Full-Time
Head of Finance
Posted on 5/30/2024
Gather AI
51-200 employees
Autonomous inventory management software platform
Senior, Expert
Pittsburgh, PA, USA
Hybrid role with a physical presence required in Pittsburgh, PA.
- Experience leading the finance and accounting functions at a venture-backed Series A company growing to $25m in ARR
- Proven experience - 10+ years in finance and 3+ years of leadership, preferably within startup environments or high-growth organizations
- Experience in the SaaS industry
- Strong understanding and knowledge of GAAP accounting principles, corporate financial management principles, financial modeling, tax regulation and budgeting processes.
- Proven experience building a finance/accounting department
- Demonstrated ability to develop and execute strategic financial plans that drive business growth and profitability
- Ability to adapt to a fast-paced and evolving startup environment
- Experience managing equity
- CPA or MBA
- Experience working with outsourced accountant
- Define Gather’s strategy through financial analysis and optimal capital allocation of our resources
- Upgrade Gather’s financial framework and infrastructure, including, budgeting, chart of accounts, financial modeling, forecasting, and reporting
- Democratize access to our financial data - build a platform to switch from a report-centric model to a system able to answer real-time questions about our finances and strategic options
- Partner with team leaders on headcount planning, and team expense budgets to support strategic decision making
- Transition the outsourced accounting function to in-house and create processes that will lead to a 3 day close
- Interface with investors and financial partnerships to manage compliance reporting
- Monitor cash flow and manage banking relationships
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 enables 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, allowing 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.
Company Stage
Series A
Total Funding
$32.3M
Headquarters
Pittsburgh, Pennsylvania
Founded
2017
6 month growth
↑ 3%1 year growth
↑ 17%2 year growth
↑ 80%
Simplify's Take
What believers are saying
- Gather AI raised $17M to scale operations and enhance AI-powered solutions in 2024.
- The platform can scan 900 pallets per hour, significantly improving warehouse efficiency.
- Andrew Hoffman, ex-Amazon Robotics engineer, joined as CTO, boosting innovation potential.
What critics are saying
- Reliance on off-the-shelf drones may pose supply chain risks.
- Demand for real-time updates pressures Gather AI to continuously enhance software capabilities.
- Strategic shifts by new CTO Andrew Hoffman could disrupt current operations.
What makes Gather AI unique
- Gather AI offers the first software-only autonomous inventory management platform for warehouses.
- The platform uses off-the-shelf drones, reducing the need for specialized hardware.
- Gather AI's team includes PhDs from Carnegie Mellon, enhancing its technological credibility.
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Benefits
Compensation package will include equity
Comprehensive health insurance
Home office stipend
Very flexible schedule
Customized PTO