Wabi raises $55 million at a $1.25 billion valuation
Original title: Wabi, the AI agent that builds mini apps, now valued at $1.25B after latest round
The Replika founder's startup shifted from prompt-built apps to a personal agent that generates mini-app interfaces.
Wabi said Thursday it raised $55 million at a $1.25 billion valuation in a round led by IVP. Andreessen Horowitz, Forerunner, the Amazon Alexa Fund, and several angel investors also participated. Founded by Eugenia Kuyda, the company last month pivoted from prompt-based app building to an AI messenger that creates task-specific mini apps.
- Angels named include Tobi Lütke, Marc Benioff, Marissa Mayer, and Dick Costolo.
- The article cites Instinct's September round at a $10 billion valuation.
- It also notes Tolan raised $30 million.
- Products
- Wabi
- Organizations
- IVPAndreessen HorowitzForerunnerAmazon Alexa Fund
From the original article
2 min read at techcrunch.com
On Thursday, AI app, Wabi, now describing itself as a "personal agent," said it has raised $55 million at a $1. 25 billion valuation.
By Sarah Perez · techcrunch.com
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