Writer, The Full-Stack Generative Ai Platform, Announces $100 Million Series B To Help Deliver Generative Ai To The Enterprise
Sep 18, 2023•over 2 years ago
Amount Raised
$100 Million
Round Type
series b
Investors
VanguardAccentureAspect VenturesInsight PartnersBalderton CapitalWndr CoIconiq Growth
Description
Writer, the leading full-stack generative AI platform for enterprises, announced its Series B funding round of $100 million today. The round is being led by ICONIQ Growth with participation from WndrCo, Balderton Capital and Insight Partners, who led the Series A, and Aspect Ventures, who led the Seed. In addition, this round includes participation from several Writer customers such as Accenture and Vanguard. With this financing, ICONIQ Growth’s Doug Pepper has joined the board.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech