Asana acquires no-code agent-builder Stack AI

Asana has acquired the workflow automation institution Stack AI, the institution announced connected Thursday aft marketplace closed, portion of a larger effort to presumption itself arsenic an AI-native workplace platform. Stack AI’s founders, Tony Rosinol and Bernard Aceituno, volition articulation Asana arsenic portion of the acquisition. The institution declined to stock fiscal presumption of the deal.

Asana framed the acquisition arsenic portion of its broader AI pivot, successful which it tries to alteration its level into “the operating strategy for human-agent teams.”

The announcement was timed to coincide with Asana’s net and capitalist call.

Built as an AI workflow-automation system, Stack AI designs agents to run wrong existing concern systems, pulling successful information from Salesforce, Slack, Goggle Workspace, and different systems. The startup, which was portion of Y Combinator’s Winter ’23 cohort, has faced fierce contention from automation tools similar Zapier arsenic good arsenic AI labs similar OpenAI and Anthropic.

Stack AI had raised conscionable nether $20 million, according to Pitchbook data, with astir of it coming successful a caller $16 cardinal Series A round. That round included backing from Gradient, Epaklon Capital, Lobby VC, LifeX Ventures, and Vercel CEO Guillermo Rauch.

While users are apt astir acquainted with Asana’s enactment absorption system, the institution has released a fig of AI-oriented products successful caller years, astir notably the AI Studio cause builder and AI Teammates bid of pre-built automations. While equivalent tools are disposable from large labs, Asana sees its heavy integration into existing firm workflows arsenic a cardinal advantage, allowing it to distill discourse and grooming information that would different beryllium unavailable.

Asana has struggled successful the nationalist markets during the AI era, losing much than fractional its marketplace headdress worth since the instauration of ChatGPT — a spiral that grew worse with the departure of laminitis Dustin Moskovitz arsenic CEO past March. But revenues person continued to turn steadily, and the caller enactment is assured that its caller human-agent products volition alteration it to rebound.

“This acquisition accelerates our roadmap and takes america into the adjacent signifier of human-agent work,” said CEO Dan Rogers successful a statement. “We’re already seeing existent momentum with AI Teammates and AI Studio… StackAI present lets them spell further, agentifying the astir analyzable concern processes end-to-end.”