Simbe Robotics is a company building automation solutions for shelf auditing and analytics in the retail industry. It uses robotics and artificial intelligence to provide physical retail solutions for inventory and operations.
Simbe’s first product, Tally, is designed to perform the repetitive and laborious task of auditing shelves for out-of-stock items, low stock items, misplaced items, and pricing errors.
Simbe’s Tally system is comprised of mobile robots that autonomously navigate physical retail stores, executing inventory auditing tasks through computer vision and RFID scanning technology.
Bradley Bogolea, Jeff Gee, and Mirza Shah founded Simbe Robotics in 2014 and is based in San Francisco, California. Backed by leading hardware venture fund Lemnos Labs and startup accelerator veteran of 20 years SOSV, Simbe Robotics is ideally positioned to provide severe disruption to the world of retail. The company’s robots have been deployed in more than 12 of the top 250 global retailers in the Americas, Europe, the Middle East, and Asia, including partners such as Schnuck Markets, Giant Eagle, Decathlon Sporting Goods, and Groupe Casino.
Simbe Robotics raises a $26,000,000 series A round from Valo Ventures, Activant Capital, Future Shape LLC and Venrock.
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- SOSVSOSV (formerly SOS Ventures) is a venture capital firm founded in 1995 by Sean O'Sullivan that provides growth, seed, and venture capital funding to startups. SOSV runs six seed accelerator programs: HAX Accelerator, Chinaccelerator, MOX, IndieBio, RebelBio, and Food-X.
- HAX AcceleratorHAX Accelerator is a startup incubator providing funding and other resources to startups developing hardware, robotics, and connected devices. The company is run by SOSV, located in both Shenzhen, China, and San Francisco, USA, and was founded in 2011 by Cyril Ebersweiler and Sean O'Sullivan.