PITTSBURGH — Gather AI, a pioneer in Physical AI for logistics, has secured $40 million in Series B funding led by Smith Point Capital Management. The round also includes participation from Bain Capital Ventures, Tribeca Venture Partners, Bling Capital, Dundee Venture Capital, XRC Ventures, and a new investor, The Hillman Company. To date, the company has raised a total of $74 million. The funding comes on the heels of a year marked by substantial growth and expansion. Gather AI has doubled its operational footprint, strengthening its ability to deliver real-time, AI-driven insights across complex logistics networks. The company’s Physical AI platform leverages computer vision, robotics, and machine learning to automate and optimize physical supply chain operations—such as warehouse inventory tracking, freight inspection, and loading verification—delivering unprecedented accuracy and efficiency. With this investment, Gather AI plans to accelerate product development, expand its team, and scale operations globally. The company aims to deepen integrations with enterprise logistics providers, retailers, and manufacturers seeking to modernize their supply chains through intelligent automation. Gather AI’s technology enables businesses to capture and analyze real-world data from physical environments, turning unstructured visual information into actionable intelligence. This capability is increasingly critical as companies face rising demands for transparency, speed, and resilience in global logistics. The company’s growing client base includes major players in transportation, warehousing, and retail, all leveraging Gather AI’s platform to reduce errors, cut costs, and improve delivery timelines. The new capital positions Gather AI to lead the next wave of AI adoption in physical infrastructure and logistics operations.