AI Startup Writer Nabs A $1.9 Billion Valuation To Become A Super App For Enterprises
The company has raised $200 million to build the next iteration of AI models that can help employees get their work done faster.
Generative AI startup Writer raises $200M at a $1.9B valuation
Writer has raised $200 million at a $1.9 billion valuation to expand its enterprise-focused generative AI platform. The Series C round was co-led by Premji Invest, Radical Ventures, and ICONIQ Growth, with participation from Salesforce Ventures, Adobe Ventures, B Capital, Citi Ventures, IBM Ventures, and Workday Ventures.
AI Startup Writer Raises Funds at $1.9 Billion Valuation
Writer, a startup aiming to compete with the likes of OpenAI to sell artificial intelligence products to businesses, has raised a new round of financing that nearly quadruples its valuation to $1.9 billion.
Writer reels in $200M for its generative AI toolkit
San Francisco-based Writer develops a series of large language models geared towards the enterprise market. The company’s most advanced model, Palmyra X 004, debuted last month. The LLM significantly outperforms GPT-4o at tool use, meaning it more reliably performs tasks that require interacting with external applications such as databases.
Writer Raises $200M Series C at $1.9B Valuation to Fuel Leadership in Agentic Enterprise AI
Writer, the full-stack generative AI platform for the enterprise, today announced $200M in Series C venture funding at a $1.9 billion valuation. The round was co-led by Premji Invest, Radical Ventures,
AI Startup Writer Authors $200M Round At $1.9B Valuation
San Francisco-based Writer locked up a $200 million Series C that values the enterprise-focused generative AI platform at $1.9 billion.
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