Agentic AI Startup Adopt AI Secures $6 Million in Elevation Capital-Led Funding Round!

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The Rise of Agentic AI: Adopt AI’s Innovations

As technology continues to evolve, the next significant trend in artificial intelligence (AI) is the rise of agentic AI, following the hype surrounding Generative AI (GenAI). Silicon Valley-based company Adopt AI is leading the charge in this burgeoning field.

Streamlining Integration with Intelligent Agents

Adopt AI’s platform enables businesses to integrate intelligent agent capabilities into their applications rapidly, a process that typically would require months of development in-house.

A Strong Beginning with Seed Funding

Founded by Deepak Anchala, Rahul Bhattacharya, and Anirudh Badam, Adopt AI has recently emerged from stealth mode, announcing a successful seed funding round of $6 million. The funding was led by Elevation Capital, with additional contributions from Foster Ventures, Powerhouse Ventures, Darkmode Ventures, and various angel investors.

Strategic Growth in Key Areas

Headquartered in both San Francisco and Bengaluru, Adopt AI plans to use its newfound funding to bolster its AI and engineering teams, enhance its technology, and implement an effective go-to-market strategy.

The Future of Applications

According to Anchala, “In the agentic AI world, applications are coming closer to humans with natural language.” He warns that current applications risk obsolescence in comparison to agentic AI companies unless they adapt.

Agent Builder: A No-Code Solution

One of the flagship offerings from Adopt AI is Agent Builder, a no-code platform that allows companies to build, launch, and monitor the agent experience within their applications instantaneously. This tool learns automatically and generates actions, vastly simplifying the development process.

Building Agentic Layers: A Competitive Challenge

While companies have the capability to create these agentic layers independently, the task often demands over six months of engineering expertise and significant financial investment. Adopt AI primarily targets software-as-a-service (SaaS) companies and business-to-customer (B2C) firms in sectors like banking and healthcare, where workflows are complex.

Investments from Big Tech

Adopt AI is not operating in isolation; major tech players such as Meta, Anthropic, and Microsoft are also investing in agentic AI technologies. However, Anchala observes that these larger entities seem more focused on broad scalability rather than diving into specialized applications.

The Next Evolution of AI

Anchala predicts that the future evolution of agentic AI will see applications—like Apple’s Siri—interacting directly with other applications to accomplish tasks for users. As this technology develops, it will become essential for most apps to ‘agentify’ themselves to remain relevant.

A Growing Team at Adopt AI

The Adopt team currently consists of 16 members, including five in the US and 11 in Bengaluru. The team in India is made up of full-stack engineers, product managers, and designers, while the US team is focused on AI engineering.

A Promising Future for Agentic AI

The advancements brought by Adopt AI signal a transformative shift in how applications will function in the future, pushing towards a more interactive and user-friendly experience.

Conclusion

As agentic AI gains traction, companies like Adopt AI are at the forefront, offering solutions that meet the evolving demands of modern applications. The combination of strategic funding, innovative tools like Agent Builder, and a competent team positions Adopt AI as a key player in shaping the future of human-computer interaction.

Questions & Answers

  1. What is agentic AI?

    Agentic AI refers to applications that can interact more naturally with users, including understanding and processing natural language, and performing tasks autonomously.

  2. Who founded Adopt AI?

    Adopt AI was founded by Deepak Anchala, Rahul Bhattacharya, and Anirudh Badam.

  3. What is Agent Builder?

    Agent Builder is a no-code platform that allows businesses to quickly build, launch, and monitor intelligent agent capabilities within their applications.

  4. Who are some of Adopt AI’s investors?

    Some of the investors include Elevation Capital, Foster Ventures, Powerhouse Ventures, and Darkmode Ventures.

  5. What sectors is Adopt AI targeting with its solutions?

    Adopt AI primarily targets SaaS companies and B2C firms in complex sectors such as banking and healthcare.

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Leah Sirama
Leah Siramahttps://ainewsera.com/
Leah Sirama, a lifelong enthusiast of Artificial Intelligence, has been exploring technology and the digital world since childhood. Known for his creative thinking, he's dedicated to improving AI experiences for everyone, earning respect in the field. His passion, curiosity, and creativity continue to drive progress in AI.