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Character.AI - Series A
Overview
About Character.AI - Series A
Character.AI today announced it has closed a $150 million Series A fundraising round at a $1 billion valuation led by Andreessen Horowitz (a16z) with participation from previous investors, including Nat Friedman (former GitHub CEO), Elad Gil, SV Angel and A Capital. Andreessen Horowitz General Partner Sarah Wang will join Character.AI’s board of directors. The funds raised allow Character.AI to continue its significant growth trajectory by expanding its compute abilities resulting in a more sophisticated model with advanced reasoning and greater accuracy, delivering new features and capabilities to users, and expanding its engineering team.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2009 | 137 | businessplans@a16z.com | ||
| Angel Investor | United States of America | -- | 5 | -- | ||
| Angel Investor | United States of America | -- | 19 | -- | ||
| Fund | United States of America | 2009 | 29 | -- | ||
| Corporate | United States of America | 2014 | 7 | -- |
Founders & Team
Noam Shazeer
Daniel De Freitas
Company Profile / Project Introduction
Founded in 2021 by artificial intelligence researchers and former Google engineers Noam Shazeer and Daniel De Freitas, Character.AI is a conversational artificial intelligence platform that uses large language models, deep learning algorithms that can recognize, summarize, translate, predict, and generate text and other content, to provide individuals with a personalized artificial intelligence experience. The platform lets anyone create and engage with Characters, allowing users to build their own, personalized use cases and share them with others.