Wabi raises $55 million at a $1.25 billion valuation after public launch
Wabi announced $55 million in financing led by IVP at a reported $1.25 billion valuation, following the public launch of its personal AI assistant. Andreessen Horowitz, Forerunner and Amazon Alexa Fund also participated, alongside several technology founders and executives. Founded by Replika creator Eugenia Kuyda, Wabi combines an AI agent with personalized mini-app creation and multiplayer collaboration. The company says early users have applied it to shared music discovery, fitness challenges, planning and personal support. According to the announcement, the new capital will fund continued product development and expansion. Wabi is available on iOS, Android and macOS, with a Windows version planned. The release confirms the funding amount, valuation and stated product direction, but does not disclose user numbers, revenue, hiring targets or the company’s current headcount. Those omissions make operating scale and commercial traction important areas for candidate diligence.
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