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Dust, a French AI startup founded by an ex-OpenAI scientist, has secured $16 million in a Series A funding round led by Sequoia Capital. The company, which focuses on developing enterprise AI assistants integrated with internal data, has achieved significant milestones, including surpassing $1 million in annual recurring revenue (ARR) and maintaining a high user engagement rate with 70% weekly active users over monthly active users (WAU/MAU). Dust also boasts over 5,000 active subscribers and a 100% Net Promoter Score (NPS) from independent diligence calls conducted by Sequoia. The company plans to use the new funding to accelerate investment in its AI assistant platform and expand its capabilities to enhance workflow efficiency for companies.
Excited to share three major @dust4ai milestones: 1. Customers love the product. 70% weekly active over monthly active users. Strong retention. 100% NPS when Sequoia conducted our independent diligence calls with enterprise customers. Direct quotes from customers including “250… https://t.co/u8Z48eSybK
Dust Secures $16 Million to Expand Enterprise AI Assistant Platform #AI #artificialintelligence #Dust #Investment #llm #machinelearning https://t.co/qBofjBLOv5 https://t.co/E5pGPZ9hxf
The @dust4ai team is unstoppable🤘 Huge milestone today as they continue to pioneer AI assistants that make warmer, richer, truly accelerating human-machine collaboration possible. Feels like wizardry. Can't wait to see what you make reality next! https://t.co/f5vSYtsXfL