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Aampe Raises $18 Million To Scale Personalisation With Agentic AI

Dec 10, 2024 - forbes.com
Aampe, a San Francisco-based app personalization specialist, has raised $18 million in Series A financing, bringing its total funding to $27.3 million since its 2020 launch. The company, founded by Schaun Wheeler, Paul Meinshausen, and Sami Abboud, uses "agentic AI" to deploy over 100 million autonomous agents that personalize user experiences in consumer apps across sectors like food delivery, retail, and travel. These AI agents continuously adapt app interfaces and content based on individual user interactions, leading to higher app engagement and increased purchases. Aampe's technology is gaining traction globally, with enterprise customers in North America, Europe, Asia, and Africa.

The Series A round, led by Theory Ventures with participation from Z47, will support Aampe's growth and recruitment efforts as it continues to enhance its product. CEO Paul Meinshausen emphasizes the transformative potential of agentic AI, which allows apps to offer personalized experiences beyond standard recommendation feeds. Investors are increasingly interested in this technology, recognizing its ability to optimize user engagement at a scale beyond human capability. Aampe aims to revolutionize digital product experiences by enabling apps to dynamically adapt to each user's preferences and context.

Key takeaways:

  • Aampe, an app personalization specialist, has raised $18 million in Series A financing, bringing its total funding to $27.3 million since its launch in 2020.
  • The company has deployed over 100 million AI agents in consumer apps, providing personalized user experiences by continuously adapting app content and design based on user interactions.
  • Aampe's technology, known as "agentic AI," enables apps to offer unique experiences to each user, leading to higher app usage and increased purchases for enterprises in sectors like food delivery, retail, and travel.
  • The Series A funding round is led by Theory Ventures and Z47, with plans to use the funds for recruitment and further product development to support growing customer demand.
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