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Thesys Raises $4M Led by Together Fund to Shape the Future of AI-Driven Interfaces

Thesys Raises $4M Led by Together Fund to Shape the Future of AI-Driven Interfaces

November 7, 2024 Craig Etkin

California, US – November 7, 2024; Businesses are investing billions of dollars in building AI agents to enhance user experiences and drive efficiency. However, while the potential for these AI agents to be dynamic and personalized is immense, the current state of user experience lags behind, often resulting in uninspired interfaces that are functional but far from engaging, reminiscent of the command line of the 1960s. Thesys aims to bridge this gap. With $4M in seed funding led by Together Fund, with participation from 8vc, Thesys is set to revolutionize AI-driven interfaces by providing a platform that empowers businesses to ideate, visualize and ship intelligent interfaces that adapt to user needs in real time.

Thesys envisions a future where all interfaces dynamically adjust to each user’s behavior, preferences, and needs—driven by what the company calls “Generative UI.” Unlike traditional static interfaces that rely on predefined paths, Generative UI uses AI to create unique, adaptive user interfaces on-the-fly, allowing businesses to provide truly personalized digital experiences.

“The way we engage with technology is changing faster than ever. Static interfaces simply don’t meet the demands of today’s AI-capabilities,” said Parikshit Deshmukh, co-founder of Thesys. “At Thesys, we’re building tools that make it possible for businesses to adapt and thrive in this new era. This evolution is not just about functionality, it’s about unlocking the full potential of AI-driven interactions and delivering unparalleled user experiences.”

Founded by Rabi Shanker Guha and Parikshit Deshmukh, Thesys emerged from the realization that existing design and development tools fall short in supporting the shift toward AI-driven interfaces. The company’s platform enables product owners to easily ideate and visualize conversational AI agents, facilitating the creation of dynamic, intelligent user experiences that can meet each user’s unique needs.

Manav Garg, co-founder and managing partner of Together Fund, commented on leading the investment, “The future of AI relies as much on intuitive, adaptive interfaces as it does on backend capabilities. Thesys’s vision for Generative UI aligns perfectly with Together Fund’s commitment to enabling founders who are redefining the user experience. By empowering teams to create real-time, personalized interactions, Thesys is setting a new standard for AI-driven interfaces. We’re excited to support their journey in transforming the role of design and development tools for the next generation of AI applications.”

“Thesys is pioneering a transformative shift in UI design workflows by integrating AI-driven adaptability,” Bhaskar Ghosh, partner at 8VC, added. “Their Generative UI approach aligns with our commitment to investing in technologies that drive innovation in user experiences. We are excited to be part of the Thesys journey in redefining how businesses interact with their customers.”

“We’re building the frontend infrastructure for the future of AI,” said Rabi Shanker Guha, co-founder of Thesys. “Our platform allows teams to launch dynamic, AI-driven interfaces, delivering high-quality experiences 4x faster. This streamlined approach accelerates go-to-market timelines and gives businesses an edge with engaging, adaptive user experiences that transform customer connections.”

With the AI agents market projected to reach $47 billion by 2030, Thesys is positioned to lead the charge. Looking ahead, Thesys plans to launch a UI SDK that will enable developers to seamlessly integrate Generative UI into their applications, making static designs a thing of the past. Following its closed beta launch, Thesys plans to go GA with its product within the next quarter positioning itself as the go-to product toolkit for businesses looking to stay ahead in the AI revolution.

About Thesys

Thesys is pioneering the future of AI-driven interfaces, empowering businesses to ideate, visualize and ship intelligent experiences at scale. For more information please visit https://www.thesys.dev/ 

SOURCE: http://www.intelligence360.io
Copyright (c) 2024 SI360 Inc. All rights reserved.


Venture Capital
California, Thesys, Venture Capital

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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
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Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
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TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
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