The concept launches AI agent when it crosses $ 500 million in annual income

In November 2022, the public launch of the Chatgpt Openai is widely regarded as an event that started a generative boom, which remains a dominant topic in the technological industry almost three years later.

The concept of early jumped on the foot.

Two weeks before Chatgpt hit the market, launch software for performance announced Its own artificial intelligence feature using the Openai model. The company was developed as a “writing assistant” that could help the user in the brainstorming, editing and summing up, the company reports.

“We are at an important spike point,” CEO Ivan Zhao wrote in a blog message at the time. “The potential of artificial intelligence has grown in geometric progression and will continue to grow.”

AI waves have pushed the concept for $ 500 million, now the company tells CNBC, which ranks 34th in its 2025 List of offender 50. Recent developments landed on Thursday, when the concept launched a customized agent that can create documents to attract data from many sources, using Openai and anthropic models.

In an interview with Aksha Katar, co -founder and operational chief, in an interview that the company was trying to keep up with the AI ​​-Tools. Corporate customers include Kaiser Permanente, Mitsubishi Heavy Industries, Nvidia and Volvo cars.

“We doubled this year and probably double the sales team next year,” Kotar said. He added that about 90% of the business comes from the “use of multiplayer games” or teams.

The concept was founded in 2013, two years before Openai was created as a non -profit AI laboratory. The company, which now has about 1,000 employees, launched the first version of its product in 2016 and says it has more than 100 million users.

But unlike most startups that rose with the rise of the generative II, the concept has not risen for a long time. Him The most recent round -fundament round Came in 2021 when a big driver for cloud software for cooperation was a pandemic and remote work. In October of the same year, the concept raised $ 275 million when estimating $ 10 billion.

Kotari says the company has more money than $ 330 million that it is raised to date.

In May, the concept introduced AI products to generalize meetings and search through corporate files. Since then, the annual income growth has accelerated every month, Kotar said, although he refused to ensure growth.

An ad on Thursday includes a pre -view examination of an additional feature called custom agents that can perform the background actions. As an example, a custom agent may be instructed to produce and send a list of articles relevant to a person’s interests every week.

Kotar said that last year 10% to 20% of customers paid for AI supplements. This increased to 30% or 40% earlier this year and recently crossed 50%, he said.

At this point, the company has started to include AI in its business -and -the -class business, not charged, Kotar, adding that the company talks to customers about an honest pricing model for custom agents.

Performance software – this is a very competitive space with Microsoft and Google In the center.

Weeks after the Great Round Funding for the concept in 2021 Microsoft Announced cycleApplication to work on documents. The product reminiscent has become available to organizations with the signing of the Microsoft 365 software in 2023.

Microsoft also pushes Copilot, Assistant AI, who can spit out the Word and Outlook documents. Google, meanwhile, offers Gemini AI for its Google Workspace applications.

Ramp, startup business -photo card, pay for the Gemini AI option for Google Workspace applications. But the company called on people to migrate documents and track projects to the concept, said Ben Levik, head of Ramp operations.

Levik said nine out of 10 employees on Ramp, which has 1,200 labor, that every month uses AI concepts, and the company checks custom agents to respond to internal requests and connect feedback with sales with upcoming products that can solve customer requests.

See: SalesForce CEO Mark Beniofee that the market is mistaken in AI