Wabi, from Replika creator Eugenia Kuyda, raises $55M at $1.25B valuation
Wabi, a personal AI assistant founded by Replika creator Eugenia Kuyda, has raised $55 million in a round led by IVP at a $1.25 billion valuation. The company says the funding follows strong interest in its recent public launch.
- Wabi raised $55 million led by IVP at a $1.25 billion valuation.
- Other investors include a16z, Forerunner and Amazon Alexa Fund, plus several well-known angels.
- Founder Eugenia Kuyda previously created the AI companion platform Replika.
- Wabi combines an AI agent, personalized mini-apps and shared spaces for groups.
- Available on iOS, Android and Mac, with Windows coming soon.
Funding and investors
According to the company, the $55 million round was led by IVP. Other participants include Andreessen Horowitz (a16z), Forerunner and Amazon Alexa Fund. A group of angels and founders also took part, among them Tobi Lütke, Marc Benioff, Marissa Mayer, Dick Costolo and Alex Pall.
Wabi says the new money will support continued product development and expansion. The announcement was published on October 29, 2026, through PR Newswire.
An AI assistant built for groups, not individuals
Wabi describes itself as a personal AI assistant built for life together. Kuyda previously founded the AI companion platform Replika. The company contrasts its approach with the typical assistant, which it says is built for one person typing into one chat. Wabi is instead betting that the next stage of personal AI happens between people, such as couples, families, book clubs, running groups and friends.
The product combines three elements: an AI agent, personalized mini-apps and shared spaces. The aim, according to the company, is to let people put AI to work across their interests, relationships and everyday lives.
Kuyda, founder and CEO of Wabi, said: "AI shouldn't just save people time. It should help them spend it better, doing more of what they love, with the people they love." She also said the company believes Wabi "has the power to become an operating system for life."
How people use it
Wabi lists several uses since launch. Friends have used it to discover new bands based on shared musical tastes, run 30-day fitness challenges and find ways to check in on each other during hard times. Couples have used it to plan date nights. Individuals have built routines around personal goals and sought step-by-step guidance through a breakup.
The mini-apps are meant to make these interactions more than one-off chats. Examples from the company include:
- A running list of restaurants a couple wants to try and can check off together
- A weekly family meal plan that turns into a grocery list
- Trivia games for milestone birthdays
- Trackers for a book club
According to Wabi, these tools can be revisited and adapted over time. The assistant also handles everyday tasks, from coordinating family schedules and helping children with homework to booking appointments and planning trips.
Investor views and availability
Alex Lim, General Partner at IVP, said Kuyda has "a clear vision for how people will interact with AI, one that goes far beyond the text box or command line." Anish Acharya, general partner at a16z, said his firm has backed her since the pre-seed stage, calling Wabi "a thoughtful bet in a space that's moving fast."
Wabi is available at wabi.ai and can be downloaded on iOS, Android and Mac. The company says a Windows version is coming soon. The source does not give pricing details.
For users, the announcement signals that Wabi intends to keep building out a shared, multi-person model of AI assistance, with new funding behind its product development and expansion.
