Wabi, AI agent startup founded by Replika creator Eugenia Kuyda, raises $55 million at $1.25 billion valuation

Wabi, an AI agent startup founded by Eugenia Kuyda, raised $55 million in a Series round valuing the company at $1.25 billion. The company pivoted from app-building to becoming a personal AI agent, with investors betting on its ability to build mini apps for tasks like meal planning and fitness tracking. The round was led by IVP and included Andreessen Horowitz, Amazon Alexa Fund, and notable angel investors.