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About Simbe Robotics
Industries
Data & Analytics
Robotics & Automation
Consumer Goods
Company Size
51-200
Company Stage
Series C
Total Funding
$101.2M
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 efficiency. The company's goal is to help retail stores streamline their operations and reduce reliance on manual labor.
Simplify's Take
What believers are saying
- Simbe raised $50M in Series C funding, boosting its retail robot business.
- Expansion into farm supply stores opens new market opportunities for Simbe.
- AI-driven predictive analytics enhance inventory forecasting, reducing stockouts.
What critics are saying
- Increased competition from companies like Ricoh may challenge Simbe's market share.
- Expansion into farm supply stores risks overextension and dilution of focus.
- Integration challenges with Tally Spot may lead to customer dissatisfaction.
What makes Simbe Robotics unique
- Simbe Robotics offers Tally, a robot for real-time inventory management in retail.
- Tally Spot combines mobile and fixed sensors, enhancing store intelligence capabilities.
- Simbe's robots integrate with existing retail software, streamlining operations and reducing manual labor.
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Funding
Total Funding
$101.2M
Meets
Industry Average
Funded Over
3 Rounds
Industry standards
Growth & Insights and Company News
6 month growth
↓ -8%1 year growth
↓ -10%2 year growth
↓ -10%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
Known for its Tally mobile robot for retail inventory, Simbe Robotics Inc. has released their newest product, the Tally Spot camera.
Simbe launches new store robot that combines mobile and fixed sensors.
Simbe launches Tally Spot, becoming the only Multimodal Store Intelligence provider combining mobile and fixed sensors.
The Simbe Spot camera is designed to be located in a fixed location over a section of the store. | Credit: Simbe Robotics. Simbe Robotics Inc., maker of the Tally mobile robot for retail inventory, has launched the Tally Spot camera to expand the visibility of real-time inventory management. According to Simbe co-founder and CEO Brad Bogolea, the camera is a response of customer feedback. The Tally Spot system integrates with existing retail software and workflows, said the South San Francisco-based company
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About Simbe Robotics
Industries
Data & Analytics
Robotics & Automation
Consumer Goods
Company Size
51-200
Company Stage
Series C
Total Funding
$101.2M
Headquarters
San Francisco, California
Founded
2014
Simbe Robotics is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today