Simbe Robotics is a technology company.
Simbe Robotics has raised $55.0M across 3 funding rounds.
Simbe Robotics has raised $55.0M in total across 3 funding rounds.
Simbe Robotics builds a multimodal retail intelligence platform featuring autonomous robots like Tally—the world's first shelf-scanning robot—alongside Tally Spot fixed sensors, Tally RFID for apparel, and supporting apps for real-time inventory, pricing, merchandising, and omnichannel insights.[1][2][3][4] It serves major retailers including Albertsons, BJ's Wholesale, Schnuck Markets, CarrefourSA, SpartanNash, and Wakefern across grocery, mass merchandise, club, and specialty sectors in 10 countries, solving critical pain points like 66% hidden out-of-stocks, 90% missed pricing errors, and high labor attrition through AI-powered computer vision and automation.[1][2][4][5] Operating on a robots-as-a-service (RaaS) model with monthly subscriptions, Simbe has raised over $100 million in funding, including a $50 million Series C in October 2024, doubled its team size, and converted over 50% of pilots to full contracts, powering the most retail banners worldwide with digitized shelf data.[2][3][4]
Founded in 2014 and headquartered in San Francisco, California, Simbe Robotics emerged to tackle retail's "last data desert"—inefficiencies in inventory, pricing, and shopper experience costing retailers 5.5% of revenue annually.[2][5] Tally debuted in 2015 as the world's first autonomous shelf-scanning robot, marking a pivotal moment with its computer vision for real-time stock monitoring.[4] Key milestones include Tally RFID in 2018 with partners like Schnuck Markets and Decathlon, Tally 3.0 in 2020 with enhanced capabilities, and expansion to fixed sensors and RFID for full-store visibility.[4] By 2025, celebrating Tally's 10-year anniversary, Simbe had detected 600 million shelf gaps and fixed 80 million promotion errors across 10 countries and nearly a dozen sectors, evolving from a single robot to the only platform combining robotics, computer vision, RFID, and fixed sensors.[3][4]
Simbe rides the wave of AI-driven retail automation, digitizing physical stores amid e-commerce growth and labor shortages, where manual audits miss 90% of issues and out-of-stocks erode 5% margins.[5][7] Timing aligns with post-2020 supply chain disruptions and omnichannel demands, enabling retailers to fulfill online orders from in-store inventory with precise visibility—catalyzing a shift from reactive to predictive operations across supply chain, merchandising, and finance.[4][5] Market forces like rising automation adoption (e.g., Google Cloud integration for predictive analytics) favor Simbe's leadership in shelf digitization, influencing the ecosystem by setting standards for multimodal intelligence and partnering with top global banners to redefine in-store execution.[3][4][6]
Simbe is poised to dominate as the single source for in-store intelligence, targeting every North American retailer and the world's top 100 by 2027 through Store Intelligence™ expansions like advanced AI models and broader RFID/sensor deployments.[3][4] Trends in edge AI, predictive analytics, and labor automation will accelerate growth, especially with recent $50M funding fueling international scaling beyond 10 countries.[2][4] Its influence will evolve from robot pioneer to ecosystem orchestrator, empowering brands with data-driven decisions and up to 15x ROI, solidifying retail's operational excellence in a digitized era—transforming how stores deliver on promises to shoppers, employees, and brands.[1][3][5]
Simbe Robotics has raised $55.0M in total across 3 funding rounds.
Simbe Robotics's investors include Anorak Ventures, CoinFund, Eclipse Ventures, Future Shape, Pathbreaker Ventures, Pillar VC, SOSV, Colin Carrier, Kevin Colas, BoxGroup, Brainchild, Equal Ventures.
Simbe Robotics has raised $55.0M across 3 funding rounds. Most recently, it raised $28.0M Series B in July 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2023 | $28.0M Series B | Anorak Ventures, CoinFund, Eclipse Ventures, Future Shape, Pathbreaker Ventures, Pillar VC, SOSV, Colin Carrier, Kevin Colas | |
| Sep 1, 2019 | $26.0M Series A | BoxGroup, Brainchild, CoinFund, Equal Ventures, Founders Future, Future Shape, Goodwater Capital, M.G. Siegler, Slow Ventures, The Engine, Clement Benoit, David Chang, Jeremy Yap, MG Siegler, Oskar Hartmann, Romain Afflelou, Scott Belsky | |
| Feb 1, 2016 | $1.0M Seed | 7percent Ventures, Accel, Andreessen Horowitz, Anorak Ventures, Coatue, Liquid 2 Ventures, Matrix, Pathbreaker Ventures, Susa Ventures, UpHonest Capital, Gautam Shah, John Collison, Louis Beryl, Matt Mazzeo, Samvit Ramadurgam |