You.com, a Palo Alto, CA-based AI-powered search and productivity platform, has secured $50 million in Series B funding, bringing its total funding to $99 million.
Investors
The round was led by Georgian, with participation from Salesforce Ventures, NVIDIA, Gen Digital, SBVA (formerly Softbank Ventures Asia), DuckDuckGo, and Day One Ventures.
Georgian, based in Toronto, invests in high-growth B2B software companies and helps them scale faster. Founded in 2008, it focuses on Applied AI, Conversational AI, Trust, and Product-Led Purpose. With a team of investors, machine learning experts, and entrepreneurs, Georgian managed US$5.6 billion as of December 31, 2023.
You.com Use of Funds
The funding will fuel the development of its AI-powered "multiplayer" Team plan and custom AI agents for businesses.
About You.com
Founded by Richard Socher and Bryan McCann, You.com provides an AI-powered search and productivity platform that leverages advanced artificial intelligence to enhance user experiences. You.com integrates large language models (LLMs) into its search engine to deliver more accurate and comprehensive answers. It offers advanced AI agents for tasks such as research, problem-solving, and content creation. Its AI agents maximize the productivity of knowledge workers through fast and accurate research and analysis, complex problem-solving, content creation, and more. Since its launch in November 2021, You.com has handled over 1 billion queries.
Funding Details
Company: You.com
Raised: $50.0M
Round: Series B
Funding Date: September 2024
Lead Investor: Georgian
Additional Investors: Salesforce Ventures, NVIDIA, Gen Digital, SBVA, DuckDuckGo, Day One Ventures
Company Website: https://you.com/
Software Category: Search and Productivity
Source: https://www.businesswire.com/news/home/20240904777899/en/