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      AI21 Labs's Logo

      AI21 Labs - Extended Series C

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      November 21, 2023

      Financing amount

      $53.5M

      Valuation

      --

      Category

      Others

      Subcategory

      AI Tooling

      About AI21 Labs - Extended Series C

      AI21 Labs has closed a $53.5 million extension to its previously announced Series C funding round. The new tranche, which had participation from new investors Intel Capital and Comcast Ventures, bringing the total amount of this round to $208 million! 

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      Corporate United States of America 1991 5 [email protected]
      Fund United States of America 1999 2 [email protected]

      Founders & Team

      Ori Goshen's Logo

      Ori Goshen

      Yoav Shoham's Logo

      Yoav Shoham

      Amnon Shashua's Logo

      Amnon Shashua

      Company Profile / Project Introduction

      A Tel Aviv-based startup creating a range of text-generating AI tools, AI21 Labs was founded in 2017 by Mobileye co-founder Amnon Shashua, Goshen and Yoav Shoham, the startup's other co-CEO. AI21's flagship product is AI21 Studio, a pay-as-you-go developer platform for building custom text-based business apps off of AI21's proprietary text-generating AI models. The startup also sells access to Wordtune, a multilingual reading and writing AI assistant akin to Grammarly.

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      *Fundraising Announcement: Click here