Gather AI raised $17M in a Series A-1 funding led by Bain Capital Ventures to scale operations and continue solving supply chain issues with richer data and AI
Mar 27, 2024•over 1 year ago
Amount Raised
$17 Million
Round Type
series a
Investors
Bling CapitalExpaDundee Venture CapitalTribeca Venture PartnersBain Capital Ventures
Description
Gather AI, makers of computer vision and AI-powered warehouse inventory monitoring solutions, 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 brings the total raised to $34M and will be invested in scaling operations as Gather AI continues to attract customers by solving supply chain issues with richer data and AI.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech