When was Adept founded?

Adept was founded in 2017 and became a unicorn in 2023, reaching the milestone in 6 years. It raised its 1st funding round 5 years after its incorporation.

Where is Adept located?

Adept is headquartered in San Francisco, United States.

How many employees does Adept have?

As of Mar 31, 2026, the latest employee count at Adept is 74.

Is Adept a funded company?

Adept is a funded company, having raised a total of $415M across 2 funding rounds to date. The company's 1st funding round was a $65M Series A round, raised on Apr 26, 2022.

How much is Adept worth?

The latest valuation of Adept is $1B as of Mar 14, 2023.

When was the latest funding round of Adept?

Adept's latest funding was a $350M Series B round on Mar 14, 2023, with participation from 13 investors. Its primary sector is Generative AI. In United States, the Generative AI sector has seen $252B in funding in 2026 to date.

Is Adept a Generative AI company?

The primary sectors of Adept are Generative AI, AI Infrastructure, Robotic Process Automation, Agentic AI and Artificial Intelligence.

Where does Adept rank among its competitors?

Adept ranks 21st amongst 555 active competitors, of which 94 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was OpenAI, which secured $75M in Apr, 2026.

Who are the top competitors of Adept?

Adept's top competitors include OpenAI, Mistral AI and Anthropic. Among them, OpenAI secured the most recent funding round in April, 2026.

Adept - 2026 Company Profile, Team, Funding & Competitors

Sectors and market segments that Adept operate in

Adept serves in the High Tech, Native AI market segments.The primary business model of Adept are:

Company Details

Developer of AI-powered automation for software workflows and digital assistants. The company builds intelligent agent technology that understands natural language requests and automates multi-step tasks across different business software, web apps, and SaaS platforms. Its proprietary models execute repetitive actions such as data entry, report generation, and form filling, integrating directly with existing enterprise systems. The platform prioritizes security, reliability, and seamless collaboration, enabling knowledge workers and teams to boost productivity and streamline operations.

Website: adept.ai
Social

Key Metrics

Founded Year

2017

Location

San Francisco, United States

Stage

Series B

Total Funding

$415M in 2 rounds

Latest Funding Round

Series B, Mar 14, 2023, $350M

Post Money Valuation

$1B as on Mar 14, 2023

Investors

Greylock Partners & 24 more

Ranked

21^st among 555 active competitors

Employee Count

74 as on Mar 31, 2026

Similar Companies

OpenAI & 855 more

View Adept's full profile

Adept is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ADEPT SAI CIN: 871097630 , United States, Active	Dec 31, 1999	-	3 (As on Dec 31, 2024)	-
AI Labs Inc. CIN: 7618739 , United States, Active	Aug 11, 2023	-	-	-

Adept has raised a total funding of $415M over 2 rounds. Its first funding round was on Apr 26, 2022. Its latest funding round was a Series B round on Mar 14, 2023 for $350M. 13 investors participated in its latest round. Adept has 19 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Adept:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 14, 2023	$350M	Series B	$1B	-	General Catalyst, Spark Capital	Greylock Partners, Atlassian, Microsoft, Nvidia, Workday, Frontiers Capital, PSP Partners, SV Angel, A.Capital Ventures, Caterina Fake, Addition
Apr 26, 2022	$65M	Series A	$1B	-	Greylock Partners, Addition	Bluebirds, Root Ventures, Scott Belsky, Howie Liu, Sarah Meyohas, Andrej Karpathy, Chris Re

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View details of Adept's funding rounds and investors

The founders of Adept are Ashish Vaswani and Fred Bertsch.

Here are the details of Adept's key team members:

Ashish Vaswani: Former Co-Founder of Adept. They are also an angel investor in 2 startups.
Contact Info: 1 email address
Fred Bertsch: Former Co-Founder of Adept.
Contact Info: 1 email address

View details of Adept's Founder profiles and Board Members

Adept's employee count trend

Adept has 74 employees as of Mar 26. Here is Adept's employee count trend over the years:

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Top competitors of Adept include OpenAI, Mistral AI and Anthropic. Here is the list of Top 10 competitors of Adept, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	OpenAI 2015, San Francisco (United States), Series G	AI research and deployment solutions developing advanced artificial intelligence systems and tools for global use	$180B	SoftBank Group, Microsoft & 85 others	89/100
2nd	Mistral AI 2023, Paris (France), Series C	Provider of customizable, open-source artificial intelligence models and solutions for various applications	$3.05B	Lightspeed Venture Partners, General Catalyst ... & 50 others	84/100
3rd	Anthropic 2021, San Francisco (United States), Series H	Provider of AI safety and research company	$132B	GIC, Amazon & 107 others	82/100
4th	Cohere 2019, Toronto (Canada), Series D	Developer of enterprise AI platform and multilingual language and retrieval models	$1.54B	Inovia Capital, Sapphire Ventures & 32 others	78/100
5th	UiPath 2005, New York City (United States), Public	Provider of a platform for agentic automation and AI solutions	$1.96B	Alkeon Capital Management, Accel & 46 others	72/100
6th	WorkFusion 2010, New York City (United States), Acquired	Provider of robotic process automation and chatbot solutions to automate work processes	$411M	Georgian, Inovia Capital & 23 others	71/100
7th	Sakana 2023, Tokyo (Japan), Series B	Provider of AI research laboratory services	$379M	Khosla Ventures, Lux Capital & 28 others	71/100
8th	Blue Prism 2001, London (United Kingdom), Acquired	Cloud-based platform for cognitive automation	$30.5M	Herald Investment Management, The Independent Investment Trust ... & 4 others	68/100
9th	Lang 2012, Madrid (Spain), Acquired	Provider of an AI-based automation platform for customer support	$15M	NavaMoney, Village Global & 19 others	66/100
10th	Aleph Alpha 2019, Heidelberg (Germany), Acquired	Provider of an AI-enabled text and image analytics platform	$533M	Gruppe, Sapphire Ventures & 23 others	66/100
21st	Adept 2017, San Francisco (United States), Series B	Developer of AI-powered automation for software workflows and digital assistants	$415M	General Catalyst, Spark Capital & 23 others	63/100