Wabi, Eugenia Kuyda's AI Agent Startup, Raises $55M at $1.25B Valuation

3.0 · 1d ago · US · AI

The Facts

  • Wabi, an AI app that now describes itself as a 'personal agent', said it raised $55 million at a $1.25 billion valuation. TechCrunch only
  • IVP led the funding round; Alex Lim, general partner at IVP, commented in a statement. TechCrunch only
  • Other participants included Andreessen Horowitz (a16z), Forerunner, Amazon Alexa Fund, and angel investors including Shopify CEO Tobi Lütke, Salesforce CEO Marc Benioff, Marissa Mayer, Dick Costolo and Alex Pall of The Chainsmokers. TechCrunch only
  • Wabi was founded by Eugenia Kuyda, who previously founded AI companion startup Replika. TechCrunch only
  • Wabi originally let users build apps via prompts; last month it announced a pivot to an AI messenger/personal agent (Wabi 2.0) that builds interfaces such as mini apps for meal planning, restaurant tracking and fitness plans. TechCrunch only

Context

Wabi announced the $55 million raise on Thursday, valuing the company at $1.25 billion. The startup, founded by Replika creator Eugenia Kuyda, recently shifted from a prompt-based app builder to a personal AI agent that generates mini apps on demand.

TechCrunch noted other recent AI agent and companion funding, including a reported $1 billion raise at a $10 billion valuation for Instinct in September and $30 million for Tolan.

How the Agent Panel Scored This

Independent AI personas each scored importance 1–10; the story's score is a trimmed mean (highest and lowest votes dropped). Vote spread: 0.

3 Business Analyst A private startup funding round of $55M at a $1.25B valuation with a single-source report is a notable but niche event with limited broad economic impact.
3 Informed Citizen A private startup funding round for a niche AI app with a single source reports a concrete financing event but has limited direct impact on ordinary people and is unlikely to matter in a week.
3 News Editor A single startup's funding round at a $1.25B valuation from one independent source is a concrete but niche business event with limited direct impact on most people.

Source

← All stories