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Simbe Robotics raised $50M in a Series C funding round led by Goldman Sachs to enhance its retail robot business.

PRIVATEOct 24, 2024

Amount Raised

$50 Million

Round Type

Series C

South San FranciscoInformation TechnologySoftwareArtificial IntelligenceE CommerceRetailAnalytics

Investors

Eclipse VenturesValo VenturesGoldman Sachs

Description

Simbe Robotics closed a $50 million Series C funding round led by Goldman Sachs' growth equity fund and other investors. The company plans to use the funds to invest in its product, engineering, sales, and customer support teams, while expanding its workforce.

Quick answer

Simbe Robotics raised $50 Million in a Series C round, dated October 24, 2024. Investors: Eclipse Ventures, Valo Ventures and Goldman Sachs. Simbe Robotics is based in South San Francisco, California, United States.

How much did Simbe Robotics raise?
Simbe Robotics raised $50 Million in a Series C round on October 24, 2024.
Who invested in Simbe Robotics?
Eclipse Ventures, Valo Ventures and Goldman Sachs are named as investors in this round.
What does Simbe Robotics do?
Simbe is the global leader in Store Intelligence™ solutions that provide unprecedented visibility and real-time insights to increase retailer performance.
Where is Simbe Robotics based and how big is it?
Simbe Robotics is based in South San Francisco, California, United States. Fundz records about 70 employees.
Who are the decision-makers at Simbe Robotics?
Fundz holds 3 contacts at Simbe Robotics, including the Director of Talent Acquisition. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in E Commerce and Retail around the same time

Companies in the same sectors as Simbe Robotics that raised within 45 days of this round, from Fundz verified event records.

  • Augmodo raised $5.3M (Seed) on October 2, 2024.
  • Ethyca raised $10M (Funding Round) on December 5, 2024.
  • Provarity raised $7M (Seed) on December 4, 2024.
  • HappyRobot raised $16M (Series A) on December 4, 2024.
  • carbmee raised $21M (Series A) on December 3, 2024.
  • Montara raised $5.4M (Seed) on November 28, 2024.

Who to call at Simbe Robotics, and when

A new round usually means Simbe Robotics is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Simbe Robotics

Location

439 Littlefield Ave

South San Francisco, California, United States

About

Simbe is the global leader in Store Intelligence™ solutions that provide unprecedented visibility and real-time insights to increase retailer performance. Simbe combines cutting-edge AI and robotics to power business-critical intelligence that improves inventory management and streamlines operations, while empowering retailers to better support store associates and elevate shoppers’ experience.

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Related People

3 contacts
Verified contactsJake L., Director of Talent Acquisition hiddenSee plans and pricing
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Simbe Robotics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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