# Writer

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.writer.com
- Total disclosed funding: $301M
- Latest round: Series C (Nov 6, 2024)
- Investors on record: 21

## About

Founded in 2020 in San Francisco, US, Writer, Inc. focuses on providing an artificial intelligence platform that facilitates collaboration between IT and business functions. The company was co-founded by May Habib (CEO) and Waseem Alshikh. In November 2024, Writer, Inc. raised USD 200 million in series C funding co-led by Premji Invest and Radical Ventures, including ICONIC Capital, Salesforce Ventures, Adobe Ventures, B Capital Group, Citi Ventures, Workday Ventures, IBM Ventures, Accenture, Balderton Capital, Insight Partners, and Vanguard Ventures. The series C funding values Writer, Inc. at USD 1,679.44 million post-money.

Writer offers a comprehensive end-to-end AI platform designed to bridge the gap between IT and business functions. The platform includes collaborative tools for creating, activating, and supervising AI agents, with advanced capabilities such as large language models (LLMs) and retrieval-augmented generation (RAG). The solutions enhance productivity across sectors like financial services, healthcare, retail, and technology, featuring over 100 pre-built AI agents that cater to various use cases, ensuring quick implementation and high user engagement. Writer serves clients in North America, Europe, and Asia-Pacific, including companies like IBM and Salesforce.

Revenue generation for Writer is primarily based on a subscription model, where clients access the platform’s suite of tools and services through tiered pricing plans. These plans accommodate enterprises of all sizes, with clients engaging in annual or monthly subscriptions that include features such as AI Studio, Knowledge Graph, and AI Academy training programs. Writer also develops strategic partnerships to enhance its market presence and expand its client base, supporting a steady income stream while assisting users in optimizing generative AI capabilities.

The company plans to utilize the November 2024 funding to expand its enterprise-focused generative AI platform and accelerate product development efforts. Upcoming new products are anticipated to launch in 2025, with targeted market expansions into Europe and Asia expected by the end of 2026.

## Funding rounds

- Series C, Nov 6, 2024, $200M — Vanguard Ventures, Insight Partners, IBM Ventures, Balderton Capital, Premji Invest, Adobe Ventures, ICONIQ Capital, Citi Ventures, Accenture Technology Ventures, Salesforce Ventures, Workday Ventures, Radical Ventures, B Capital
- Series B, Aug 16, 2023, $75M — Vanguard Ventures, Insight Partners, Balderton Capital, ICONIQ Capital, Accenture Technology Ventures, Aspect Ventures, WndrCo
- Series A, Nov 15, 2021, $21M — Insight Partners, Gradient Ventures, The Todd & Rahul Angel Fund
- Seed, Oct 2, 2020, $5M — Upfront, Aspect Ventures, Broadway Angels, Bonfire Ventures, ValueStream Ventures

## Investors

- Upfront (https://capitalatlas.ai/funds/upfront) — Seed
- Aspect Ventures (https://capitalatlas.ai/funds/aspect-ventures) — Seed, Series B
- Broadway Angels (https://capitalatlas.ai/funds/broadway-angels) — Seed
- Bonfire Ventures (https://capitalatlas.ai/funds/bonfire-ventures) — Seed
- ValueStream Ventures (https://capitalatlas.ai/funds/valuestream-ventures) — Seed
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series A, Series B, Series C
- Gradient Ventures (https://capitalatlas.ai/funds/gradient-ventures) — Series A
- The Todd & Rahul Angel Fund (https://capitalatlas.ai/funds/the-todd-rahul-angel-fund) — Series A
- Vanguard Ventures (https://capitalatlas.ai/funds/vanguard-ventures) — Series B, Series C
- Balderton Capital (https://capitalatlas.ai/funds/balderton-capital) — Series B, Series C
- ICONIQ Capital (https://capitalatlas.ai/funds/iconiq-capital) — Series B, Series C
- Accenture Technology Ventures (https://capitalatlas.ai/funds/accenture-technology-ventures) — Series B, Series C
- WndrCo (https://capitalatlas.ai/funds/wndrco) — Series B
- IBM Ventures (https://capitalatlas.ai/funds/ibm-ventures) — Series C
- Premji Invest — Series C
- Adobe Ventures (https://capitalatlas.ai/funds/adobe-ventures) — Series C
- Citi Ventures (https://capitalatlas.ai/funds/citi-ventures) — Series C
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series C
- Workday Ventures (https://capitalatlas.ai/funds/workday-ventures) — Series C
- Radical Ventures (https://capitalatlas.ai/funds/radical-ventures) — Series C
- B Capital (https://capitalatlas.ai/funds/b-capital) — Series C
