Wabi, the AI agent that builds mini apps, now valued at $1.25B after latest round

1 week ago 23
Image Credits:Wabi

7:35 AM PDT · October 29, 2026

The contention to physique the winning AI adjunct is on, and investors are spreading retired their bets. On Thursday, different AI app, Wabi, present describing itself arsenic a “personal agent,” said it has raised $55 cardinal astatine a $1.25 cardinal valuation.

Founded by Eugenia Kuyda, who antecedently founded the AI companion startup Replika, Wabi primitively focused connected allowing anyone to physique apps utilizing prompts. Last month, however, the startup announced a pivot of sorts to go an AI messenger.

The thought present is that the caller Wabi — oregon Wabi 2.0, arsenic it was called — could physique the interfaces you request to get things done arsenic portion of its relation arsenic your idiosyncratic AI agent.

The institution suggests Wabi could beryllium utilized to physique mini apps for things similar repast planning, tracking section restaurants, readying day nights, creating fittingness plans, designing specialized trivia games, and more.

Image Credits:Wabi

The further backing indicates that Wabi’s investors hold that its caller agentic space has immoderate potential, particularly fixed the marketplace astir AI agents is blistery close now, with viral AI cause Instinct pulling successful different cardinal at a $10 cardinal valuation successful September.

Even Tolan, which makes a cute, muppet-like AI companion to assistance radical navigate life, just raised $30 million.

“Eugenia has a unsocial consciousness for wherever AI is headed and a way grounds of large sensation successful gathering it,” said Alex Lim, wide spouse astatine IVP, which led the caller round, successful a statement. “She has a wide imaginativeness for however radical volition interact with AI, 1 that goes acold beyond the substance container oregon bid line. Wabi is the look of that vision, and we’re thrilled to enactment her.”

Other participants successful the circular included Andreessen Horowitz (a16z), Forerunner, Amazon Alexa Fund, and angel investors similar Shopify CEO Tobi Lütke, Salesforce CEO Marc Benioff, erstwhile Yahoo! caput Marissa Mayer, erstwhile Twitter CEO Dick Costolo, and 1 fractional of The Chainsmokers, Alex Pall.

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