i'm covering today's biggest product and funding news
- runway ceo @agermanidis on their new world action model praxis-1
- rox ceo @ishanmkh on their $100m series b
- elevenlabs field cto @i_am_holt and cro @ashleyekramer on latest elevenlabs summit announcements
and more!
AI sales agent startup Rox raised $100 million at a $1.3 billion valuation, according to Reuters.
General Catalyst and March Capital co-led the Series B, with Sequoia and Databricks Ventures also investing. Rox says its recurring revenue grew more than tenfold in its first year.
Rox, which develops AI agents to automate customer research and outreach, raised a $100M Series B co-led by General Catalyst and March at a $1.3B valuation (@morgan_chittum / Fortune)
(Visit Techmeme dot com for the link and full context!)
Exclusive: Rox has raised $100 million in Series B funding at a $1.3 billion valuation, led by @generalcatalyst & @marchcapital.
Read about it first in this morning’s Term Sheet!
https://t.co/PL1HFWunha
Before Rox, the @timesofindia team built outreach by hand, and every rep approached it differently.
Now reps name a client and get back a brief, an email and a contact within minutes.
Rox’s newest customers build chips, run car auctions, move data, publish news, manage contracts and connect industrial machines that keep the economy moving.
Welcome @GroqLLC, @fivetran, @timesofindia, @SirionCLM, @HiveMQ and America’s Auto Auction.
We’re excited to share more soon. Learn more: https://t.co/GMhncSVz5O
Nobody at Rox writes evals anymore.
Devin now QAs our agent every week, on real traffic.
It reads real conversations with our agent, rebuilds each failure in a full copy of Rox, and turns it into an eval. We just review the PR.
The eval suite already covers 72% of real usage happening in the product, vs. 43–57% for the evals we used to write by hand.
And it’s growing week over week with Devin.
Built with @cognition and @braintrust:
A few weeks ago we shared our research on evals with @cognition & @braintrust. Now meet the team that built it:
@gopalkgoel1, @XuBriGuy, and @AksharSarvesh share how our production traces become evals automatically.
If problems like this excite you, we’re hiring: https://t.co/qs7neUoy7b
🧑🍳 @rox_ai research crew has been cooking.
Our agents are completing real commercial work across every major vertical of the economy.
Just in the past few months:
→ Auto eval-suite: 72% coverage w/ @cognition & @braintrust
→ Email reward model: 1.75x higher replies w/ @hiddenweights
→ Jev Retrieval: 20x faster, 10x cheaper w/ @typesafeai
→ Knowledge graph: 99.9% accuracy vs SQL’s 8.9%
We're looking for cracked talent to join @gopalkgoel1 and crew. DM/email or apply at https://t.co/TGg8s5kl1v