November 14, 2026 Understand what changes. Find what to use.

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Wabi says it raised $55 million at a $1.25 billion valuation

Wabi says it raised $55 million in a round led by IVP at a $1.25 billion valuation. The startup was founded by Eugenia Kuyda, who also created Replika, and initially let anyone build apps using prompts; last month, it announced a shift to become an AI messenger and began describing itself as a “personal agent.”

The company says Wabi 2.0 can build interfaces and mini apps for tasks such as meal planning, tracking local restaurants, organizing date nights, creating fitness plans and designing specialized trivia games. Andreessen Horowitz (a16z), Forerunner, Amazon Alexa Fund and angel investors including Tobi Lütke, Marc Benioff, Marissa Mayer, Dick Costolo and Alex Pall also participated in the round, according to TechCrunch.

Why it matters · editorial interpretation

The round values Wabi at $1.25 billion as the company shifts from a platform for building prompt-based apps to an AI messenger described as a “personal agent.” The change may signal an investor bet on more integrated experiences for everyday tasks, although the company only says Wabi 2.0 can create these interfaces and mini apps.

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