Adapt Raises $10M for Enterprise AI
Adapt, a startup building an "AI computer for business," has raised a $10M seed round. The funding validates the growing enterprise interest in AI-powered assistants and pair-programming tools. The investment comes as the open-source AI agent movement also gains momentum, signaling a wider industry race to make personal coding agents more accessible.
- The $10M seed round for Adapt was co-led by Activant Capital and Headline, with participation from Susa Ventures. - Adapt was founded by experienced entrepreneurs Jim Benton (ClearSlide, Apollo, Chorus), Sean Smith (GlareDB), and John Andrew Entwistle (Wander, Coder). - The company's goal is to create a horizontal AI platform that allows any employee in a company to work with AI agents that are integrated with the company's own data and systems. - In conjunction with the funding, Adapt has launched two new features: "Adapt Apps," which turn AI outputs into graphical user interfaces, and "Proactive Automation." - A case study from DoNotPay, a customer of Adapt, claims that a task that previously took a customer support agent 45 minutes can now be completed in just one minute using Adapt's technology. - The market for enterprise AI assistants is projected to grow substantially, with one forecast predicting an increase from $46.5 billion by 2032. - The open-source AI agent movement is also gaining traction with frameworks like Auto-GPT, AgentGPT, and CrewAI, which allow for the creation of autonomous AI agents. - Adapt's platform integrates with common business software such as HubSpot, Google Workspace, and Slack, allowing it to work within existing company workflows.
