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  4. Wabi raises $55M for consumer AI assistant
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Funding & Deals

Wabi raises $55M for consumer AI assistant

SiliconANGLE: Wabi reels in $55M for its consumer-focused AI assistant

Wabi Inc., the developer of an artificial intelligence assistant for consumers, today announced that it has raised $55 million in funding. IVP led the seed round with contributions from Amazon Alexa Fund, Andreessen Horowitz and Forerunner. They were joined by a group of angel investors that included Salesforce Inc. CEO Marc Benioff and Shopify Inc. […] The post Wabi reels in $55M for its consumer-focused AI assistant appeared first on SiliconANGLE.

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Wabi Inc. is a consumer-focused artificial intelligence assistant accessible through Mac, iOS, and Android that organizes around a group chat interface with an embedded AI. The assistant can help users find restaurants for meetups, manage budgets through financial data integration, flag unused subscriptions, and create simple applications and games within the chat window. The company raised $55 million in funding led by IVP with backing from Amazon Alexa Fund, Andreessen Horowitz, Forerunner, and angel investors including executives from Salesforce and Shopify. Wabi was founded by Eugenia Kuyda, who previously created Replika, a consumer AI startup with over 35 million users, and the company plans to use the funding for growth initiatives including launching a Windows app.

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