Gather AI

Gather AI

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Software-only autonomous inventory management platform automating Physical Data Gathering using AI for modern warehouses. Learn more

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Market cap
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Enterprise valuation
$68—102m (Dealroom.co estimates Mar 2024.)
Pittsburgh Pennsylvania (HQ & founding location)
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$17.0m

Series A
Total Funding000k

Recent News about Gather AI

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Gather.ai is a cutting-edge startup revolutionizing inventory management for modern warehouses. The company offers the world's first software-only autonomous inventory management platform, designed to streamline and optimize warehouse operations. By leveraging advanced technologies such as computer vision, machine learning, and robotics, Gather.ai provides a solution that significantly reduces the time and cost associated with traditional inventory management methods.

The primary clients of Gather.ai are businesses operating large-scale warehouses, including those in retail, manufacturing, and logistics sectors. These clients benefit from the platform's ability to automate inventory scanning, which traditionally requires significant manual labor and time. With Gather.ai, what used to take employees two hours can now be accomplished in just eight minutes using a single drone, making the process 15 times faster and 30 times cheaper.

Gather.ai operates in the warehouse automation market, a rapidly growing sector driven by the increasing demand for efficiency and accuracy in inventory management. The company's business model is based on providing its software as a service (SaaS), allowing clients to subscribe to the platform and integrate it with their existing Warehouse Management Systems (WMS). This model ensures a steady stream of recurring revenue while offering clients a scalable and flexible solution.

The company makes money through subscription fees for its software platform, which includes features such as live data availability, 24-hour replacement services, and seamless integration with existing warehouse systems. By eliminating the need for capital expenditure (CapEx) on additional hardware, Gather.ai provides a cost-effective solution that minimizes downtime and maximizes operational efficiency.

In summary, Gather.ai is transforming the way warehouses manage their inventory by offering a fast, cost-effective, and autonomous solution. The company's innovative approach and advanced technology make it a key player in the warehouse automation market.

Keywords: autonomous drones, inventory management, warehouse automation, SaaS, computer vision, machine learning, robotics, efficiency, cost-effective, data analytics.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Gather AI

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ACQUISITION by Gather AI Jun 2023