ContextA Startup Building AI-Purd Office Suit, on Wednesday announced that it raised $ 11 million in a seed round led by Lux Capital with partnership with Qualcomm Ventures and General Catalist. Round, which Raises the total of the company About $ 15.75 million, value reference at $ 70 million.
Joseph Semrai, the founder of a thiel Fellow, began to work on reference in 2024 when he realized that the current digital office suits are not well suited to avail the AI model.
“(W) E is a group of unequal applications in E that is not necessarily designed keeping in mind the power of (AI model),” Semri told Techchchan in a phone interview. “We want to take advantage of the fact that (models) can understand large reference windows and use multiple applications at the same time to achieve the best results.”
Over the years, many startups in productivity and browsing space have changed the user interface to adopt chat-forward experience, broadly thanks to the rise of AI-Interested Chatbot like chatgate. Semri thinks that the reference, which is similarly chat-focused, can be a powerful tool for workers using an office suit, similarly how the cursor has become a useful application for the programmer.
Office suit manufacturers like Google and Microsoft have infected AI in their applications. Canva, which has historically stood at the creative location, is also designing products that correspond to all types of office work with AI in the center. Meanwhile, the perception is building Ai Search and Research Mode a venture workplace,
Many of these products provide connectors for third-party applications. But Semri stated that while joining sources and reconstructing data, new-age equipment does not always distribute the abilities that help with analysis. He said, where the context comes – it is designed to make it easier for users to argue on data received from various sources and to decide based on it.
The context in the center has a simple interface with a chat box. You can ask AI tool to do research obtained from your documents, integration and web knowledge. You can then ask it to convert it into a document, spreadsheet or presentation, while continuing to interact with it to generate various artifacts.
The reference also provides you with a python interpreter to run the code.
This goal is necessarily not necessarily replaced by a completely painted office suit like Microsoft 365. Rather, the reference is going after a market, which is not well served by the current crop of equipment, according to Semrai. For example, unlike several AI-operated data analysis products, references will soon be able to work offline, which will enable simple analysis and document formatting based on existing data and documents through the desktop client of reference.
Users can try references for free with 50 credits, a scope and 10 team members. Alternatively, they can pay $ 20 per month to receive 2,000 credits with no limit on workpieces and team members.
