Generalist AI Raises $400M in Funding at $2 Billion Valuation

The round also saw participation from 8VC, Union Square Ventures, Hanabi Capital, Nvidia’s NVentures, and Bezos Expeditions.

The company plans to use the funding to expand its AI research infrastructure, grow its robotics testing facilities, and speed up the development of advanced control systems for industrial and household robots.

Guardian continues to expand its ability to serve government and commercial customers by increasing its geographic reach, operational capacity, and network of trusted local service providers. The company combines local expertise with the resources of a larger national organization.

At the same time, Guardian maintains a local first approach across its network. Affiliated companies continue to operate independently, keeping their existing teams, culture and established brand names and identities.

Headquartered in West Palm Beach, Guardian is a leading provider of commercial towing, recovery, and specialized transportation services in the United States. The company was formed through the merger of two established businesses and has become a major consolidator in the highly fragmented towing and recovery industry.

In 2023, Backcast Partners provided senior secured debt, and preferred equity financing to support an investment in Guardian by Chartwell Investments, Entrepreneur & Founder Capital (CHIEF Capital), helping the company continue its growth and expansion strategy.

Michael Shein, CHIEF Capital's Managing Partner, said, "Backcast has been a thoughtful and value-added partner to Guardian as we continue executing on our long-term growth strategy. Their flexible capital approach and continued support have helped position Guardian to grow in key markets, while also maintaining the local operating culture and reputation that have been critical to Guardian's success."

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Ed Cerny, Managing Partner at Backcast, added, "Guardian's best-in-class management team is highly regarded across their industry, and they continue to distinguish themselves as they execute on the Company's growth strategy in key, targeted regions that they identified years ago, while consistently achieving synergies with existing businesses. We look forward to continuing to support them and CHIEF Capital as they continue to execute this strategy."

About Generalist AI

Founded in 2024 by Pete Florence, Andy Zeng and Andrew Barry, Generalist AI is developing AI powered robotics technology aimed at bringing general intelligence to real-world physical environments. The founding team includes former engineers from OpenAI, Google DeepMind and Boston Dynamics, combining expertise in both advanced AI, and robotics.

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