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title: Wabi, the AI agent that builds mini apps, now valued at...
description: Wabi raised $55 million at a $1.25 billion valuation. Eugenia Kuyda, who previously founded Replika, originally focused Wabi on letting anyone create apps...
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og:description: Wabi raised $55 million at a $1.25 billion valuation. Eugenia Kuyda, who previously founded Replika, originally focused Wabi on letting anyone create apps...
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# Wabi, the AI agent that builds mini apps, now valued at $1.25B after latest round

**[TechCrunch](https://daily.dev/sources/tc)** · 2 min read · 1 upvotes · 0 comments

## Summary

Wabi raised $55 million at a $1.25 billion valuation. Eugenia Kuyda, who previously founded Replika, originally focused Wabi on letting anyone create apps using prompts. Last month the startup announced a pivot of sorts to become an AI messenger, and it suggests Wabi could be used to build mini apps for meal planning, fitness plans, date night ideas, and trivia games. IVP led the round, joined by Andreessen Horowitz, Forerunner, Amazon Alexa Fund, and angel investors including Tobi Lütke, Marc Benioff, Marissa Mayer, Dick Costolo, and Alex Pall. Investors' interest in AI agents is hot, with Instinct raising another billion at a $10 billion valuation in September and Tolan raising $30 million.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2026/10/29/wabi-the-ai-agent-that-builds-mini-apps-now-valued-at-1-25b-after-latest-round>

## Questions this post answers

### How much funding did Wabi raise and at what valuation?

Wabi raised $55 million at a $1.25 billion valuation, led by IVP with participation from Andreessen Horowitz, Forerunner, Amazon Alexa Fund, and angel investors including Shopify CEO Tobi Lütke, Salesforce CEO Marc Benioff, Marissa Mayer, Dick Costolo, and Alex Pall of The Chainsmokers.

_Investors tracking AI agent valuations compare rounds like this one on daily.dev._

### What does Wabi's AI agent actually do now that it has pivoted?

Wabi pivoted from a prompt-based app builder to an AI messenger, calling itself a personal AI agent. It can build mini apps for tasks like meal planning, tracking local restaurants, planning date nights, creating fitness plans, and designing trivia games, acting as an interface generator for everyday needs.

_Developers evaluating AI agent products for app generation follow pivots like this on daily.dev._

### Who founded Wabi and what was their previous company?

Wabi was founded by Eugenia Kuyda, who previously founded Replika, an AI companion startup. IVP general partner Alex Lim cited her 'track record of great taste' and vision for AI interaction beyond the text box or command line as reasons for leading the new funding round.

_Those following AI founder track records can keep tabs on moves like this via daily.dev._

## Similar posts on daily.dev

- [Replika founder raises $20M pre-seed for Wabi, the ‘YouTube of apps’](https://daily.dev/posts/replika-founder-raises-20m-pre-seed-for-wabi-the-youtube-of-apps--0ba2moagh) · TechCrunch · 1 upvotes · 0 comments
- [AI-powered app maker Wabi pivots to a messaging experience](https://daily.dev/posts/ai-powered-app-maker-wabi-pivots-to-a-messaging-experience-8yqugrvqb) · TechCrunch · 1 upvotes · 0 comments
- [Instinct raised $1B at $10B for an AI agent that rings restaurants on its own phone](https://daily.dev/posts/instinct-raised-1b-at-10b-for-an-ai-agent-that-rings-restaurants-on-its-own-phone-hhqbewdzn) · The Next Web · 0 upvotes · 0 comments

---

Tags: [#startup](https://daily.dev/tags/startup), [#ai-agents](https://daily.dev/tags/ai-agents)

[View this post on daily.dev](https://daily.dev/posts/wabi-the-ai-agent-that-builds-mini-apps-now-valued-at-1-25b-after-latest-round-gljda0rz4)

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