# AutogenAI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/autogenai

- Industry: Software
- Headquarters: London, UK
- Website: www.autogenai.com
- Total disclosed funding: $40M
- Latest round: Series B (Dec 6, 2023)
- Investors on record: 3

## About

Founded in 2022 and based in London, UK, AutogenAI Ltd. operates as a provider of a solution for language model technology using artificial intelligence. The company was founded by its CEO, Sean Williams. In July 2023, AutogenAI Ltd. raised EUR 20.8 million in venture funding from Blossom Capital.

The company provides a tool based on generative AI that is designed for bids, tenders, and proposals. Genny-1 has been trained and optimized to create customized content that reflects the voice of the organization while also reflecting culture and corporate expertise. The language engine supercharges businesses by reducing drafting time by 70%, bid writing costs by 50%, a 30% increase in win rates, and a 70% surge in ROI. In addition, the firm offers full training and lifetime support, ensuring immediate and tangible results for its clients. AutogenAI aids in communication, orientation, training, and continuous development, as well as tracking and reporting on implementation, usage, and results.

The organization plans to use the July 2023 funding to support the expansion of its platform and manpower.

## Funding rounds

- Series B, Dec 6, 2023, $40M — Spark Capital, Salesforce Ventures, Blossom

## Investors

- Spark Capital — Series B
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series B
- Blossom (https://capitalatlas.ai/funds/blossom) — Series B