Filed under Agent · 2024
Adept AI
2022 - 2024, 2 years old
An agent startup training large models to operate existing software and APIs on behalf of knowledge workers.
Adept raised four hundred million dollars to chase general-purpose computer-using agents, but it burned through capital faster than it could ship a defensible product, and the agent space got crowded fast. In June 2024 Amazon hired the founders and key staff and licensed the tech in a reverse acqui-hire, paying investors back rather than acquiring the company outright. The remaining Adept entity was left as a shell, and the FTC opened an inquiry into the structure of the deal.
- Founded
- 2022-01
- Shut down
- 2024-06-28
- Funding raised
- $415M
- Years alive
- 2
- Founders
- David Luan, Niki Parmar, Ashish Vaswani