Context, a startup constructing an AI-powered workplace suite, on Wednesday introduced that it raised $11 million in a seed spherical led by Lux Capital with participation from Qualcomm Ventures and Normal Catalyst. The spherical, which brings the corporate’s complete raised to round $15.75 million, values Context at $70 million.
Founder Joseph Semrai, a Thiel Fellow, began engaged on Context in 2024 after he realized that present digital workplace suites should not effectively suited to make the most of AI fashions.
“[W]e have a bunch of disparate functions that aren’t essentially constructed maintaining the facility of [AI models] in thoughts,” Semrai instructed TechCrunch in a cellphone interview. “We wish to make the most of the truth that [models] can perceive massive context home windows and use a number of functions on the similar time to get the very best consequence.”
Over the previous few years, many startups within the productiveness and searching area have made consumer interface modifications to undertake a chat-forward expertise, largely due to the rise of AI-powered chatbots like ChatGPT. Semrai thinks that Context, which is equally chat-focused, could be a highly effective instrument for employees utilizing an workplace suite, much like how Cursor has turn into a helpful software for programmers.
Workplace suite makers like Google and Microsoft have infused AI into their functions. Canva, which has been within the artistic area traditionally, can also be designing merchandise that go well with all types of workplace work with AI on the heart. Notion, in the meantime, is constructing an enterprise office with an AI search and analysis mode.
Many of those merchandise supply connectors to third-party functions. However Semrai stated that whereas connecting to sources and retrieving information is turning into commoditized, new-age instruments don’t all the time ship capabilities that assist with evaluation. That, he stated, is the place Context is available in — it’s designed to make it simpler for customers to purpose over the information they fetch from varied sources and make selections primarily based on that.
Context has a easy interface with a chat field within the heart. You’ll be able to ask the AI instrument to carry out analysis primarily based in your paperwork, integrations, and net data. You’ll be able to then ask it to transform all this to a doc, spreadsheet, or presentation, whereas persevering with to work together with it to generate totally different artifacts.
Context additionally provides a Python interpreter to allow you to run code.
The aim isn’t essentially changing a fully-featured workplace suite like Microsoft 365. Relatively, Context goes after a market not well-served by the present crop of instruments, in accordance with Semrai. For instance, in contrast to many AI-powered information evaluation merchandise, Context will quickly have the ability to work offline, Semrai stated, enabling easy evaluation and doc drafting primarily based on current information and paperwork by way of Context’s desktop app.
Customers can check out Context without cost with 50 credit, one workspace, and 10 workforce members. Alternatively, they’ll pay $20 monthly to get 2,000 credit with no limits on workspaces and workforce members.
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