Warehouses are loud even when nobody is talking. Forklifts hum, pallets breathe, inventory lies when you ask it polite questions. For years, software pretended the physical world would eventually behave if spreadsheets stared at it long enough. Gather AI never bought that fantasy. They decided the building should speak for itself, and they taught it how.
That conviction just closed $40M Series B, led by Smith Point Capital Management, with Bain Capital Ventures, Tribeca Venture Partners, Bling Capital, Dundee Venture Capital, XRC Ventures returning, and The Hillman Company stepping in. Total funding now sits at $74M, which is what happens when reality finally gets a seat at the table.
Sankalp Arora did not wake up one morning wanting to count pallets. Daniel Maturana and Geetesh Dubey did not grind through robotics and machine learning to babysit barcodes. These are Carnegie Mellon minds who taught autonomous machines how to see, decide, and move without permission. They met the chaos of the physical world head-on, then asked a better question. What if inventory was observed instead of assumed.
Gather AI’s Physical AI platform lets drones and cameras ride along forklifts and fly aisles, scanning up to 900 pallets an hour, no GPS, no Wi-Fi, no warehouse renovation cosplay. Bayesian brains plus neural networks, built before large language models were cool, quietly deliver 99.9% inventory accuracy while reducing manual counts by as much as 80%. The math works because the physics does.
Andrew Hoffman brings the scar tissue of Kiva Systems and Amazon Robotics, plus more than 20 patents that know exactly where friction hides. Sean Mitchell lives where theory meets operators, turning accuracy into trust on the warehouse floor. This is not software shipped and forgotten. This is technology that shows up, learns the building, and keeps receipts.
Customers see 250% bookings growth year over year because shrinkage below 0.1% is not a feature, it is a relief. 5x productivity gains change conversations between operations and finance. A 6-month ROI changes how fast decisions get approved. When the warehouse finally tells the truth, planning stops being defensive.
Keith Block and Smith Point Capital Management understand scale because they have lived inside it. When investors who grew Salesforce from billions to tens of billions lean into Physical AI, it signals something deeper than capital. It says the next era of enterprise intelligence will not live only in the cloud. It will walk the floor, scan the racks, and gather what matters, again and again, until the story matches the stock.
