Personal AI assistant company Wabi has raised $55 million in new funding at a $1.25 billion valuation, the company announced on October 29, 2026. The round was led by IVP, with participation from Andreessen Horowitz, Forerunner, and the Amazon Alexa Fund, alongside angel investors including Shopify chief executive Tobi Lütke and Salesforce chief executive Marc Benioff.
The funding follows strong interest in Wabi’s recent public launch. Founder Eugenia Kuyda, who previously built the AI companion platform Replika, launched Wabi 2.0 publicly on October 19. The company said the new capital will support continued product development and expansion.
Wabi’s pitch is that personal AI should be social rather than solitary. Instead of a single person typing into a single chat, the assistant is built for groups: shared spaces where couples plan trips, families coordinate schedules, and friends organize events. Personalized mini-apps turn those conversations into reusable tools, such as a shared restaurant list, a weekly meal plan that becomes a grocery list, or a tracker for a book club.
The assistant also handles everyday responsibilities, from managing family schedules and helping children with homework to arranging appointments and organizing trips. It is available on iOS, Android, and Mac.
The raise underlines how crowded the personal assistant race has become. Where early assistants competed on answering questions, Wabi is betting the next phase is about coordination: software that remembers a group’s tastes and habits and helps people spend time together rather than just saving it. Tools like Replika and ChatGPT show how far companions and chatbots have come, and Apple’s push to give Siri memory shows the giants moving the same way; Wabi’s test will be whether group-first design proves to be a genuinely different product or simply a new interface on the same idea.
Source: Unite.AI
