# Wabi valued at $1.25B after $55M funding round

> Eugenia Kuyda's AI agent startup Wabi has raised $55 million at a $1.25 billion valuation, pivoting to build mini apps as a personal assistant.
- Title: Wabi valued at $1.25B after $55M funding round · TechCrunch
- Summary: Eugenia Kuyda's AI agent startup Wabi has raised $55 million at a $1.25 billion valuation, pivoting to build mini apps as a personal assistant. Wabi, founded…
- Keywords: wabi, eugenia kuyda, ai agent, funding round, mini apps, ivp, andreessen horowitz, technology, startups, valued, 25B, 55M
- Source: TechCrunch — https://techcrunch.com/2026/10/29/wabi-the-ai-agent-that-builds-mini-apps-now-valued-at-1-25b-after-latest-round
- Author: Sarah Perez
- Published: 2026-10-29T14:35:26+00:00
- Read time: 1 min
- Topics: wabi, eugenia kuyda, ai agent, funding round, mini apps, ivp, andreessen horowitz, technology, startups
## Wabi raises $55 million
Wabi, an AI agent startup founded by Eugenia Kuyda, has raised fifty five million dollars at a one point two five billion dollar valuation on Thursday.
## From app builder to messenger
Wabi originally let anyone build apps using prompts. Last month it pivoted to become an AI messenger that builds interfaces as your personal agent.
## Mini apps for everyday tasks
Wabi can build mini apps for meal planning, tracking local restaurants, planning date nights, creating fitness plans, and designing specialized trivia games.
## IVP leads the round
IVP led the funding round. Other participants included Andreessen Horowitz, Forerunner, and Amazon Alexa Fund, plus angel investors from major tech companies.
## High-profile backers join
Angel investors include Shopify CEO Tobi Lütke, Salesforce CEO Marc Benioff, former Yahoo head Marissa Mayer, former Twitter CEO Dick Costolo, and Alex Pall of The Chainsmokers.
## Kuyda's vision for AI
IVP partner Alex Lim said Kuyda has a unique sense for where AI is headed and a clear vision for how people will interact with AI beyond text boxes.

> She has a clear vision for how people will interact with AI, one that goes far beyond the text box or command line.
## Key takeaway

Wabi, founded by Eugenia Kuyda, raised fifty five million dollars at a one point two five billion dollar valuation after pivoting to become an AI messenger that builds mini apps.