Simbe Robotics (Series C)

Funding Details
Awarder
Inbox
Date Award
October 24, 2024
Vertical
Robotics
Funding URL
View Funding Page
Funding Amount:
$50,000,000

Company Info
Traction
Simbe Robotics has deployed hundreds of robots across 29 retail brands, with more than half moving beyond pilot programs to real contracts. The company claims to save retailers 4 to 6 times the cost of its service.
Organizations Involved
Goldman Sachs, Schnuck Markets, BJ’s Wholesale Club, Albertsons
Founders
Brad Bogolea
Company Description
Simbe Robotics is a retail-focused robotics company that designs and deploys robots to assist in inventory management and shelf monitoring in retail environments. Their primary product, Tally, uses computer vision to track stock levels and pricing accuracy, helping retailers optimize their operations.
Market
Retail
Location
USA
Coinvestors
Eclipse Ventures, Valo Ventures

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