You.com Raises $50M in Series B Funding to Expand AI Productivity Engine

Company Name: You.com
Location: Palo Alto, CA
Sector: AI, Productivity, Search Engines
Funding Details: Raised $50 million in Series B funding, led by Georgian with participation from Gen Digital, Salesforce Ventures, NVIDIA, SBVA (formerly Softbank Ventures Asia), DuckDuckGo, and Day One Ventures, bringing total funding to $99 million.

Purpose of Investment: The company plans to use the funds to expand its operations and further develop its AI-powered productivity engine.

Product and Innovation: Founded by Richard Socher and Bryan McCann, You.com is a collaborative AI provider focused on enhancing productivity for knowledge workers. It develops AI Agents that assist with research, problem-solving, and content creation. The platform allows users to create custom AI agents tailored to specific tasks, leveraging AI models from major providers such as OpenAI, Anthropic, Meta, and Google.

• Research Agent: Conducts multiple searches from a single prompt, analyzes sources, and generates comprehensive reports with citations.
• Genius Agent: Solves complex problems using Python code and chain-of-thought reasoning based on natural language input.
• Custom Agent: Enables users to create agents for any task, aligning with brand guidelines and streamlining workflows. Custom agents can be shared among colleagues for consistency.

The platform has already handled over 1 billion queries since its launch in November 2021, serving millions of users across hedge funds, tech companies, and publicly traded firms. You.com’s ARR has grown by 500% since January 2024.

About the Company: You.com provides an AI-powered productivity engine designed to optimize the daily tasks of knowledge workers, including research, analysis, problem-solving, and content creation. Its platform combines proprietary AI agents with customizable tools, giving businesses and individuals the ability to automate and enhance their workflows.