Gather.ai provides an autonomous inventory management platform designed for large-scale warehouses. The platform uses software to automate inventory scanning, significantly reducing the time and cost associated with traditional methods. By utilizing technologies like computer vision and machine learning, Gather.ai allows a single drone to complete tasks in eight minutes that would typically take employees two hours, making the process much faster and cheaper. Unlike competitors, Gather.ai operates on a software-as-a-service (SaaS) model, enabling clients to subscribe and integrate the platform with their existing systems without needing additional hardware. The goal of Gather.ai is to enhance efficiency and accuracy in inventory management, helping businesses in retail, manufacturing, and logistics optimize their warehouse operations.

99 Tartans

Expa

Tribeca Venture Partners

Bling Capital

Bain Capital Ventures

Dundee Venture Capital

XRC Labs

Robotics & Automation

Industrial & Manufacturing

Enterprise Software

Gather AI

WMS and AI-driven drone inventory technology streamline warehouse operations, improve inventory accuracy, and reduce costsTEANECK, N.J., Jan. 15, 2025 /PRNewswire/ -- Made4net, a global provider of cloud-based Warehouse Management Systems ( WMS ) & end-to-end supply chain execution software, and inventory intelligence solution Gather AI , are proud to announce their partnership. Together, the two companies deliver innovative inventory management solutions that empower joint customers like Barrett Distribution Centers and Taylor Logistics with WMS and AI-driven drone inventory technology to streamline operations, improve inventory accuracy, and reduce costs.Joint customer, Barrett Distribution Centers, demonstrates the transformative impact of the Made4net and Gather AI partnership. By utilizing Gather AI's advanced AI-based drone inventory technology with Made4net's 3PL warehouse management system , Synapse 3PLExpert WMS, Barrett ensures unparalleled inventory accuracy for Stadium Goods, a consignment e-tailer specializing in high-value sneakers. The drones, equipped with computer image AI-driven software, autonomously scan and verify the placement of 500,000 pairs of shoes stored across complex warehouse layouts.Similarly, Taylor Logistics has achieved faster and more cost-effective cycle counts for cases and pallets using the Gather AI solution in conjunction with Synapse 3PLExpert WMS. By automating inventory data collection and seamlessly syncing it back into the WMS, Taylor ensures real-time accuracy while optimizing operational efficiency."Partnering with Gather AI reinforces Made4net's commitment to continue introducing innovative technology and delivering state-of-the-art solutions that drive supply chain excellence," said Amit Levy, EVP of Sales and Strategy at Made4net

Made4Net And Gather Ai Partner To Enhance Supply Chain Accuracy And Efficiency

U.S. consumers expect to know, when they go to make a purchase, whether or not the items they want will be in stock, PYMNTS Intelligence reveals, and they are looking for real-time digital inventory updates from retailers to meet this demand. By the NumbersThe PYMNTS Intelligence report “2024 Global Digital Shopping Index: U.S. Edition,” created in collaboration with Visa Acceptance Solutions, drew from a study of more than 2,400 United States consumers to understand, among other matters, the omnichannel features they expect from their retail journeys. The study found that one of the most expected Click-and-Mortar™ capabilities (i.e., ones that integrate digital convenience into real-world spaces) was real-time inventory. The study found that 73% of consumers expect of-the-moment digitally updated inventory when making retail purchases

Nearly Three-Quarters Of U.S. Shoppers Want Real-Time Inventory Updates

Gathering warehouse inventory data — plus an update from ElectroCraft. By The Robot Report Staff | June 7, 2024In Episode 153 of The Robot Report Podcast, editors Steve Crowe and Mike Oitzman discuss the news of the week. Our featured guest on the show this week is Sankalp Arora, co-founder and CEO of Gather.ai. We catch up with Sankalp to learn how his company‘s drone inventory management product is evolving. The second featured interview is with Jake Hall, the “Manufacturing Millennial,” and Scott Sizemore, director of commercial marketing at motor provider ElectroCraft

Gathering Warehouse Inventory Data — Plus An Update From Electrocraft

PITTSBURGH--(BUSINESS WIRE)--Today, Gather AI, the market leader in computer vision-based AI for warehouse inventory monitoring, announces two new capabilities - inferred case counting and location occupancy. The industry-first capabilities enable warehouses to get automated, digitized counts and location utilization reports, unlocking higher on-time shipment rates while reducing dedicated counting labor.Warehouse operators must know the correct inventory levels in each location to ship on time and optimize space utilization. According to the Warehousing Education & Research Council (WERC) 2023 DC Measures Annual Survey & Report, the average warehouse meets shipping deadlines only 96% of the time and has a cube utilization of 81%. Counting cases and monitoring inventory inaccuracies manually is slow and aggravates these challenges.With the Gather AI solution, warehouses can scan up to 900 pallets per hour. Drones take pictures of each location. The AI analyzes the pictures, reading multiple barcodes and text and detecting empty locations

Gather Ai Offers Warehouses The First Drone-Powered Inferred Case Count And Location Occupancy Capabilities

Retail inventories increased to $808.8 billion in February.That figure is 0.5% higher than January and 5.6% higher than it was a year earlier, the Census Bureau said in a Friday (March 29) press release sharing advance economic indicators.The bureau also revised its previously released figure for the percentage change from December 2023 to January, raising it from a 0.4% increase to a 0.5% increase.The retail inventories figure is adjusted for seasonal variations and trading day differences, but not for price changes, according to the release.This report comes at a time when retailers are reportedly embracing “just-in-time” inventory management once more after years of excess stock.Having sold off the goods that collected in stores and warehouses since 2022, merchants have shifted their focus to restocking instead of holding onto product in case of supply chain issues, the so-called “just-in-case” strategy.In addition, brands are gaining real-time insights on inventory in stores to ensure their products are properly stocked and presented in those retail locations.They are doing so with signal-based merchandising solutions that use image recognition and machine learning algorithms to collect and analyze real-time, in-store data points from high-traffic shoppers via mobile app, David Gottlieb, chief revenue officer at Trax, told PYMNTS in an interview posted March 1.“Whether it’s in Walmart or Target, we have more than one shopper in every one of those outlets every single day so we’re essentially [getting] a sense of what products are available for sale to the shopper on a day-by-day basis,” Gottlieb said.In another development around inventory, Gather AI said Wednesday (March 27) that it raised $17 million to scale its computer vision and artificial intelligence (AI)-powered warehouse inventory monitoring offerings. The company aims to solve supply chain issues with richer data and AI.The Census Bureau also released wholesale inventories for February on Friday. This figure rose to $901.1 billion, up 0.5% from January but down 1.6% from February 2023, according to the press release.The monthly increase in wholesale inventories marked a shift from the change seen from December 2023 to January, which saw a 0.2% decrease. That figure remains unrevised

Retail Inventories Increase 5.6% Year Over Year In February

Gather AI, makers of computer vision and AI-powered warehouse inventory monitoring solutions, today announced a $17M Series A-1 led by Bain Capital Ve

Gather AI Raises $17M to Accelerate Growth and Bring Warehouses into the Modern Era with AI-Powered Inventory Monitoring

Gather AI, a Pittsburgh, PA-based provider of computer vision and AI-powered warehouse inventory monitoring solutions, raised $17M in Series A-1 in funding.

Gather AI Raises $17M in Series A-1 Funding

PITTSBURGH--(BUSINESS WIRE)--Gather AI, makers of computer vision and AI-powered warehouse inventory monitoring solutions, today announced a $17M Series A-1 led by Bain Capital Ventures with participation from Tribeca Venture Partners, Dundee Venture Capital, Expa, and Bling Capital. The new funding provides a total of $34M raised to date. It will be invested in scaling operations as Gather AI continues to attract customers by solving supply chain issues with richer data and AI. Today, companies combat low accuracy with cycle counting via barcode scanning. Still, these counts only partially represent inventory, and capacity constraints make it difficult for workers to survey the full warehouse. On average, inaccurate inventory can cost a business hundreds of thousands per year per warehouse and significant revenue loss in missed orders

Gather Ai Raises $17M To Accelerate Growth And Bring Warehouses Into The Modern Era With Ai-Powered Inventory Monitoring

Flying warehouse drone provider Gather AI today said it has raised $17 million from investment firm Bain Capital Ventures for its airborne robots that conduct inventory counts inside the DC.

Gather AI lands $17 million backing for its flying drones

Gerald “Jerry” McGinnis Sr., the Pittsburgh-area startup advisor, investor and founder of medical supply company Respironics, died on Thursday at 89.The entrepreneur is credited with helping to jumpstart the Pittsburgh tech industry in the 21st century.“As a mentor, Jerry was a straight shooter with no BS,” said Dave Mawhinney, executive director of Carnegie Mellon University’s Swartz Center for Entrepreneurship. “He told you the truth with respect and would explain why. I always really appreciated that about him.”A native of Illinois, McGinnis earned his engineering degree from University of Illinois, then his master’s degree from University of Pittsburgh. He started his career at Westinghouse Electric Corporation before founding Respironics in Murrysville in 1976, serving as its president and CEO for 18 years. Early products included anesthesia masks and the first CPAP machine for sleep apnea. The company went public in 1988 and was acquired by electronics giant Philips in 2007 for more than $5 billion.One of the ways he left a mark on the local community was endowing the McGinnis Venture Competition, run annually by the Swartz Center.“The Swartz Center is saddened to hear of the passing of our long time friend, Gerald E

Pittsburgh Entrepreneur Gerald Mcginnis, ‘Revered’ As An Impactful Startup Advisor And Mentor, Has Died

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Autonomous inventory management software platform

Gather AI

Autonomous inventory management software platform

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