Wabi Raises $55 Million at a $1.25 Billion Valuation, Led by IVP. The funding will support the growth of its personal AI assistant designed for collaborative use.
PRIVATEOct 29, 2026
Amount Raised
$55 Million
Round Type
Venture
San FranciscoSoftwareAppsArtificial IntelligenceSocial MediaMobile Appsinformation technology & services
Wabi has secured $55 million in funding, led by IVP, following a strong public launch. The funding will help enhance its personal AI assistant that promotes collaboration among users. Other notable investors include a16z, Forerunner, and Amazon Alexa Fund. The company aims to redefine how people interact with AI in their daily lives.
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Company Information
Company
Wabi
Location
San Francisco, California, United States
About
Wabi is a social platform that enables anyone to create mini apps using prompts and share them with friends. Founded by Eugenia Kuyda, who previously founded Replika, Wabi aims to make app creation accessible to non-technical users. The platform integrates creation, discovery, and hosting, eliminating the need for an app store. Wabi launched in beta last month and is seen as a significant development in the consumer AI space.
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San FranciscoSoftwareAppsArtificial IntelligenceSocial MediaMobile Appsinformation technology & services