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Humans and AI Agents Are Now Coworkers — But Not Yet a Team. SageOx Raises $15M to Fix That.

Humans and AI Agents Are Now Coworkers — But Not Yet a Team. SageOx Raises $15M to Fix That.

May 12, 2026 Craig Etkin

A shared context layer that captures decisions, intent, and history to keep humans and AI agents aligned

SEATTLE–(BUSINESS WIRE)–SageOx, a startup building shared context infrastructure for AI-native teams, today announced a $15 million seed round led by Canaan Partners, with participation from A.Capital, Pioneer Square Labs, and Founders’ Co-op.

Humans and AI agents are coworkers, but not a team. SageOx raises $15M to build the context layer that fixes alignment by capturing decisions, intent, and history.Share

As organizations increasingly operate through fleets of AI agents, a new reality is emerging: humans and AI are now coworkers, but they are not yet a team.

Today’s AI agents operate in isolated sessions, with no shared memory of prior decisions, architectural intent, or team discussions. In practice, that means every task starts from scratch, forcing teams to constantly restate context and correct drift. The result is misalignment that compounds across the system, amplified at machine speed.

SageOx is building the missing context infrastructure to solve this problem. The platform captures context where it naturally occurs, across conversations, chat, coding sessions, and existing tools, and turns it into structured knowledge that flows into every new agent interaction. In practice, this means agents can pick up work with full awareness of prior decisions, generate outputs that reflect team conventions and architectural intent, and stay aligned as projects evolve — without constant human intervention. The result is a continuously aligned system in which decisions, intent, and history are seamlessly shared across humans and AI agents.

“As an in-person team, a lot of our best decisions happen in conversation,” said Marius Ciocirlan, CEO at Mark OS. “Before SageOx, our agents weren’t part of that; they felt remote. We had to constantly recap decisions, and things would get lost. Now SageOx keeps them in the loop automatically. Conversations turn into output in minutes. It’s fundamentally changed how we build, less translation, more collaboration.”

“We’re at the beginning of a fundamental shift in how knowledge work gets done, where teams increasingly operate as a combination of humans and AI agents,” said Kumar Sreekanti, Venture Partner at Canaan Partners. “Every major shift like this creates a new systems layer, and in this case, that layer is context. SageOx is building that foundation, and we believe it has the potential to become core infrastructure for this new era of AI-native work.”

“As teams begin operating at multiples of their traditional speed, in some cases 20x to 40x faster, their existing processes break down, and the ability to share decisions, intent, and history across humans and agents becomes critical infrastructure,” said Ajit Banerjee, founder and CEO of SageOx.

SageOx is already working with early design partners and has adopted an “open work” model, giving users visibility into how its own team builds alongside AI agents, a live demonstration of its core belief that knowledge should be continuously captured and shared.

The company was founded by Ajit Banerjee (CEO), Ryan Snodgrass (CTO), and Milkana Brace (CPO), a team with deep experience building and scaling foundational systems. Banerjee was an original member of the AWS EC2/EBS team, helped build core infrastructure at Apple and Facebook, and founded XetHub (acquired by Hugging Face), which now powers over 100 petabytes of data. Snodgrass was one of Amazon’s first engineers and helped lead its transition from a monolithic architecture to microservices, later scaling cloud systems that support tens of millions of Kindle devices and earning more than 35 patents. Brace is a repeat founder and former EVP of Product at Remitly, where she helped guide the company through rapid growth following the acquisition of her startup, Jargon. The team is rounded out by Galex Yen, a veteran builder, leader, and entrepreneur, with advisors including author Steve Yegge and researcher Dr. Rupak Majumdar.

SageOx will use the new funding to continue developing its product and make a small number of key hires while remaining intentionally lean and relying heavily on agentic teammates. The company sees itself as building a foundational layer for AI-native work, much like cloud infrastructure defined the last generation of software.

About SageOx

SageOx is the context infrastructure powering human-agent collaboration. By capturing decisions, intent, and knowledge as work happens, SageOx continuously feeds that context to both humans and AI agents so they can act with the same understanding. Founded in 2026 by Ajit Banerjee, Ryan Snodgrass, and Milkana Brace, the company is backed by Canaan Partners, A.Capital, Pioneer Square Labs, and Founders’ Co-op. Learn more at sageox.ai.

Contacts

Media Contact:
Milkana Brace, Chief Product Officer
milkana@sageox.ai

(c)2026 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, SageOx, Seattle, Venture Capital, Washington

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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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