Writer raises $100M to bring its ‘full stack’ AI model Palmyra to more enterprises

Writer, the three-year-old San Francisco startup that has, since its inception, focused on building out a secure generative AI platform for enterprises to help them across functions, announced it has raised $100 million in Series B funding today, in a round led by ICONIQ Growth with participation from WndrCo, Balderton Capital, Insight Partners, and Aspect Ventures.

Notably, Writer’s enterprise clients including processional services company Accenture and investment giant Vanguard also joined in the round, signaling strong confidence in Writer’s offerings.

The money will help Writer continue to build out more new features and AI agents for its “full stack” of enterprise-friendly software applications and connections around its three proprietary AI models: Palmyra Small (128M), Palmyra Base (5B), and Palmyra Large (20B), which can already help enterprises do everything from create content and emails to transcribe audio and summarize it.

Writer’s Palymra models assist with functions across enterprises ...