Adept News 03/14/2023 Read AI Rating: Medium
Adept Raises $350M Series B at a Roughly $1B Valuation โ As Key Members Depart
Adept raised $350 million in a Series B round led by General Catalyst and Spark Capital, reportedly valuing the company at around $1 billion. Around the same time, co-founders Ashish Vaswani and Niki Parmar left Adept to found a new company, Essential AI.