What's Happening?
Gather AI, a company specializing in physical AI for logistics, has successfully raised $40 million in Series B funding. The investment round was led by Smith Point Capital Management, with participation from Bain Capital Ventures, Tribeca Venture Partners, Bling Capital, Dundee Venture Capital, XRC Ventures, and The Hillman Company. This funding brings the total raised by Gather AI to $74 million. The company has experienced significant growth, doubling its operational footprint and increasing bookings by 250%. Gather AI's platform is now a standard for major logistics and manufacturing enterprises, including Geodis and NFI Industries. The platform addresses the 'physical-digital divide' in logistics, providing continuous physical intelligence
to eliminate operational blind spots and optimize workflows.
Why It's Important?
The investment in Gather AI highlights the growing importance of physical AI in the logistics sector. By addressing the 'physical-digital divide,' Gather AI's platform helps logistics companies improve efficiency and reduce costs associated with inventory inaccuracies and labor inefficiencies. This development is crucial for the logistics industry, which faces challenges in aligning physical operations with digital records. The platform's ability to provide real-time visibility and proactive management of inventory can lead to significant cost savings and improved supply chain reliability. As logistics companies strive to enhance operational efficiency, Gather AI's technology offers a competitive advantage by transforming warehouses into intelligent nodes.
What's Next?
With the new funding, Gather AI plans to expand its operations to hundreds of additional facilities globally. The company aims to develop predictive capabilities for proactive inventory management, further enhancing its platform's value. Gather AI is also scaling its engineering and customer success teams to support enterprise-wide deployments. As the company continues to grow, it will showcase its platform at industry events such as Manifest and MODEX throughout 2026. The expansion and development efforts are expected to solidify Gather AI's position as a leader in physical AI for logistics, potentially setting new standards for the industry.
