Wabi Secures $55 Million in Funding at $1.25 Billion Valuation
AI startup Wabi, founded by Replika creator Eugenia Kuyda, has raised $55 million in a funding round led by IVP. The investment brings the company's valuation to $1.25 billion. The round included significant participation from Andreessen Horowitz (a16z), Forerunner, and the Amazon Alexa Fund, alongside high-profile angel investors. Wabi distinguishes itself from traditional single-user AI assistants by focusing on collaborative personal AI. The platform integrates an AI agent with personalized mini-apps designed for shared use among friends, couples, and families to manage routines, plan activities, and coordinate life tasks. This approach aims to position Wabi as a social 'operating system' for daily life.