Artificial Intelligence1 min read

Wabi, the AI agent that builds mini apps, now valued at $1.25B after latest round

By · Via TechCrunch · Published by Everything Blog

In short

The startup recently transitioned from generating simple prompt-based software into an AI-powered messenger capable of building personalized tools for tasks such as scheduling date nights and hosting trivia games. To support this direction, the team secured $55 million in fresh capital from top-tier institutional funds and prominent tech executives. The capital injection mirrors a broader venture trend favoring interactive agents, which recently saw competitor Instinct achieve a massive $10 billion valuation.

Key points

  • Wabi is actively shifting user engagement away from traditional text prompts toward an in…: Wabi is actively shifting user engagement away from traditional text prompts toward an intuitive, interactive messaging environment.
  • High-profile technology executives are aggressively backing consumer artificial intellige…: High-profile technology executives are aggressively backing consumer artificial intelligence tools that generate customized software interfaces on demand.
  • The platform's newfound unicorn status reflects sustained investor enthusiasm across the…: The platform's newfound unicorn status reflects sustained investor enthusiasm across the rapidly expanding market for autonomous software agents.

Sources checked by our analysis pipeline: 1

The race to build the winning AI assistant is on, and investors are spreading out their bets. On Thursday, another AI app, Wabi, now describing itself as a “personal agent,” said it has raised $55 million at a $1.25 billion valuation.

Founded by Eugenia Kuyda, who previously founded the AI companion startup Replika, Wabi originally focused on allowing anyone to build apps using prompts. Last month, however, the startup announced a pivot of sorts to become an AI messenger.

The idea now is that the new Wabi — or Wabi 2.0, as it was called — could build the interfaces you need to get things done as part of its role as your personal AI agent.

The company suggests Wabi could be used to build mini apps for things like meal planning, tracking local restaurants, planning date nights, creating fitness plans, designing specialized trivia games, and more.

The additional funding indicates that Wabi’s investors agree that its new agentic angle has some potential, especially given the market around AI agents is hot right now, with viral AI agent Instinct pulling…

Artificial Intelligence