Automated Retail Intelligence Platform Simbe Raises $50M in Series C Funding

Platforms
Written By Rick Watson

Simbe is the robotics company whose aisle-scanning bots are in several U.S. grocery chains.

Automated retail shelf intelligence and robotics company Simbe has raised $50M in Series C funding to invest in its technology, partnerships, and new product/area development. Retail shelves are one of the last data collection and analytics opportunities directly impacting retailers' and brands' daily operations. First, it was the wisdom of the crowds, and it increasingly looks like robotics that will solve this challenge.

Grocery Dive: Simbe raises $50M in latest funding round

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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