source: Finsmes

Funding

$17M
Amount
Mar 27 2024
Date
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Investor
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Company

Classifications

Companies