SAN FRANCISCO–(BUSINESS WIRE)–Writer, a pioneering full-stack generative AI platform for enterprise applications, has announced a successful $200 million Series C funding round, elevating its valuation to $1.9 billion. Co-led by Premji Invest and Radical Ventures, with significant support from existing investor ICONIQ Growth, the funding round also saw participation from Salesforce Ventures, Adobe Ventures, B Capital, Citi Ventures, IBM Ventures, and Workday Ventures. Previous investors Accenture, Balderton, Insight Partners, and Vanguard also joined, underscoring their continued commitment to Writer’s mission.
The investment will accelerate Writer’s development of advanced AI solutions tailored for large enterprises, enabling the company to strengthen its leadership in the enterprise generative AI category. With a rapidly expanding roster of Fortune 500 customers, including Mars, Ally Bank, Franklin Templeton, and Uber, Writer aims to transform workflows across various industries such as healthcare, retail, and financial services.
Writer Co-founder and CEO May Habib expressed the company’s ambitious vision, saying, “At Writer, we’re not just creating LLMs to execute tasks; we’re developing advanced AI systems capable of delivering mission-critical enterprise work. With this new funding, we’re laser-focused on building the next generation of autonomous, enterprise-grade AI solutions that are secure, reliable, and adaptable.”
Investor Confidence in Writer’s Vision
Sandesh Patnam, Managing Partner at Premji Invest, emphasized the firm’s belief in Writer’s transformative potential: “Premji Invest doesn’t just back companies ready for the public stage; we invest in trailblazers poised to reshape industries. Writer is not just leading enterprise generative AI but pioneering powerful, reliable, and safe AI systems that yield impressive results.”
Radical Ventures’ Partner Rob Toews added, “Writer’s exceptional growth and unique full-stack platform are revolutionizing how enterprises leverage AI. We’re thrilled to partner with the team as they redefine the future of work.”
Fortune 500 Adoption and 9x ROI for Customers
Writer’s platform, which includes its top-benchmarked Palmyra LLMs, customizable AI guardrails, and development tools, has delivered significant productivity and ROI for its clients. Notable customers, including Salesforce, Qualcomm, and Prudential, report a 9x return on investment, saving millions of hours annually through streamlined workflows.
Doug Pepper, General Partner at ICONIQ Growth, praised Writer’s co-founders May Habib and Waseem AlShikh: “Writer’s full-stack approach places them at the forefront of enterprise AI innovation, and we’re proud to support their journey.”
Industry Recognition and Product Expansion
Recognized as a leader in generative AI and knowledge management by top analysts, Writer recently introduced Palmyra X 004, its newest LLM, known for high accuracy in executing complex actions and workflows. Writer’s proprietary solutions cater to global financial institutions with rigorous compliance, security, and ethical standards, making it a strong fit for sectors with strict operational requirements.
Patrick Stokes, EVP at Salesforce, and Arvind Purushotham, Head of Citi Ventures, both expressed excitement about Writer’s potential to redefine enterprise-grade AI with highly secure and effective tools for financial and other industries.
For more information on Writer’s enterprise AI innovations or to explore career opportunities, visit writer.com.
About Writer
Founded in 2020, Writer is a full-stack generative AI platform designed to deliver transformative results for enterprises. With headquarters in San Francisco and offices in New York City and London, Writer’s solution suite supports mission-critical workflows for leading global companies. Backed by a consortium of top investors, Writer is at the forefront of enterprise AI, trusted by Accenture, Intuit, L’Oreal, and more. Learn more at writer.com.
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