Adept AI
Enterprise Software
Founded: 2022
Last Round Valuation: $987.95MM
Adept AI is an AI research and product lab specializing in automating software processes for developers. It operates on a similar premise to robotic process automation (RPA), where software robots leverage automation, computer vision, and machine learning to streamline repetitive tasks such as form filing and email responses. Adept AI takes automation a step further by fostering a collaborative environment between humans and computers, working towards the development of general intelligence that enables creative collaboration between both entities.
Adept AI Overview:
Adept AI is an innovative research and product lab that focuses on harnessing the power of artificial intelligence (AI) to automate software processes for developers. The company's core mission revolves around creating efficient and intelligent systems that streamline repetitive tasks and enhance productivity.
At its core, Adept AI operates in a similar realm as robotic process automation (RPA). RPA involves the use of software robots to automate routine and rule-based tasks, such as data entry, form filling, and email responses. However, Adept AI takes this concept further by incorporating advanced technologies like automation, computer vision, and machine learning into its solutions.
By leveraging automation, Adept AI aims to eliminate manual intervention in time-consuming and monotonous tasks. This allows developers and professionals to focus on higher-value activities that require human expertise and creativity. The automation capabilities provided by Adept AI's solutions not only increase efficiency but also reduce the risk of errors and improve overall accuracy.
One of the key aspects of Adept AI's approach is its utilization of computer vision technology. By incorporating computer vision into its systems, Adept AI enables machines to perceive and understand visual information, much like humans do. This empowers the software to analyze and process visual data, making it capable of performing tasks that traditionally relied solely on human vision.
Machine learning plays a crucial role in Adept AI's solutions as well. By leveraging advanced algorithms and models, Adept AI enables its systems to learn and adapt from data. This allows the software to improve over time, becoming more accurate and efficient in automating processes. Machine learning also enables Adept AI's systems to handle complex and dynamic tasks by learning from historical patterns and making intelligent predictions.
Beyond the technical aspects, Adept AI is focused on creating a collaborative environment between humans and computers. Instead of replacing human workers, Adept AI seeks to augment their capabilities by automating repetitive tasks. This approach allows humans to allocate their time and energy towards more creative and strategic endeavors, while machines handle mundane and repetitive work. By blending human creativity and ingenuity with the computational power of AI, Adept AI aims to unlock new levels of productivity and innovation.
Overall, Adept AI is at the forefront of AI-driven automation in the software development domain. With its focus on automating repetitive tasks, integrating computer vision and machine learning, and fostering collaboration between humans and machines, Adept AI is paving the way for increased productivity, efficiency, and creativity in the software development process.
Founders:
Niki Parmar
Ashish Vaswani
David Luan
Top Investors:
General Catalyst
Spark Capital
Addition
Greylock
Root Ventures
Funding History:
Date | Share Type | Amount Raised | Raised to Date | Issue Price | Post Money Valuation | Key Investors |
---|---|---|---|---|---|---|
Mar 2023 | Series B-1 | $2MM | $65.88MM | $5.46 | $987.95MM | General Catalyst, Spark Capital, Addition |
Mar 2023 | Series B | $200MM | $263.88MM | $5.59 | $987.95MM | General Catalyst, Spark Capital, Addition |
Apr 2022 | Series A-1 | $1,000K | $1,000K | $1.50 | $182.68MM | Greylock, Addition, Root Ventures |
Apr 2022 | Series A | $62.88MM | $62.88MM | $1.58 | $182.68MM | Greylock, Addition, Root Ventures |
In the News:
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