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Wabi raised $55 million and is valued at $1,25 billion.

This story is from 2026-10-29. It is preserved in the archive; the latest stories are on the live feed.

Wabi, created by Replika founder Eugenia Kuyda, has raised $55M in a funding round led by IVP with backing from a16z and the Amazon Alexa Fund, valuing the company at $1.25B. The platform is shifting from text-prompted app generation to a messaging experience focused on building lightweight utiliti…

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  1. 2026-10-29 14:44 · DEV Community — AI
    Wabi raised $55 million and is valued at $1,25 billion.

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