• March 4, 2024
Sema4.ai Closes $35.5 Million Funding Round, Acquires Robocorp to Build ‘Intelligent Agents’

Sem4.ai, an Atlanta-based automation technology provider, announced a significant funding round and an acquisition simultaneously. The company, which aims to build “intelligent agents” that enable human workers to collaborate with AI, said it has closed on a $30.5 million raise led by Benchmark, Mayfield and Canvas Ventures. It immediately put the capital to use by acquiring Bay Area open-source intelligent automation technology provider Robocorp.

Sema4.ai, a recently launched startup, will incorporate intelligent automation technology, elements of Robocorp’s open-source automation platform and generative AI into its work developing agents that will assist human workers in the automation of complex, end-to-end workflows. The company said its tech will enable users to leverage Large Language Models across workflows that require low-level, low-value automation up to native, ground-up, AI-based agents.

“Our acquisition of Robocorp was borne out of a deep conviction that intelligence without action is incomplete, and action without intelligence is, at best, non-strategic,” said Rob Bearden, CEO of Sema4.ai. “Together, we’re well-positioned to build category-defining intelligent agents that connect context to action, changing how work gets done in the enterprise.”