CrewAI announces Series A funding, new enterprise offering, and 10 million+ agents automating complex workflows using any LLM and cloud platform SAN F

CrewAI Launches Multi-Agentic Platform to Deliver on the Promise of Generative AI for Enterprise

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2024-10-22 21:30:08

CrewAI announces Series A funding, new enterprise offering, and 10 million+ agents automating complex workflows using any LLM and cloud platform

SAN FRANCISCO and SÃO PAULO, Oct. 22, 2024 (GLOBE NEWSWIRE) -- CrewAI, a leading multi-agent platform, today announced $18 million in total funding that included an inception round led by boldstart ventures and a Series A led by global software investor Insight Partners. Additional investors include Blitzscaling Ventures, Craft Ventures, Earl Grey Capital, and several top angels in AI including Andrew Ng, a globally recognized voice in AI, and Dharmesh Shah, co-founder and CTO of HubSpot.

CrewAI’s open-source offering executes 10 million+ agents per month and is already used by nearly half of the Fortune 500. Building on the success of its open-source framework and in response to user demand, the company also launched CrewAI Enterprise, making it easier than ever for large organizations to quickly build, monitor, and iterate on complex AI agents with high-quality results. The company signed its first 150 beta enterprise customers in less than six months.

More than 65% of companies are now using generative AI but almost all of them still express significant concerns about results accuracy and data security. These challenges are holding back the full potential of large language models (LLMs) for the enterprise. This is especially true for the automation of complex tasks in areas like marketing, accounting, and finance. Companies have not been able to use robotic process automation (RPA) for these use cases due to its rigid, deterministic approach, high implementation costs, brittleness, and inability to self-heal.