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AI app Wabi raises $55 million in funding, reaching a valuation of $1.25 billion.
According to TechCrunch, AI app company Wabi, founded by Replika creator Eugenia Kuyda, has raised $55 million, reaching a valuation of $1.25 billion. This round was led by IVP, with participation from Andreessen Horowitz (a16z), Forerunner, Amazon Alexa Fund, and others, alongside individual investors such as Shopify CEO Tobi Lütke and Salesforce CEO Marc Benioff.
Shopify
French AI planning software company Pigment raises $250 million at a $2.3 billion valuation.
According to Bloomberg, French AI business planning software company Pigment has announced a $250 million funding round at a $2.3 billion valuation. The round was led by Scaleup Europe Fund, with participation from Nvidia, World Innovation Lab, Iconiq, IVP, and Meritech Capital. CEO Eléonore Crespo stated that the company plans to bring in Asian investors and accelerate its business expansion in Asia. Founded in 2019, Pigment primarily provides an enterprise financial and business planning platform, alongside agentic AI features, with its annual recurring revenue (ARR) having surpassed $100 million.
World
AI Agent company Wonderful completed a $550 million Series C funding round at a $5 billion valuation, led by Insight Partners
: AI Agent company Wonderful announced the completion of a $550 million Series C funding round, raising its valuation to $5 billion. The round was led by Insight Partners, with participation from Index Ventures, IVP, Vine Ventures, 9Yards, Bessemer Venture Partners, Salesforce, and others. The company primarily enters the market with its AI agent platform, helping enterprises deploy and integrate AI systems, including connecting and orchestrating AI agents, workflows, and AI applications, while integrating with enterprise data, context, and existing systems. It also supports different AI models and existing technology stacks. The new funds will be used to accelerate product development and expand the forward-deployed engineer (FDE) team. (WSJ)
Vine
Wonderful completes $550 million Series C funding round, reaching a $5 billion valuation
AI-powered customer service startup Wonderful has raised $550 million in its Series C funding round, valuing the company at $5 billion. Led by Insight Partners, the round included Salesforce as a new investor, with participation from Index Ventures, Bessemer Venture Partners, IVP, and other firms. In just 20 months since launch, Wonderful’s enterprise agent platform has entered over 30 markets and deployed hundreds of agents across more than a dozen vertical industries, addressing applications ranging from customer service to internal employee systems.
Kalshi closes $200 million Series F extension round, with Baillie Gifford and Layer Global participating
sources revealed prediction market platform Kalshi has raised an additional $200 million from Baillie Gifford and Layer Global, further expanding the $1 billion funding round previously led by Coatue Management, while maintaining a company valuation of $22 billion.Earlier this month, Kalshi announced the completion of a $1 billion Series F round, with participants including Sequoia Capital, a16z, IVP, Paradigm, Morgan Stanley, and ARK Invest.Data shows that Kalshi's monthly trading volume in April exceeded $14 billion, with annualized revenue surpassing $1.5 billion. (Bloomberg)
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