CrewAI Announces Series A Funding, New Enterprise Offering, and Over 10 Million Agents Automating Complex Workflows Using Any LLM and Cloud Platform

SAN FRANCISCO and SÃO PAULO, October 22, 2024 (GLOBE NEWSWIRE) — CrewAI, a leading multi-agent platform, today announced total funding of $18 million including a seed round led by bold and innovative companies. a Series A led by Global Software. investor Insight Partners. Other investors include Blitzscaling Ventures, Craft Ventures, Earl Gray Capital and several leading AI angel investors, including Andrew Ng, a globally recognized voice in AI, and Dharmesh Shah, co -founder and CTO of HubSpot.

CrewAI’s open source offering runs more than 10 million agents per month and is already used by nearly half of the Fortune 500 companies. Building on the success of its open source framework and in response to user demand, the company also launched CrewAI Enterprise, making the task easier. than ever before for large organizations to quickly build, monitor and iterate on complex AI agents with high-quality results. The company signed its first 150 beta enterprise customers in less than six months.

More than 65% of companies now use generative AI, but almost all of them still express strong concerns about the accuracy of the results and the security of the data. These challenges hinder the full potential of large language models (LLMs) for the enterprise. This is especially true for automating complex tasks in areas such as marketing, accounting and finance. Companies have been unable to use robotic process automation (RPA) for these use cases due to its rigid and deterministic approach, high implementation costs, fragility and its inability to self-repair.

Developers in over 150 countries now use CrewAI to automate workflows and create native AI agent features and applications. CrewAI helps businesses realize the enormous potential of LLMs by enabling AI agents to perform complex tasks that leverage LLMs in simple and complex workflows. CrewAI offers a range of advanced new features, including self-iteration, performance evaluation, persistent memory, and a wide range of new agent collaboration frameworks.

Businesses are rapidly evolving to adopt agents that deliver results

The AI ​​agent market is expected to see explosive growth, from $5 billion this year to nearly $50 billion by 2030. According to a recent Capgemini survey, 10% of large companies are already using AI agents. AI, and more than half plan to use them in the next year. , and 82% will join them within three years.

“Agents are the key to unlocking the potential of AI and will completely rethink how businesses deliver their products. RPA and LLMs alone can’t get you there. Savvy organizations around the world are already deploying multi-agent applications to help manage an entire business while moving fast,” said João Moura, founder and CEO of CrewAI. CrewAI, we signed our first 150 beta enterprise customers We are seeing 100,000 groups of multi-agent executions per day in hundreds of different use cases We have made it easy for teams to create groups of AI agents. to complete tasks using any LLM, integrate with over a thousand different applications, and do it in a way that protects the privacy of their data.

CrewAI Enterprise to deploy complex, rapid AI workloads that drive business value

After a successful private beta, CrewAI is now launching its Enterprise Cloud offering, a universal platform that allows organizations to enable their teams to build AI agent teams using any LLM or cloud platform – suitable to their unique and complex workloads – to achieve high goals. quality results. Built on the popular CrewAI open source framework, CrewAI Enterprise enables rapid iterations by also offering templates, access to extensive VIP support, and built-in security. CrewAI Enterprise enables organizations to:

• Plan and build: Use the CrewAI or Crew Studio framework to easily build even the most complex multi-agent systems.
• Deploy and monitor: Integrate these multi-agent automations into a production environment securely with appropriate levels of access and control.
• Evaluate and iterate: Track ROI using testing and training tools to constantly improve efficiency and quality of results, ensuring rapid value creation.

The new CrewAI Enterprise platform allows teams of all sizes to create, deploy and iterate on multi-agent “teams”. These AI agent teams can be used to automate workflows and power new AI agent native features and applications. During beta, CrewAI saw companies create teams for hundreds of different use cases.

To learn more about how agents work in the enterprise, join CrewAI for AI Agent Week at https://week.crewai.com/.

Supporting citations

“The widespread adoption of LLMs in business creates a huge opportunity for new revenue streams and cost reductions. The catalyst for this evolution will be multi-agent AI platforms. CrewAI is an early leader in this exciting area and Insight Partners is excited. as an investor, Joao has a big vision for what CrewAI can do and we love helping him and the team realize that vision.

Praveen Akkiraju, Managing Director at Insight Partners

“CrewAI makes it easier and faster to develop simple and complex multi-agent AI workflows. Its powerful orchestration capabilities for businesses, including memory and self-healing companies, are well suited beyond traditional automation As a CrewAI user myself, I’m excited to be able to support João’s vision with an investment!

Andrew Ng, co-founder of Coursera and professor at Stanford

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About CrewAI

CrewAI is the leading multi-agent AI platform. Designed to fully leverage LLM’s reasoning capabilities and enable agents to work together, CrewAI’s open source framework and enterprise platform powers more than 10 million agents per month and 150 customers. With CrewAI, organizations can easily deploy and manage AI agents to automate complex tasks with rapid time to value across a wide range of use cases, from research and analysis to coding and reporting. For more information, visit https://www.crewai.com/.

CONTACT: Contact

Shannon Campbell

Public relations for CrewAI

(email protected)