GA

Gather Ai

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Gather AI Company Research Report



Company Overview



Name: Gather AI

Mission: Gather AI is dedicated to bringing the power of data analytics to the physical world.

Founders:
  • Sankalp Arora

  • Daniel Maturana

  • Geetesh Dubey


Key People:
  • Sankalp Arora (Co-founder): With 14 years of experience in robotics, Sankalp developed safety and sensor planning for the world's first safe autonomous helicopter, winning awards such as the Howard Hughes award and AUVSI Xcellence award. He holds a PhD in Robotics from Carnegie Mellon.

  • Daniel Maturana (Co-founder): Daniel has worked at the intersection of computer vision, machine learning, and robotics for the last 12 years, and has contributed to significant advances in these fields. He holds a PhD in Robotics from Carnegie Mellon.

  • Geetesh Dubey (Co-founder): Geetesh has 12 years of experience in developing autonomous robotics, including leading the development of India’s first autonomous tank. He holds an MS in Robotics from Carnegie Mellon.

  • Charlie Reverte (Chief Operating Officer): An experienced executive with a background in robotics and business strategy, he has led multiple technology companies to successful exits. He holds a Masters in Electrical and Computer Engineering from Carnegie Mellon.

  • Andrew Hoffman (Chief Technology Officer): With over 20 patents in logistics and robotics, Andrew was a founding engineer at two supply chain robotics companies acquired by Amazon.


Headquarters: Pittsburgh, Pennsylvania

Number of Employees: 11-50

Revenue: No information is available

Known For: Gather AI is a leader in deep learning, autonomy, and computer vision, providing drone-powered inventory monitoring solutions that decrease the cost of inventory accuracy, improve productivity, and boost revenue for warehouses.

Products



Drone-Powered Inventory Monitoring Solution



High-Level Description:
Gather AI offers an autonomous warehouse technology that improves inventory accuracy and operational efficiency via real-time data visibility using drones and advanced computer vision technology. The solution is designed to automate manual processes and provide critical insights for supply chain optimization.

Key Features:
  • Autonomous Flying: Warehouse drones fly autonomously without human intervention.

  • Scanning Efficiency: Scan up to 900 locations per hour with scalability by adding more drones.

  • Real-Time Monitoring: View inventory data on a computer in real time.

  • Inventory Accuracy: Improve inventory accuracy by up to 70% and reduce errors by 66%.

  • Increased Productivity: Customers can achieve up to 5x productivity with drone utilization.

  • Reduction in Pallet Emergencies: Decrease in pallet emergencies from 20-30 per day to 1-2 as reported by users.

  • Improved Customer Experience: Enhance on-time fulfillment, decrease shrinkage, and improve warehouse utilization.

  • Spoilage Reduction: Identify and manage spoilage quickly with visual data from drones.


Recent Developments



New Products and Features


  • Inferred Case Count and Location Occupancy Capabilities: New groundbreaking capabilities to reduce manual case counts and improve facility utilization.

  • Dashboard Inventory Actions: A new dashboard helps warehouse teams find and address inventory exceptions swiftly.


Fundraising


  • $17M Series A-1 Fundraise: Announced in April 2024, this funding round was led by Bain Capital Ventures with participation from Tribeca Venture Partners, Dundee Venture Capital, Expa, and Bling Capital. The funds will help accelerate the company’s growth and expand its reach to more facilities.


Key Personnel


  • Andrew Hoffman Appointed as CTO: Andrew Hoffman, previously involved in Amazon's supply chain robotics, joined Gather AI as Chief Technology Officer to drive technological growth and innovation.


Partnerships


  • With Bain Capital Ventures: The recent investment underscores a strong strategic partnership aimed at bolstering Gather AI's market position and growth trajectory.


Conclusion



Gather AI is positioned as a transformative player in the warehouse automation space, leveraging AI and robotics to provide innovative solutions that significantly enhance inventory accuracy and operational efficiency. With a strong leadership team, cutting-edge technology, and recent substantial investments, Gather AI continues to lead advancements in autonomous inventory monitoring.