What is Adept?
Adept is a privately held machine learning research and product company based in San Francisco, California. The company specializes in enterprise AI agent technology, designed to automate manual and repetitive software workflows within the tools organizations utilize daily. Adept's proprietary multimodal models are trained on extensive datasets of web user interfaces and real software usage, enabling its AI agents to navigate applications, extract information from documents, and execute complex, end-to-end enterprise workflows through natural language instructions. Key functionalities include web UI localization, document understanding, and multi-step workflow planning and execution. The company has previously raised over $414 million in total funding.
How much funding has Adept raised?
Adept has raised a total of $415M across 2 funding rounds:
Unspecified
$65M
Series B
$350M
Unspecified (2022): $65M with participation from Root Ventures, Addition, and Greylock Partners
Series B (2023): $350M led by Spark Capital and General Catalyst
Key Investors in Adept
General Catalyst
General Catalyst is a venture capital firm focused on identifying and supporting transformational business opportunities across multiple sectors and stages. They deploy capital strategically to back entrepreneurs pursuing ambitious visions that reshape industries, leveraging deep sector expertise and operational experience to accelerate growth.
Spark Capital
Spark Capital invests in products created by admired creators, across all sectors and stages. They are known for backing market-defining businesses and work out of San Francisco, Boston, and New York City, aiming to help founders win their own way.
Root Ventures
Root Ventures is a seed-stage venture capital firm based in San Francisco, specializing in deep tech investments. They focus on supporting founders at the earliest stages of their ventures, particularly engineers, and are known for fostering innovation.
What's next for Adept?
Following its recent major strategic investment and the significant total capital raised, Adept is poised to accelerate its development and deployment of agentic AI solutions for enterprise partners. The company's focus on proprietary multimodal models trained on specific web UI and software usage data positions it to deliver advanced automation capabilities. While a portion of its team joined Amazon's AGI organization, the remaining entity is dedicated to refining and delivering its AI agent technology to businesses seeking to enhance operational efficiency and automate complex workflows. This strategic financing will likely fuel further innovation in AI agent capabilities and market expansion.
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