Tavily raises $20M Series A to build the Google of AI agents
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 Tavily’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 says it 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.”
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Source: Calcalist Tech
Frequently Asked Questions (FAQ)
About Tavily and its Funding
Q: What is Tavily and what does it do?
A: Tavily is an artificial intelligence company that has developed a search layer for AI agents, enabling them to navigate live web data through a single search interface.
Q: How much funding did Tavily raise in its Series A round?
A: Tavily raised $20 million in its Series A funding round.
Q: Who led Tavily's Series A funding round?
A: Insight Partners and Alpha Wave Global led the Series A funding round.
Q: What is Tavily's total funding to date?
A: With the Series A round, Tavily's total funding now stands at $25 million.
Q: Which other companies has Alpha Wave Global invested in?
A: Alpha Wave Global has invested in high-profile tech firms such as SpaceX, X, Monzo, and HiBob.
Tavily's Platform and Growth
Q: What problem does Tavily's platform solve?
A: Tavily's platform provides a unified search layer for AI agents, allowing them to efficiently query multiple models and access high-quality, prioritized information from live web data.
Q: How popular is Tavily's platform?
A: Tavily's platform has seen over a million monthly downloads since its launch.
Q: Which types of companies are using Tavily's platform?
A: Tavily is serving leading Fortune 500 companies and fast-growing tech firms, including Cohere and Groq.
Q: What is Tavily's approach to data retrieval for AI agents?
A: Tavily focuses on real-time, dynamic, and intelligent extraction of information, distinguishing itself from traditional structured data retrieval methods.
Company Information
Q: Who founded Tavily?
A: Tavily was founded by Rotem Weiss (CEO), Assaf Elovic, and Yuval Rozio.
Q: How many employees does Tavily have, and where are they located?
A: Tavily employs around 30 people across New York, Tel Aviv, and Abu Dhabi, with plans to double its workforce.
Q: What is Tavily's future hiring plan?
A: The company plans to double its workforce by the end of the year, with a significant presence expected in Abu Dhabi.
Crypto Market AI's Take
This news about Tavily's significant funding round highlights the rapidly growing importance of AI agents and their underlying infrastructure. At Crypto Market AI, we're deeply invested in the intersection of AI and finance, particularly within the cryptocurrency space. Our platform leverages AI for sophisticated market analysis and trading strategies, aiming to provide users with cutting-edge tools for navigating the dynamic crypto landscape. Tavily's mission to create a "Google of AI agents" resonates with our own goal of making complex AI technologies accessible and useful for financial applications. As AI agents become more sophisticated, the need for robust search and data retrieval capabilities, like those offered by Tavily, will only increase. This development underscores the broader trend of AI enhancing efficiency and intelligence across industries, including finance.
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- How AI Agents Are Revolutionizing Cryptocurrency Trading
- The Future of AI in Personal Finance
- Understanding the Latest in Cryptocurrency Market Analysis
