Eugenia Kuyda's Wabi raises $55M at a $1.25B valuation
IVP led the round, joined by a16z, Forerunner, Amazon Alexa Fund and prominent tech executives, as Wabi shifts toward shared AI assistance.
By Ryan Merket · Published
Primary source: x.com
Why it matters
Kuyda is using a $1.25B valuation to back a consumer-AI thesis that shifts the assistant from private chat toward shared coordination. Wabi still has to show that group use and custom apps can become repeat behavior and a business.
Eugenia Kuyda (@ekuyda) said on October 29th that Wabi, her personal-AI startup, raised $55 million in a Series A at a $1.25 billion valuation. IVP led the round, with participation from Andreessen Horowitz, Forerunner and Amazon Alexa Fund, alongside individual investors including Tobi Lütke, Marc Benioff, Marissa Mayer, Dick Costolo and Alex Pall.…
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