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Afternoon Brief · October 29th 2026

Replika's founder raises $55 million for Wabi at a $1.25 billion valuation

Wabi, Eugenia Kuyda's startup, raised $55 million at a $1.25 billion in a round led by IVP, with Andreessen Horowitz, Forerunner and the Alexa Fund. Angels include Tobi Lütke, Marc Benioff and Marissa Mayer B.

Wabi started as a way to build small apps from a prompt and now calls itself a "personal ": a messenger that builds an interface on the spot for a task such as a meal plan or a trivia game. TechCrunch gives no user, revenue or retention figures, so the valuation rests on the founder and the category. SourcesB

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This story ran in the Afternoon Brief of October 29th 2026.