Wabi, a shared personal AI assistant, raised $55 million in new funding at a $1.25 billion valuation. IVP led the round. Andreessen Horowitz, Forerunner, the Amazon Alexa Fund, and several angel investors also participated.
Funding details
Wabi announced the funding on October 29, 2026. The company said the round drew strong interest after its recent public launch. It will use the money to support product development and expansion.
Company origins
Wabi was founded by Eugenia Kuyda. She previously created the AI companion platform Replika. The company describes Wabi as an operating system for life where people, tools, and AI come together.
How Wabi works
The platform combines an AI agent, personalized mini-apps, and shared spaces. Friends can use it to discover new bands, run fitness challenges, and check in on each other. Couples and families can plan date nights, share meal plans, and manage schedules.
Wabi is currently available on iOS, Android, and Mac. A Windows version is coming soon. The company offers more details on its website.