About Simbe Robotics
Simbe Robotics provides autonomous robots that improve inventory management and store operations in the retail sector. Their main product, Tally, is equipped with advanced sensors that allow it to navigate store aisles, identify out-of-stock items, and verify that products are correctly placed and priced. Tally gathers extensive data, which is analyzed by Simbe's backend system to offer valuable insights to retailers. This helps stores minimize losses, optimize shelf space, and enhance customer satisfaction. Unlike many competitors, Simbe focuses on both the sale and leasing of its robots, as well as offering data analytics services, making it a comprehensive solution for retail clients aiming to improve operational efficiency.
San Francisco, CaliforniaHeadquarters
2014Year Founded
$101.2MTotal Funding
SERIES_CCompany Stage
Data & Analytics, Robotics & Automation, Consumer GoodsIndustries
51-200Employees
Risks
Increased competition in the retail robotics sector threatens Simbe's market share.
Economic downturns could reduce demand for Simbe's products and services.
Data privacy concerns may impact Simbe's data analytics services, requiring compliance measures.
Differentiation
Simbe Robotics offers Tally, a robot for real-time inventory management in retail.
Tally Spot combines mobile and fixed sensors, enhancing store intelligence capabilities.
Simbe's robots integrate with existing retail software, streamlining operations and reducing labor costs.
Upsides
Simbe raised $50M in Series C funding, boosting its retail robot business.
Expansion into farm supply stores diversifies Simbe's market reach and customer base.
AI-driven predictive analytics enhance inventory forecasting, reducing stockouts and improving efficiency.
Funding
Total raised$101.16 M
Latest valuation$250.00 M
StageSERIES_C
SERIES C
9/30/2024$50
$250.00 MSERIES B
6/30/2023$28
$140.00 MSERIES A
8/31/2019$26
$130.00 M