Lutra AI Raises $3.8 Million in Seed Round

Lutra AI Raises $3.8 Million in Seed Round

Lutra AI, a Mountain View, CA-based startup focusing on revolutionizing task automation with specialized assistants built on artificial intelligence (AI) workflows, recently raised $3.8 million in seed funding.

The investment was from notable investors Coatue Ventures, Hustle Fund, Maven Ventures, WVV Capital, and a group of prominent angel investors, including Andrej Karpathy, Jeff Dean, and Scott Belsky.

Currently, in a private beta phase, Lutra AI plans to expand its customer base and focus on product development.

Lutra AI is a developer of a generative artificial intelligence platform designed to deeply leverage AI and automate workflows. It offers specialized AI assistants for non-developers, integrating with popular apps like Google Workspaces and Slack. The company's platform allows to build and share custom automation tools using simple English with no programming securely and reliably, enabling users to manage their data with efficiency and consistent outcomes. Lutra AI’s core mission is to empower businesses with specialized AI assistants capable of handling a myriad of tasks seamlessly.

Funding Details

Company: DEPENDABLE AI, INC.

Raised: $3.8M

Round: Seed Round

Funding Month: December 2023

Investors: Coatue Ventures, Hustle Fund, Maven Ventures, WVV Capital, Andrej Karpathy, Jeff Dean, and Scott Belsky

Company Website: https://lutra.ai/

Software Category: Automated AI Workflows