According to Gartner, Inc., by 2027, half of all companies managing warehouses will have adopted AI-driven vision technologies, moving away from conventional scanning methods for cycle counting.
San Francisco-based Kargo has closed an $18.4 million funding round as the company continues its push to bring artificial intelligence into America's warehouses and distribution centers.
The round was led by Matter Venture Partners, with backing from returning investors Sozo Ventures and Founders Fund. What's particularly noteworthy is the participation of two major customers food storage giant Lineage and supply chain provider Armada, who doubled down on their relationship with the startup by becoming investors.
That customer confidence appears well-founded. Kargo has already deployed its
From Blind Spots to Big Money Kargo’s $18M AI Warehouse Vision
- By Upasana Banerjee
- Published on
Kargo's approach centers on what founder Sam Lurye calls "visual proof" of warehouse operations
