Writer has successfully raised $200 million in a Series C funding round, boosting its valuation to $1.9 billion. The funding round was co-led by Premji Invest, Radical Ventures and ICONIQ Growth.
Writer is a full-stack generative AI platform offering a comprehensive solution for deploying AI applications to tackle various business applications. It leverages its proprietary large language models, retrieval-augmented generation and customizable AI guardrails to help companies like Accenture, Intuit and Uber increase productivity.
The capital raised will help Writer further its position within the enterprise generative AI sector, enabling it to develop agentic AI solutions. These autonomous solutions aim to improve the efficiency of AI in planning and executing complex workflows across different systems and teams. The funding will also facilitate the expansion of AI applications and agents specifically designed for workflows in healthcare, retail and financial services.
