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