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Dazl launches with $10M seed, Pioneering the Next Wave of Market-Ready Applications

Dazl launches with $10M seed, Pioneering the Next Wave of Market-Ready Applications

September 17, 2025 Craig Etkin

NEW YORK, Sept. 8, 2025 /PRNewswire/ — Dazl, the AI creation platform for building high fidelity, production-ready applications, today announced it has emerged from stealth with $10 million in seed funding. The platform combines the power of AI with deeper tools for human creativity. The round was led by 40RTY Fund, with participation from Wix and Wix co-founder Nadav Abrahami. Assaf Sagy, TikTok’s former Global Head of Gaming, will join as CEO and Co-Founder, alongside 30 Wix employees who will take on key roles at the new company.

The first wave of generative app and website tools made it possible for almost anyone to create simple prototypes, and in doing so unlocked an appetite among entrepreneurs, marketers, and designers to become product makers, autonomous from the need to hire development teams.

But that appetite came with frustration: the tools rarely deliver the desired visual and functional results in a predictable number of prompts, leaving teams stuck with half-finished outcomes instead of ready to ship.*

This is where Dazl steps in. It gives product makers the precision and reliability needed to turn ideas into real software. Dazl’s proprietary technology bridges the gap between creative and expressive intent and the final working product, nurturing a true partnership between the maker and AI. The result is a single platform where outputs are consistent, production-ready, and creators can build with confidence.

Dazl is designed to deliver more accuracy in prompt interpretation, resulting in less rounds of trial and error while communicating with the AI. It also ensures that the AI doesn’t lose context, which results in less mistakes and significantly decreases frustration.

“We’ve been seeking a founding team that not only understands the potential of AI but also has the experience to bring that vision to life,” said Roy Saar, General Partner at 40RTY Fund, who was also one of the first investors in Wix 18 years ago. “Having played a key role in building one of the most impactful platforms of the digital age, Nadav’s legacy with Wix is invaluable. Alongside Assaf, a seasoned leader in product innovation, this duo is poised to solve one of the most pressing issues in today’s product development through Dazl. At 40RTY, we’re thrilled to help them build a category defining company.”

“When Wix was founded, website builders already existed. They gave you something basic and functional, not something you were proud to call your own. Wix changed that by enabling people to create sites with beauty, personality, and creativity. With Dazl, we see the same turning point in software development,” said Nadav Abrahami, Co-Founder of Wix and Dazl. “Generative AI can produce prototypes, but it doesn’t yet empower creators to build apps that reflect their vision. Our goal is to unlock that next level — so app creation can be just as expressive as web design became with Wix.”

“Every major shift in media has come when creators gained access to better tools — from mobile photo editing to short-form video to social creation,” said Assaf Sagy, CEO and Co-Founder of Dazl. “At TikTok, I saw firsthand how unlocking expressive creativity reshaped culture globally. With Dazl, we’re bringing that same leap to product making, giving creators the fidelity, creativity, and control to shape applications with AI.”

Early adopters eager to be part of the journey can join the waitlist now on Dazl’s website: https://dazl.dev/ 

Notes to editors

Supporting Research*

  • The 2025 Stack Overflow Developer Survey underscores this frustration: 66% of developers said they are frustrated with AI outputs that are “almost right but not quite,” and 45% reported that debugging AI-generated code actually takes longer than writing it themselves.
  • An 2025 MIT Media Lab report found that only 5% of custom enterprise efforts to integrate AI into development processes actually reach production — a 95% failure rate — largely because prototypes break down before they can become reliable, usable applications.

About Dazl

Dazl was founded by Nadav Abrahami, Co-Founder of Wix.com, and Assaf Sagy, former Global Head of Gaming at TikTok, together with 30 senior Wix veteran web and AI engineers. The team is building a technology that delivers reliable, production-ready apps. By enabling a true partnership between humans and AI, Dazl aims to make app creation more intuitive, expressive, and scalable — unlocking the next era of software development.

Media contact

Gavin Horwich, Headline Media
gavin@headline.media 

Photo – https://mma.prnewswire.com/media/2767004/Dazl.jpg
Logo – https://mma.prnewswire.com/media/2767003/Dazl_Logo.jpg

SOURCE Dazl

Copyright © 2025 Cision US Inc.


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Cision, Dazl, New York, PRNewswire, 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.

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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.

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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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