# Simbe Robotics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/simbe-robotics

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.simberobotics.com
- Total disclosed funding: $103M
- Latest round: Series C (Oct 15, 2024)
- Investors on record: 11

## About

Founded in 2014 and based in California, US, Simbe Robotics, Inc. operates as a developer of Tally 3.0, a robot that helps retailers in auditing inventory and operations. The company was co-founded by CEO Bradley Bogolea, CDO Jeff Gee, CTO Mirza Shah. In October 2024, Simbe Robotics, Inc. raised USD 50 million in series C funding led by Goldman Sachs Asset Management, with participation from Eclipse Ventures, Valo Ventures, and other unspecified investors.

Simbe Robotics operates as a developer of AI-Robotic that provides retailers with real-time insights and data analytics into inventory and operations for the entire supply chain of the store. The company also provides the Simbe Platform, a cloud-powered software platform, powered by computer vision and machine learning, retailers have unprecedented information and insight into the state of their stores. The information can be used to streamline store performance, customer satisfaction, monitoring sales, and optimize operational expenditures.

The company plans the October 2024 funding to expand its retail products and speed up worldwide deployments.

## Funding rounds

- Series C, Oct 15, 2024, $48M — Goldman Sachs Asset Management, Eclipse Ventures, Valo Ventures
- Series B, Jun 30, 2023, $29M — Venrock, Pathbreaker Ventures, Eclipse Ventures, Valo Ventures
- Series A, Aug 23, 2019, $26M — Venrock, Activant Capital, Build Collective, Valo Ventures
- Seed, May 1, 2016 — Presence Capital, Anorak Ventures, Comet Labs
- Angel, Jan 1, 2016 — Cherubic Ventures

## Investors

- Cherubic Ventures (https://capitalatlas.ai/funds/cherubic-ventures) — Angel
- Presence Capital (https://capitalatlas.ai/funds/presence-capital) — Seed
- Anorak Ventures (https://capitalatlas.ai/funds/anorak-ventures) — Seed
- Comet Labs (https://capitalatlas.ai/funds/comet-labs) — Seed
- Venrock (https://capitalatlas.ai/funds/venrock) — Series A, Series B
- Activant Capital (https://capitalatlas.ai/funds/activant-capital) — Series A
- Build Collective (https://capitalatlas.ai/funds/build-collective) — Series A
- Valo Ventures (https://capitalatlas.ai/funds/valo-ventures) — Series A, Series B, Series C
- Pathbreaker Ventures (https://capitalatlas.ai/funds/pathbreaker-ventures) — Series B
- Eclipse Ventures (https://capitalatlas.ai/funds/eclipse-ventures) — Series B, Series C
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series C