Gather AI has closed a $17 million Series A-1 fundraising round led by Bain Capital Ventures with participation from Tribeca Venture Partners, Dundee Venture Capital, Expa and Bling Capital.
With the latest round, the maker of computer vision and AI-powered warehouse inventory monitoring solutions has raised a total of $34 million. The new funds will be invested in scaling operations.
“Gather AI’s cutting-edge computer vision and workflow software, purpose-built for inventory monitoring, has seen significant commercial adoption and rapid growth separating them from the field of other venture-backed startups,” Bain Capital Ventures partner Ajay Agarwal saids in a statement. “We are excited to welcome Gather AI to our portfolio of companies such as Kiva, ShipBob, FourKites, and Vention leveraging AI and software in the physical world.”
