Gather AI Raises $10 Million in Series A
Gather AI, a robotics company specialising in warehouse automation, has secured $10 million in Series A funding. The investment round was led by Tribeca Venture Partners, with support from existing backers. Since its first warehouse deployment in 2020, the firm has experienced strong demand for its technology.
The company’s platform combines off-the-shelf autonomous drones with AI-powered software. This setup provides real-time visibility of inventory, addressing a major pain point in logistics. Industry estimates suggest misplaced stock costs warehouses around $150 billion annually.
Gather AI’s solution requires no upfront capital expenditure, making it accessible to operators of all sizes. While details about its earliest customers—including a 2020 deployment in a department store—remain undisclosed, the technology has clearly gained traction. The latest funding will help scale operations as demand continues to grow.
The $10 million injection will allow Gather AI to expand its drone-driven inventory system further. Warehouses adopting the platform aim to cut losses linked to stock inaccuracies. With no need for heavy investment in infrastructure, the solution offers a practical route to automation.
