AI-Powered Productivity Engine Raises $50M in Latest Funding Round

The investment brings You.com’s total funding to $99 million to advance collaborative tools and custom AI agents

Heidi Vella, Freelance journalist

September 11, 2024

2 Min Read

Collaborative AI-powered productivity engine You.com has been awarded $50M in a series B funding round led by Georgian, a growth-stage B2B investor.

Salesforce Ventures, NVIDIA, Gen Digital, SBVA, DuckDuckGo and Day One Ventures also participated in the round. 

You.com offers advanced proprietary AI agents for research and problem-solving that is third-party benchmarked for accuracy. It also enables users to create custom AI agents on top of any AI model for any task.

The platform has millions of active users across hedge funds, tech unicorns, and multiple publicly traded companies and has answered 1 billion queries since its launch in 2021, the company said. 

With the new investment announcement, the company said it had made updates such as introducing a multiplayer AI within its Team plan, moving beyond just a single-worker mode to a collaborative, team-oriented experience.

Using the multiplayer approach, teams can build, share and discover Custom Agents, exchange chat threads, access unlimited file uploads with no data retention concerns, and more, the company said. 

The product also features AI research agents that execute multiple searches from one prompt, an AI genius agent that can solve complex problems with a conversational prompt and an AI custom Agent for any task using models from OpenAI, Anthropic, Meta and Google. 

Related:Fetch.ai Launches Innovation Lab to Propel AI Agent Technology

Margaret Wu, Lead Investor at Georgian said the company’s investment team used You.com for the extensive market research and synthesis work it does daily and experienced significant time savings. 

“We believe that You.com’s deep bench of talent and technical expertise will continue to position the company ahead of competitors in a quickly evolving market,” Wu said. 

The firm was founded by Salesforce alumni Richard Socher and Bryan McCann, former chief scientist and former lead AI research scientist respectively.

Socher said when the pair first started You.com they saw an opportunity to reinvent the gateway to people’s online journey.

"Billions of questions were being answered every day with a list of blue links, but our users wanted more,” he said. 

“Our AI agents help millions of knowledge workers be more productive, whether it’s through fast, accurate answers, research and analysis, problem-solving, or content creation,” he added. 

According to the company, Socher and McCann were the first to embed LLMs into a search experience before ChatGPT and were the first with internet access, providing up-to-date answers with verifiable citations.

While working at Salesforce in 2017 the pair invented contextualized word vectors, leading to the biggest improvements in search since Google Search, according to the company. They also helped pioneer prompt engineering with a 2018 DecaNLP paper.

Related:Researchers Optimize AI Agent Workloads Innovatively

About the Author

Heidi Vella

Freelance journalist, Freelance

Heidi is an experienced freelance journalist and copywriter with over 12 years of experience covering industry, technology and everything in between.

Her specialisms are climate change, decarbonisation and energy transition and she also regularly covers everything from AI and antibiotic resistance to digital transformation. 

Keep up with the ever-evolving AI landscape
Unlock exclusive AI content by subscribing to our newsletter!!

You May Also Like