Announcing our $100 million Series A at a $740 million valuation to build the web for its second user: AIs. The round was co-led by Kleiner Perkins and Index Ventures, with participation from Spark Capital and support from existing investors Khosla Ventures, First Round Capital, and Terrain. Mamoon Hamid of Kleiner Perkins joins Vinod Khosla, Shardul Shah and Josh Kopelman on the board.
The web’s second user: AI
Two years ago, when we started the company, there weren’t any agents on the web. The prevailing view was that large language models would render the web obsolete. Why would agents need to search when every model had the entirety of the internet in its training data?
We believed the opposite: AIs would use the web far more than humans ever have.
Quality is everything
Today, we offer two types of products, all of which are best-in-class for quality and accuracy of outputs:
- Web Tools built as primitives for search, extraction, and retrieval for agents to use.
- Web Agents built for structured enrichment, deep research, and workflow automation.
Agents are our users. AI-native builders are our customers.
The most sophisticated builders choose us: Clay, Sourcegraph, Owner, Starbridge, Actively, Genpact, and leading Fortune 100 companies. They’ve tested alternatives and understand their agents’ needs. Whether it’s Claygent powering GTM workflows, Amp’s coding agent solving bugs, helping lawyers find precedent, Starbridge discovering government RFPs, or a Fortune 100 insurer underwriting claims. Our customers understand something fundamental: if your agent doesn’t have good, fresh, accurate data from the web, all else downstream doesn’t matter.
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