Gather AI (GTHR) Secures $40M Series B Led by Smith Point Capital

Gather AI (GTHR), developer of AI platforms for warehouse cameras and drones, announced a $40 million Series B round led by Smith Point Capital, the venture firm founded by former Salesforce co-CEO Keith Block. The funding brings the startup’s total raised to $74 million. The company uses off-the-shelf cameras on forklifts and drones to autonomously monitor warehouses in freezers and cold storage, discovering items like barcodes, lot codes, expiration dates, damages, and inventory issues. Powered by classical Bayesian techniques rather than large language models, its “curious” AI avoids hallucinations and focuses on embodied, real-world interaction. With about 60 employees and clients including Kwik Trip, Axon, GEODIS, and NFI Industries, the funding supports expansion and continued development of its warehouse AI solution.