Simbe Robotics

Simbe Robotics

Autonomous robots for retail inventory management

About Simbe Robotics

Simplify's Rating
Why Simbe Robotics is rated
B
Rated C on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Data & Analytics

Robotics & Automation

Consumer Goods

Company Size

51-200

Company Stage

Series C

Total Funding

$104M

Headquarters

San Francisco, California

Founded

2014

Overview

Simbe Robotics provides autonomous robots that improve inventory management and store operations in the retail sector. Their main product, Tally, is equipped with advanced sensors that allow it to navigate store aisles, identify out-of-stock items, and verify that products are correctly placed and priced. Tally gathers extensive data, which is analyzed by Simbe's backend system to offer valuable insights to retailers. This helps stores minimize losses, optimize shelf space, and enhance customer satisfaction. Unlike many competitors, Simbe focuses on both the sale and leasing of its robots, as well as offering data analytics services, making it a comprehensive solution for retail clients aiming to streamline operations and cut down on manual labor.

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Simplify's Take

What believers are saying

  • Simbe's expansion into farm supply stores opens new market opportunities.
  • Recent $50M funding round supports further innovation and market expansion.
  • Named one of the World's Most Innovative Companies of 2025, boosting brand recognition.

What critics are saying

  • Increased competition from companies like Ricoh may impact Simbe's market share.
  • Expansion into farm supply stores may pose operational challenges.
  • Rapid advancements in autonomous driving technologies could overshadow Simbe's retail innovations.

What makes Simbe Robotics unique

  • Simbe Robotics' Tally combines mobile and fixed sensors for comprehensive store intelligence.
  • Tally operates safely during store hours, integrating seamlessly with retail environments.
  • Simbe's Tally Spot camera expands real-time inventory management capabilities.

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Funding

Total Funding

$104M

Meets

Industry Average

Funded Over

3 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Meet Average

Industry standards

$50M
$50M
Medium
$50M
Simbe Robotics
$62M
SeatGeek
$100M
Oura

Benefits

Professional Development Budget

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

-10%

1 year growth

-7%

2 year growth

-11%
The Manila Times
Mar 18th, 2025
Simbe Named to Fast Company's Annual List of the World's Most Innovative Companies of 2025

SAN FRANCISCO, March 18, 2025 (GLOBE NEWSWIRE) - Simbe is proud to have been named to Fast Company's prestigious list of the World's Most Innovative Companies of 2025.

The Robot Report
Jan 23rd, 2025
Robots Show Tenacity In Retail

Ricoh showed its comprehensive service systems for retail at NRF. Credit: Georges Mirza. Like every NRF in the recent past, on-shelf availability systems were exhibited throughout the retail event’s show floor. Solutions ranged from robots to fixed cameras and handheld devices. Most of these products are now over a decade in the making. Although significant progress has been slow, vendors have demonstrated persistence and determination in developing their capabilities to deliver inventory data accurately and repeatedly at scale, while striving to improve speed

RoboNews
Jan 8th, 2025
Simbe Tally Spot: Revolutionizing Fixed Area Camera Monitoring

Known for its Tally mobile robot for retail inventory, Simbe Robotics Inc. has released their newest product, the Tally Spot camera.

Robotics and Automation News
Jan 8th, 2025
Simbe launches new store robot that combines mobile and fixed sensors

Simbe launches new store robot that combines mobile and fixed sensors.

The Manila Times
Jan 7th, 2025
Simbe Launches Tally Spot, Becoming the Only Multimodal Store Intelligence Provider Combining Mobile and Fixed Sensors

Simbe launches Tally Spot, becoming the only Multimodal Store Intelligence provider combining mobile and fixed sensors.

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