Key Takeaways
- • Gather AI raised $40 million in Series B funding led by Smith Point Capital Management, bringing its total funding to $74 million, according to a Business Wire release dated February 9, 2026.
- • The round also included Bain Capital Ventures, Tribeca Venture Partners, Bling Capital, Dundee Venture Capital, XRC Ventures, and new investor The Hillman Company.
- • Gather AI reported that it doubled its operational footprint and grew bookings 250% over the past year, with customers including GEODIS, NFI Industries, Kwik Trip, Axon, dnata, Barrett Distribution, and Langham Logistics.
- • Customers reportedly achieve 99.9% inventory accuracy, cut manual counting effort by up to 80%, and realize ROI in under six months, figures the company presents without independent verification in the release.
- • Proceeds will fund expansion to hundreds of additional facilities globally, predictive inventory capabilities, and growth of engineering and customer success teams.
Summary
Pittsburgh-based Gather AI has raised $40 million in Series B funding led by Smith Point Capital Management, the firm founded by Keith Block, former Salesforce co-CEO, according to a company announcement distributed by Business Wire. The round brings the company's total capital raised to $74 million. Participating investors include Bain Capital Ventures, Tribeca Venture Partners, Bling Capital, Dundee Venture Capital, XRC Ventures, and The Hillman Company, which is new to the company's investor base.
The company describes the financing as following a year of significant growth. Gather AI states that it doubled its operational footprint and grew bookings 250%. It says its platform is now used by major logistics and manufacturing enterprises, including GEODIS, NFI Industries, Kwik Trip, Axon, dnata, Barrett Distribution, and Langham Logistics. The company also notes recognition from CB Insights as a leading AI startup and receipt of the Inc. Power Partner Award.
Gather AI positions its product as a "Physical AI" platform that addresses what it calls the "physical-digital divide," where warehouse activity often differs from digital system records. The company says this gap leads to missed shipments, excess inventory, labor inefficiencies, and margin erosion, and that global logistics companies lose billions annually as a result. Its models, trained on millions of proprietary warehouse images, use AI-powered vision on consumer-grade hardware such as drones and material handling equipment to count and verify inventory, syncing data to warehouse management and ERP systems. The company says customers achieve 99.9% inventory accuracy, reduce manual counting effort by up to 80%, and improve productivity fivefold.
Keith Block said Gather AI "will become the system of record for every warehouse, factory, and yard." CEO and co-founder Sankalp Arora said the funding will move the company "from real-time visibility to full autonomous orchestration." The company plans to expand to hundreds of additional facilities globally, develop predictive inventory management capabilities, and scale its engineering and customer success teams. It will showcase its platform at Manifest and MODEX throughout 2026. Founded in 2017, Gather AI says its leadership combines Carnegie Mellon University robotics research with scaling experience from Amazon Robotics.
The company describes the financing as following a year of significant growth. Gather AI states that it doubled its operational footprint and grew bookings 250%. It says its platform is now used by major logistics and manufacturing enterprises, including GEODIS, NFI Industries, Kwik Trip, Axon, dnata, Barrett Distribution, and Langham Logistics. The company also notes recognition from CB Insights as a leading AI startup and receipt of the Inc. Power Partner Award.
Gather AI positions its product as a "Physical AI" platform that addresses what it calls the "physical-digital divide," where warehouse activity often differs from digital system records. The company says this gap leads to missed shipments, excess inventory, labor inefficiencies, and margin erosion, and that global logistics companies lose billions annually as a result. Its models, trained on millions of proprietary warehouse images, use AI-powered vision on consumer-grade hardware such as drones and material handling equipment to count and verify inventory, syncing data to warehouse management and ERP systems. The company says customers achieve 99.9% inventory accuracy, reduce manual counting effort by up to 80%, and improve productivity fivefold.
Keith Block said Gather AI "will become the system of record for every warehouse, factory, and yard." CEO and co-founder Sankalp Arora said the funding will move the company "from real-time visibility to full autonomous orchestration." The company plans to expand to hundreds of additional facilities globally, develop predictive inventory management capabilities, and scale its engineering and customer success teams. It will showcase its platform at Manifest and MODEX throughout 2026. Founded in 2017, Gather AI says its leadership combines Carnegie Mellon University robotics research with scaling experience from Amazon Robotics.
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