The first time I heard @markiewagner discuss this idea we were sitting around a campfire at something like 2am just months before the public launch of ChatGPT.
Watching her pursue her Good Quest and level-up as a hero Paladin on this mission has been incredibly fun. She's become not only one of my favorite founders, but also one of my favorite people and friend.
Congrats on the launch today, Markie! 🚀
We are Poetic.
And we are excited to deepen our partnerships with the numerous global companies that have partnered with us in the most critical areas of their businesses.
From here, we want to enable every business and person to leverage the power of AI while being able to run their systems and processes accurately, reliably, and deterministically. There is a new way of building a business. There is a new form of software.
Introducing @PoeticHQ: a new AI system that executes complex multi-hour tasks with 99%+ accuracy and 10x fewer tokens than agents.
We raised $50M at $500M from Kleiner Perkins, Founders Fund, First Harmonic, and Genius Ventures to build AI that does complex work inside Fortune 500 companies without hallucination.
While code is too brittle, agents are too unpredictable. The work that runs the global economy - anti-money laundering, fraud investigations, underwriting - needs extreme accuracy.
So we built a new kind of software that pairs the flexibility of AI with the predictability of code.
When the world stays the same, Poetic runs fixed code: fast, cheap, identical every time. When the world changes, Poetic uses AI to regenerate its approach and find its way back to the objective.
In one year, we went from zero to an eight-figure run rate as a team of four.
Since then, we’ve scaled the team and executed the highest-stakes processes at AIG, SoFi, and Chime. At SoFi, a large US bank, Poetic reached 99%+ quality on fraud investigations in five weeks.