Writer AI Secures $200M, Hits $1.9B Valuation for Enterprise Expansion
Generative AI startup Writer has raised $200 million in a Series C funding round, valuing the company at $1.9 billion. The funding, co-led by Premji Invest, Radical Ventures, and ICONIQ Growth, will be used to enhance Writer's enterprise-focused AI platform. Writer, founded in 2020, has developed a full-stack generative AI platform with customizable products for various enterprise applications. The company has launched its own AI models, including Palmyra X 004, and focuses on AI agents and no-code development tools. Writer's client list includes major companies like Salesforce and Uber.