Tavily, a new startup focused on building better search technology for smarter AI agents, has secured $25 million in funding. Rotem Weiss is the CEO and founder of Tavily. The firm has been around since well before ChatGPT and other large language models (LLMs) brought web search to the mainstream. This latest investment will raise Tavily’s total funding to an impressive $25 million since its launch less than one year ago.
Tavily began life as an open-source project named GPT Researcher in early 2023. In short order, it became a sensation within the tech community itself, racking up close to 20,000 stars on GitHub. This sector’s explosive growth is evidence of the demand for better search tools purpose-built for AI agents. Consequently, Tavily emerges as a crucial force in the competitive landscape.
Tavily will have to find its place in a potentially crowded market. Stiff competition from startups such as Exa, who just announced a $17 million Series A funding round from impressive investors like Lightspeed, Nvidia, and Y Combinator. This latest funding round will allow Tavily to improve its product offerings and continue developing its cutting-edge search solutions.
The startup’s focus on governance, risk, and compliance is especially relevant in today’s rapidly evolving technological landscape. As stated by George Mathew, “Governance, risk and compliance at the enterprise is so important now, and if you just let that happen, it’s just going to be the wild, wild west.” This highlights the need for comprehensive guardrails just as AI tools are being rapidly released.