# Adept AI Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/adept-ai-labs

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.adept.ai
- Total disclosed funding: $415M
- Latest round: Series B (Mar 14, 2023)
- Investors on record: 13

## About

Based in California, US, and founded in 2022 by David Luan (CEO), Niki Parmar (CTO), and Ashish Vaswani (CSO), Adept AI Labs, Inc. is an artificial intelligence-powered technology company that automates software processes for developers. In March 2023, Adept raised USD 350 million in series B funding co-led by new investors General Catalyst Partners and Spark Capital.

Adept is an ML (machine learning)-based research and product lab that enables people and computers to collaborate to discover new solutions and make more informed decisions. The firm’s product ACT-1 is a large-scale transformer that is trained to use digital tools such as Google Chrome and execute high-level user requests.

## Funding rounds

- Series B, Mar 14, 2023, $350M — Frontiers Capital, General Catalyst Partners, Greylock Partners, Spark Capital, NVIDIA Corporation, SV Angel, PSP Partners, M12, A Capital Partners, Workday Ventures, Addition, Atlassian Ventures
- Series A, Feb 22, 2022, $65M — Greylock Partners, Root Ventures, Addition

## Investors

- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Series A, Series B
- Root Ventures (https://capitalatlas.ai/funds/root-ventures) — Series A
- Addition (https://capitalatlas.ai/funds/addition) — Series A, Series B
- Frontiers Capital — Series B
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series B
- Spark Capital — Series B
- NVIDIA Corporation — Series B
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Series B
- PSP Partners (https://capitalatlas.ai/funds/psp-partners) — Series B
- M12 (https://capitalatlas.ai/funds/m12) — Series B
- A Capital Partners (https://capitalatlas.ai/funds/a-capital-partners) — Series B
- Workday Ventures (https://capitalatlas.ai/funds/workday-ventures) — Series B
- Atlassian Ventures (https://capitalatlas.ai/funds/atlassian-ventures) — Series B