Wabi Raises $55M at $1.25B Valuation

Wabi, a San Francisco-based company developing a personal AI assistant designed for shared collaborative experiences, has raised $55 million in funding at a $1.25 billion valuation. Founded by the creator of Replika, the company provides an AI-driven platform that integrates agents and mini-apps to help users coordinate plans, manage household responsibilities, and build shared routines.

Investors

The funding round was led by IVP, with participation from Andreessen (a16z), Forerunner, Amazon Alexa Fund, and angel investors including Tobi Lütke, Marc Benioff, Marissa Mayer, Dick Costolo, and Alex Pall.

Wabi Use of Funds

Wabi plans to utilize the new capital to support continued product development and company expansion.

About Wabi

Founded by CEO Eugenia Kuyda, Wabi is building a personal AI assistant designed for shared experiences. Its platform combines an AI agent, personalized mini-apps, and shared spaces to help people manage everyday activities, pursue interests, and collaborate on personal goals.

Funding Details

Company Website: https://wabi.ai

Company: Wabi
Raised: $55M
Funding Date: October 29, 2026
Lead Investor: IVP
Additional Investors: Andreessen (a16z), Forerunner, Amazon Alexa Fund, Tobi Lütke, Marc Benioff, Marissa Mayer, Dick Costolo, Alex Pall
Company Website: https://wabi.ai/
Software Category: Artificial Intelligence
Source: https://www.prnewswire.com/news-releases/wabi-raises-55-million-at-a-1-25-billion-valuation-following-strong-early-demand-302923254.html