Wabi Raises $55M at $1.25B Valuation — SkimNews
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- Wabi raised $55 million at a $1.25 billion valuation.
- Wabi will use the new capital to build out its AI-assistant software.
- Wabi's assistant integrates into group chats.
- Wabi's assistant can take actions such as booking appointments.
Why it matters: Wabi receives $55 million to build out software that both joins group chats and performs actions such as booking appointments. The material change is the combination of conversation integration and task execution, giving Wabi a clearly defined product scope at a $1.25 billion valuation.
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