AI Startup Adapt Raises $10M for "AI Computer"
Adapt, a San Francisco-based AI startup, has raised $10 million in seed funding to build what it calls the "AI computer for business." The investment reflects continued venture capital interest in agentic AI and workflow automation platforms that can integrate with existing enterprise systems.
- The $10 million seed funding round was co-led by Activant Capital and Headline, with participation from Susa Ventures. - Co-founder and CEO Jim Benton previously led Chorus.ai to a $575M acquisition and was the CEO of Apollo.io. The founding team also includes CTO Sean Smith, a distributed systems expert, and Chairman John Andrew Entwistle, a 2019 Thiel Fellow. - Adapt's "AI computer" acts as a horizontal AI platform, connecting to a company's existing tools like HubSpot, Google Workspace, and Slack via APIs to centralize data and automate workflows. - The platform can automatically launch virtual machines to run tasks, pull data from various sources by generating SQL, and create custom code to analyze data and build visualizations. - Recently announced features include "Adapt Apps," which allows users to create persistent GUIs and dashboards from AI outputs, and "Proactive Automation" for tasks like detecting customer churn risk. - Instead of a per-user fee, Adapt uses a usage-based pricing model that covers the cost of routing queries to different AI models and the computation time for its virtual machines. - One reported use case from Joshua Browder, CEO of DoNotPay, claims a customer support task that previously took 45 minutes was reduced to one minute using Adapt.
