September 17, 2024

Work it 

Hi there, 

The future of the workforce is deeply entwined with AI.

Enterprise AI agent startups, mostly early-stage, are rushing to seize the opportunity. 

These companies are building LLM-based systems (“agents”) that can plan and execute tasks independently. 

The landscape has seen $2B+ in venture funding in the last 2 years and has already blown past 2023 levels in 2024 so far. 

Based on CB Insights Commercial Maturity data, 93% of enterprise AI agent companies are still in the early stages of building or deploying their solutions.

These data points suggest the ecosystem is on the verge of another surge.

CB Insights customers can get a breakdown of AI agent startups by Commercial Maturity here. Filter to the 1 or 2 level to identify new technologies that are in their testing phases. 

Data is dynamic. 

One of the largest markets in terms of activity here is coding agents, a space that’s seen a rush of activity and company creation amid enterprise adoption of the tech.

While the agent ecosystem is emerging, veteran startups are also quickly adding AI agent offerings. For example, Replit (founded in 2016) released its coding agent last week. 

In customer support — another promising market for AI agents — established AI companies are also building agent capabilities into their offerings. This includes Ada, Intercom, and Cognigy, which emerged prior to LLMs’ mainstream arrival. Cognigy raised $100M in Series C funding in June 2024 to scale its contact center agents.

Dive in with our free future of the workforce report. 

Customers can evaluate the landscape in the enterprise AI agents & copilots market map as well as the outlook for multi-agent AI here. 

I love you.

Anand

@asanwal 

Co-Founder & Exec Chair

P.S. We’re hiring — check out our open roles here.

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