AI Software Holdings LLC raises $28.8M: offering $28.8M: Form D

AI Software Holdings LLC raises $28.8M: offering $28.8M: Form D

AI Software Holdings LLC, a burgeoning artificial intelligence startup, has successfully raised $28.8 million in a recent funding round. The company, which provides a software toolkit for developing AI agents, has been gaining traction in the market, particularly among large enterprises.

The funding round, led by Greenoaks Capital, follows the company's previous investment of $175 million in 2024 at a $4.5 billion valuation. This latest round is expected to further bolster the company's growth and development efforts [1].

AI Software Holdings was founded in 2023 by Bret Taylor and Clay Bavor, two prominent figures in the tech industry. Taylor, a former co-CEO of Salesforce, currently serves as the board chair of OpenAI, while Bavor was a key executive at Google. The company's flagship product, the Agent SDK, offers pre-packaged building blocks to simplify the development of AI agents, reducing the need for extensive coding [1].

The Agent SDK includes features such as web search integration and customer support automation, making it easier for businesses to create and deploy AI agents. Additionally, the company provides Agent Studio, a tool that allows non-technical users to customize AI agents without writing code [1].

AI Software Holdings has seen significant adoption, with hundreds of companies using its platform. Notably, more than half of these customers generate over $1 billion in annual sales, and around 15% generate over $10 billion. The company's "enterprise annual recurring revenue" is projected to exceed $100 million by the end of 2025 [1].

The funding will enable AI Software Holdings to expand its platform, improve its tools, and enhance its customer support. The company aims to continue its growth trajectory and solidify its position as a leader in the AI agent development space.

References:
[1] https://siliconangle.com/2025/09/03/ai-agent-startup-sierra-reportedly-raising-funding-10b-valuation/