• Gather AI this week raised $40 million in Series B funding. • This latest round brings the company’s total funding to date to $74 million. • “For too long, supply chains have operated with a fundamental blind spot: They couldn’t see what was actually happening on the floor,” stated Sankalp Arora, co-founder and CEO of Gather AI. • “This funding allows us to expand from real-time visibility to full autonomous orchestration.” Gather AI said it will use the funding to accelerate its expansion into hundreds of additional facilities globally and to further develop predictive capabilities for inventory management. • The Pittsburgh-based company is also scaling its engineering and customer success teams to support enterprise-wide deployments. • Founded in 2017, Gather AI built its AI-enabled machine vision on research at Carnegie Mellon University.
Article Summaries:
- Gather AI this week raised $40 million in Series B funding. This latest round brings the company’s total funding to date to $74 million. “For too long, supply chains have operated with a fundamental blind spot: They couldn’t see what was actually happening on the floor,” stated Sankalp Arora, co-founder and CEO of Gather AI. “This funding allows us to expand from real-time visibility to full autonomous orchestration.” Gather AI said it will use the funding to accelerate its expansion into hundreds of additional facilities globally and to further develop predictive capabilities for inventory ma
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