Company News

Gather AI announced $40M in Series B funding led by Smith Point Capital Management (Keith Block, former Salesforce co-CEO) to expand its Physical AI platform from inventory intelligence to complete dock-to-dock operational intelligence for warehouses. The Pittsburgh-based company, founded in 2017, has proven its AI-powered computer vision approach delivers 99.9% inventory accuracy, 80% reduction in manual counting, and ROI in under six months for customers including GEODIS, NFI Industries, Kwik Trip, and Axon. The Series B funding expands this proven approach beyond inventory to digitize complete warehouse operations from receiving to shipping—tracking every product, every movement, across every warehouse. The platform combines three intelligence layers: Inventory Intelligence (proven foundation), Workflow Intelligence (expanding now to capture material flow that traditional WMS systems miss), and Predictive Intelligence (building next to prevent problems before they cascade). As Keith Block stated, Gather AI has built "a foundational intelligence layer for the modern supply chain" that addresses the billions in annual losses caused by the gap between digital system records and physical warehouse reality. The $40M will support global expansion to hundreds of additional facilities, platform development for workflow and predictive capabilities, and enterprise scaling to support company-wide deployments.

Gather AI was recently featured on The Logistics of Logistics podcast in an episode titled “AI Literacy in Logistics with Gather AI’s Andrew Hoffman.”

Gather AI recognized for achievements in Supply Chain

Gather AI announces a $17M Series A-1 led by Bain Capital Ventures with participation from Tribeca Venture Partners, Dundee Venture Capital, Expa and Bling Capital.

We are thrilled to announce our $10M Series A financing, led by Tribeca Venture Partners. This new funding will help us scale our drone-powered real-time inventory monitoring platform and meet the overwhelming demand we see in the market.

Today, we announced our $17M capital raise led by Bain Capital Ventures. Since our last raise, we more than tripled the number of facilities we support and, on average, reduced misplaced inventory errors by 66% in the facilities we are deployed in, resulting in an average payback period of less than six months for our customers.

Announcing Gather AI’s acquisition of Ware.