Tech Company Financing Transactions
Gather AI Funding Round
Gather AI closed a $10 million Series A financing round on 10/6/2022. Investors included Tribeca Venture Partners, 99 Tartans and Bling Capital.
Transaction Overview
Company Name
Announced On
10/6/2022
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to accelerate its go-to-market strategy and continued development of its real-time inventory visibility platform.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
2621 Murray Ave. 3705
Pittsburgh, PA 15217
USA
Pittsburgh, PA 15217
USA
Phone
Undisclosed
Website
Email Address
Overview
With Gather AI you can drive efficiency with autonomous warehouse drones. What used to take employees 2 hours can now be done in an automated 8 minutes. A common knock on autonomous inventory solutions is that not all warehouses are robot-friendly, and that if barcodes aren't displayed perfectly, then the system suffers. Gather AI can read your existing labels over 95% of the time.
Management Team
Title
Name
Email & Social
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We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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