Gather AI Funding Round

Gather AI Funding Round

Source: The Information

Summary

Gather AI, a company that specializes in warehouse AI systems, has closed a $12 million funding round led by Smith Point Capital, a firm founded by former Salesforce CEO Marc Benioff. The company’s system is designed to seek out specific data in warehouses, rather than just scanning. According to the company, this allows for more accurate inventory management and reduced labor costs.