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Genspark Raises $275M Series B, Launches AI Workspace to Put Busywork on Autopilot

Genspark Raises $275M Series B, Launches AI Workspace to Put Busywork on Autopilot

December 18, 2025 Craig Etkin
  • Oversubscribed Series B backed by Emergence Capital, SBI Investment, LG Technology Ventures, Pavilion Capital, Uphonest Capital, with participation from all existing investors
  • Exceeding $50 million in annualized run rate within five months since the initial launch, marking one of the fastest growth rates in the AI industry
  • Launches the Genspark AI Workspace, the first platform that autonomously delivers complete business outcomes

PALO ALTO, Calif.–(BUSINESS WIRE)–Genspark today announced it has closed an oversubscribed $275 million Series B financing round at a $1.25 billion post-money valuation. The round was backed by Emergence Capital Partners, the leading Silicon Valley firm behind Salesforce, Zoom, and Box, alongside leading global technology investors including SBI Investment, LG Technology Ventures, Pavilion Capital, Uphonest Capital, with all existing investors doubling down in this round. The company achieved this milestone while breaking $50 million in annualized run rate within five months – one of the fastest growth rates among AI companies in the industry.

The funding coincides with the launch of the Genspark AI Workspace. This new platform moves beyond simple AI assistance, which requires step-by-step guidance, to deliver true end-to-end autonomy by putting work on autopilot.

“There are over 1 billion knowledge workers globally spending countless hours on busywork: drafting emails, summarizing meeting notes, creating slides, analyzing data, writing reports. AI chatbots gave us conversation, but they didn’t eliminate the work. You’re still prompting, switching tools, editing outputs. That’s not transformation, that’s just AI-assisted busywork!” said Eric Jing, CEO of Genspark. “Genspark changes this dynamic entirely. Our platform enables knowledge workers to focus on strategy and decisions while autonomous agents handle execution. You state your intent, we deliver the finished work. This is a fundamental shift in how a billion people will work, from managing tasks to driving outcomes. In the AI era, Genspark is where your work gets finished autonomously.”

While LLMs provide powerful reasoning, they lack the “arms and legs” to execute complex business tasks. Genspark’s platform provides that capability, allowing you to put work on autopilot and shift from managing tasks to driving outcomes and strategy. You no longer give step-by-step instructions; you give a high-level goal, and Genspark’s proprietary Mixture-of-Agents architecture manages the entire workflow. No prompting. No tool-switching. Just finished.

“Genspark unlocks something entirely new for enterprises: autonomous execution that delivers finished work, not just assistance,” said Joe Floyd, General Partner at Emergence Capital. “We’ve got our pulse on the AI workspace category, and no one has cracked this until now. Genspark is solving real-world pain points and filling the productivity gap in enterprise AI adoption.”

Genspark’s all-in-one platform acts as the intelligent conductor for this process. It doesn’t rely on a single, pre-trained model. Instead, it intelligently selects and orchestrates from 30+ AI models—including leading models like GPT, Claude, and Gemini alongside open-source alternatives. This is powered by 150+ in-house tools and 20+ premium datasets, allowing the platform to integrate with hundreds of work tools, collect scattered data, connect the dots, and deliver a final, polished outcome.

“We tried more than 20 AI tools on the market to help us build our quarterly presentations and earnings reports,” said a CFO at one of the largest publicly traded real estate companies in Texas. “Genspark is the only one that is boardroom ready.”

Genspark was founded by industry veterans with decades of experience building search and AI systems at Microsoft, Google, Meta, YouTube, and Pinterest. Co-founder and CEO Eric Jing is a Microsoft veteran who joined in 2006 and became a founding member of Microsoft Bing. He built his last company to a $5.5B valuation, where he worked with Co-founder and CTO Kay Zhu for 11 years. Kay Zhu pioneered AI-powered search ranking technologies at Google in 2011, launching the world’s first deep neural network ranking model in production search in 2013. Co-founder and COO Wen Sang holds a PhD from MIT and previously founded and exited Smarking, a Y Combinator and Khosla Ventures backed enterprise SaaS company. This expertise in building large-scale AI systems was foundational in creating the market-leading evaluation benchmarks that ensure Genspark’s agents deliver high quality work output that typically requires only one prompt from customers.

About Genspark

Genspark is a Palo Alto, CA based technology company that builds agentic AI for 1B+ global knowledge workers. Founded by veterans from Microsoft, Google, Meta, Youtube, and Pinterest, Genspark orchestrates AI agents to transform business intent into finished deliverables – from board presentations, deep financial models, business ready documents, to full stack web applications, mobile apps, and even video games. Built for knowledge workers who lead, not just act. Learn more at genspark.ai.

Contacts

Media Contact
Jennifer Lin
Head of Marketing & Comms
press@genspark.ai

Natalie Bartels
VSC on behalf of Genspark
genspark@vsc.co

(c)2025 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, California, Genspark, Palo Alto, Venture Capital

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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

Fabric is a health tech company on a mission to solve healthcare’s access problem. Fabric’s integrated care platform offers personalized guidance, streamlines workflows, and unifies experiences across virtual and in-person care. Its solutions support care delivery from a patient’s first search to post-treatment follow-up using its proprietary Hybrid AI that combines conversational AI and physician-built clinical logic. Together with a nationwide network of medical and behavioral health providers, Fabric is realizing its vision of providing care for everyone, everywhere. The company advances connected delivery that improves access, outcomes, and equity across every stage of the patient journey. Today, Fabric serves 30,000 employers, payers, and enterprise organizations, including OSF HealthCare, MUSC Health, Highmark, and Intermountain Health. Fabric is backed by General Catalyst, Thrive Capital, GV (Google Ventures), Salesforce Ventures, Vast Ventures, BoxGroup, and Atento Capital.
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Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

Launched in 2023, Flex a Flexbase Technologies brand is the AI Native “Private Bank” for high net worth business owners in the middle market. Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. Flex is the first platform that supports every step of their financial lives, from the moment they earn revenue to the moment they spend it personally.
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Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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