GreyOrange

Founded in 2011, GreyOrange is a US-based company specializing in AI-driven solutions for warehouse and retail automation, focusing on optimizing inventory management and fulfillment operations through innovative robotics technology. GreyOrange, based in Roswell, US, was founded in 2011 by Akash Gupta and Samay Kohli. The company offers advanced automation solutions that enhance logistics and inventory management. Recently, GreyOrange raised USD 103.

32 mn in SERIES D funding on November 8, 2023, led by Anthelion Capital, with participation from Blume Ventures, Mithril Capital Management, and Three State Capital. The funding round was part of a larger USD 132. 32 mn SERIES D funding effort. As of now, GreyOrange has completed a total of 9 deals, with a current valuation of USD 447.

32 mn. GreyOrange specializes in AI-driven orchestration and inventory management solutions that enhance warehouse and retail operations. Central to their offerings is the Fulfillment Orchestration Platform, which integrates various automated technologies such as Goods-to-Person Automation, Intralogistics Automation, and Cobots to optimize fulfillment performance in real time. Their solutions are used by major retailers and fulfillment centers across North America, Europe, and parts of Asia-Pacific, catering to industries such as apparel, consumer electronics, and grocery retail.

In the most recent year, GreyOrange reported revenue of USD 27. 46 mn, with an EBITDA of USD -9. 46 mn. The company generates revenue primarily through a subscription-based model and partnerships with B2B clients, particularly in the retail and logistics sectors, engaging clients through multi-year contracts for automation technology and services.

Following their recent SERIES D funding, GreyOrange plans to utilize the USD 103. 32 mn raised to bolster its technology and expand its market presence. The funding will support the adoption of its platform across warehouses, distribution centers, and retail stores. The company is targeting expansion into new geographic regions, aiming to enhance its offerings globally.

Plans for upcoming product launches will be part of their strategy to maintain competitiveness in the evolving landscape of warehouse automation.