Wabi has raised $55 million at a $1.25 billion valuation, adding investor backing as it changes how it presents its AI product. The startup, founded by Eugenia Kuyda, began with tools for building apps through prompts and now describes itself as a personal agent.
From app-building prompts to an AI messenger
Wabi’s first focus was letting people build apps by describing what they wanted. That approach put prompt-based creation at the center: users could ask for an app, rather than build one through a more traditional process.
Last month, the company announced a shift toward becoming an AI messenger. The latest version, called Wabi 2.0, brings the app-building idea into a broader role. Rather than simply generating apps on request, Wabi says it could create the interfaces people need to get tasks done as part of acting as a personal AI agent.
That change connects two ways of using AI: conversation and software creation. In the company’s vision, a person can turn a need into an interface designed for that task. The source does not detail exactly how users will request those interfaces or how the resulting mini apps will work, but it describes app creation as part of the agent’s job.
Mini apps aimed at everyday tasks
Wabi has suggested a range of possible uses, from meal planning and fitness plans to tracking local restaurants and planning date nights. It also mentions specialized trivia games. These examples show the company’s intended breadth: mini apps could support practical planning as well as entertainment.
Each example starts with a distinct need. A meal-planning interface, for instance, would organize a different task from a restaurant tracker or trivia game. Wabi’s pitch is that an AI agent could help produce those task-specific interfaces instead of asking people to rely on one fixed app for every purpose.
The examples are possibilities presented by the company, not evidence in the source that all of these features are already available. The product shift therefore represents a direction for Wabi: an AI messenger that can help assemble useful tools around what a person wants to do.
Investors back the new direction
IVP led the $55 million round. Other participants included Andreessen Horowitz (a16z), Forerunner, Amazon Alexa Fund, and angel investors including Shopify CEO Tobi Lütke, Salesforce CEO Marc Benioff, former Yahoo! head Marissa Mayer, former Twitter CEO Dick Costolo, and Alex Pall of The Chainsmokers.
IVP general partner Alex Lim described Kuyda as having a strong sense of where AI is headed and said Wabi reflects a vision for interaction that goes beyond a text box or command line. The statement frames the investment around the product’s ambition and its founder’s perspective on how people may use AI.
The funding arrives as interest in AI agents grows. The article points to viral AI agent Instinct, which raised another billion at a $10 billion valuation in September, and AI companion company Tolan, which raised $30 million. Those examples provide context for investor attention across different AI products, but Wabi’s own bet is centered on combining messaging with the creation of mini apps.
A broader vision still taking shape
Wabi’s move from prompt-built apps to a personal agent is a change in how the company describes its product. App building remains part of the idea, but it is now positioned as one capability within an AI messenger that could help users get things done.
The $1.25 billion valuation signals that investors are backing this direction. Whether the mini-app approach becomes a useful way for people to handle daily tasks will depend on how Wabi turns its examples and vision into a working product. For now, the company is presenting a future in which people can ask an AI agent for an interface suited to the task at hand.