Tavily Raises $20M Series A to Revolutionize AI Agents with Unified Search Layer
The artificial intelligence company
Tavily, which has developed a search layer for AI agents, has raised $20 million in a Series A round led by Insight Partners and Alpha Wave Global. Alpha Wave, known for investing in high-profile tech firms like Elon Musk’s SpaceX and X, Monzo, and HiBob, also led Taviy’s previous funding round. The company’s total funding now stands at $25 million.
Tavily’s platform enables AI agents to navigate live web data through a single search layer. Since its launch, it has seen a meteoric rise to over a million monthly downloads. The company is already serving leading Fortune 500 companies and fast-growing tech firms such as Cohere and Groq.
Tavily was founded by Rotem Weiss (CEO), Assaf Elovic, and Yuval Rozio (Managing Director at Alpha Wave Global, which incubated the company 12 months ago).
“We extract information in real time and feed it into AI agents,” said Weiss in an interview with Calcalist. “These agents receive tools that allow them to pull high-quality, prioritized information. We work with various model providers such as Grok. Companies today are seeking a unified search layer that allows them to query multiple models. Over 700,000 people are using our agents. If each company tried to build its own search system, it would be overly complex. We were born into the world of agents, unlike traditional search companies. Ours isn’t just structured data retrieval, but dynamic, intelligent extraction.”
The company employs around 30 people across New York, Tel Aviv, and Abu Dhabi, and plans to double its workforce by the end of the year.
“We began with an open-source agent, which evolved into today’s product,” Weiss added. “We recently established an office in Abu Dhabi through Alpha Wave. We expect around 15 employees there. The rest will be split between Tel Aviv and New York. We’re graduates of Columbia University, and our Israeli branch was launched within a few months. About half of our employees are based in Israel, and the other half in New York.”
Source: Calcalist Tech
Frequently Asked Questions (FAQ)
About Tavily and its Platform
Q: What does Tavily do?
A: Tavily has developed a unified search layer for AI agents, enabling them to access and process live web data.
Q: How much funding did Tavily raise in its Series A?
A: Tavily raised $20 million in its Series A funding round.
Q: Who led Tavily's Series A funding round?
A: The round was led by Insight Partners and Alpha Wave Global.
Q: What is the total funding Tavily has secured?
A: With the Series A round, Tavily's total funding now stands at $25 million.
Q: How many downloads has Tavily's platform seen?
A: Since its launch, the platform has achieved over a million monthly downloads.
Q: Which types of companies are using Tavily's platform?
A: Tavily serves leading Fortune 500 companies and fast-growing tech firms like Cohere and Groq.
Q: Who founded Tavily?
A: Tavily was founded by Rotem Weiss (CEO), Assaf Elovic, and Yuval Rozio.
Technology and Functionality
Q: How does Tavily's search layer work?
A: It allows AI agents to navigate live web data through a single, unified search layer, providing them with high-quality, prioritized information.
Q: What is the benefit of a unified search layer for AI agents?
A: It simplifies the process for companies seeking to query multiple AI models, avoiding the complexity of building individual search systems.
Q: How does Tavily differ from traditional search companies?
A: Tavily was built with AI agents in mind from the start, focusing on dynamic, intelligent data extraction rather than just structured data retrieval.
Company Growth and Operations
Q: How many employees does Tavily have?
A: Tavily currently employs around 30 people.
Q: Where are Tavily's offices located?
A: Tavily has offices in New York, Tel Aviv, and Abu Dhabi.
Q: What are Tavily's future hiring plans?
A: The company plans to double its workforce by the end of the year.
Crypto Market AI's Take
The advancement of AI agents is a significant trend, and Tavily's focus on providing a unified search layer addresses a critical need for these agents to interact with real-time information. This development aligns with the broader push towards more sophisticated and capable AI systems across various industries, including finance. For those interested in how AI is reshaping the financial landscape, understanding the capabilities of AI agents is crucial. Our platform explores various applications of AI in finance, including how
AI agents are being used to analyze the crypto market and identify potential investment opportunities. This type of infrastructure is vital for the continued innovation in decentralized finance and artificial intelligence.
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