Adept AI is a research and product AI lab that automates software processes for developers. It's similar to robotic process automation (RPA), or software robots that use a combination of automation, computer vision, and machine learning to automate repetitive tasks like filing forms and responding to emails. Adept is creating general intelligence by allowing humans and computers to collaborate creatively.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
03/15/2023 | Series B-1 | $2MM | $xx.xx | $1B | General Catalyst, Spark Capital, Addition, Greylock, Atlassian Ventures, Microsoft, Nvidia, Workday Ventures, Caterina Fake, Frontiers Capital, PSP Growth, SV Angel, A.Capital | |
Price per Share
$xx.xx
Shares Outstanding
366,159
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
General Catalyst, Spark Capital, Addition, Greylock, Atlassian Ventures, Microsoft, Nvidia, Workday Ventures, Caterina Fake, Frontiers Capital, PSP Growth, SV Angel, A.Capital
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03/15/2023 | Series B | $200MM | $xx.xx | $1B | General Catalyst, Spark Capital, Addition, Greylock, Atlassian Ventures, Microsoft, Nvidia, Workday Ventures, Caterina Fake, Frontiers Capital, PSP Growth, SV Angel, A.Capital | |
Price per Share
$xx.xx
Shares Outstanding
35,787,128
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
General Catalyst, Spark Capital, Addition, Greylock, Atlassian Ventures, Microsoft, Nvidia, Workday Ventures, Caterina Fake, Frontiers Capital, PSP Growth, SV Angel, A.Capital
|
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04/26/2022 | Series A-1 | $999,999 | $xx.xx | $182.68MM | Greylock, Addition, Root Ventures, Scott Belsky, Howie Liu, Chris Re, Andrej Karpathy, Sarah Meyohas | |
Price per Share
$xx.xx
Shares Outstanding
667,423
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Greylock, Addition, Root Ventures, Scott Belsky, Howie Liu, Chris Re, Andrej Karpathy, Sarah Meyohas
|
||||||
04/26/2022 | Series A | $62.88MM | $xx.xx | $182.68MM | Greylock, Addition, Root Ventures, Scott Belsky, Howie Liu, Chris Re, Andrej Karpathy, Sarah Meyohas | |
Price per Share
$xx.xx
Shares Outstanding
39,871,278
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Greylock, Addition, Root Ventures, Scott Belsky, Howie Liu, Chris Re, Andrej Karpathy, Sarah Meyohas
|