Wabi AI agent reaches $1.25B valuation after $55m deal

IVP led the $55 million round for Eugenia Kuyda’s personal AI agent, which builds mini apps for everyday tasks after a recent messenger-style pivot.

Wabi said it raised $55 million at a $1.25 billion valuation on Thursday.

The product is framed as a personal AI agent that can build mini apps for everyday tasks.

Founder Eugenia Kuyda previously founded the AI companion startup Replika.

IVP led the round; a16z, Forerunner, Amazon Alexa Fund and several angel investors joined.

Last month the company shifted toward an AI messenger model, dubbed Wabi 2.0.

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