Gather AI

Autonomous inventory management software platform

Pittsburgh, Pennsylvania, United States

About Gather AI

Gather.ai provides an autonomous inventory management platform designed for large-scale warehouses. The platform uses software to automate inventory scanning, significantly reducing the time and cost associated with traditional methods. By employing technologies like computer vision and machine learning, Gather.ai enables a single drone to complete tasks in eight minutes that would typically take employees two hours, making the process much faster and cheaper. Unlike competitors, Gather.ai operates on a software-as-a-service (SaaS) model, allowing clients to subscribe and integrate the platform with their existing systems without needing additional hardware. The goal of Gather.ai is to enhance operational efficiency in warehouses, making inventory management more streamlined and cost-effective.

Pittsburgh, PennsylvaniaHeadquarters
2017Year Founded
$32.3MTotal Funding
SERIES_ACompany Stage
Robotics & Automation, Industrial & Manufacturing, Enterprise SoftwareIndustries
51-200Employees

Benefits

Compensation package will include equity
Comprehensive health insurance
Home office stipend
Very flexible schedule
Customized PTO

Risks

Reliance on off-the-shelf drones may pose supply chain risks.
Demand for real-time updates pressures Gather AI to continuously enhance software capabilities.
Strategic shifts by new CTO Andrew Hoffman could disrupt current operations.

Differentiation

Gather AI offers the first software-only autonomous inventory management platform for warehouses.
The platform uses off-the-shelf drones, reducing the need for specialized hardware.
Gather AI's team includes PhDs from Carnegie Mellon, enhancing its technological credibility.

Upsides

Gather AI raised $17M to scale operations and enhance AI-powered solutions in 2024.
The platform can scan 900 pallets per hour, significantly improving warehouse efficiency.
Andrew Hoffman, ex-Amazon Robotics engineer, joined as CTO, boosting innovation potential.

Funding

Total raised$32.26 M
Latest valuation$85.00 M
StageSERIES_A
SEED
7/31/2021
$4
$17.50 M
GRANT
12/31/2016
N/A