Context
See what's happening on Web3. Follow any wallet – friends, creators, DAOs – to see what they are minting & trading across all marketplaces and contracts.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $19.5m | Seed | |
| Total Funding | 000k | ||
Related Content
Founded in 2024 by Joseph Semrai, a Thiel Fellow and repeat AI founder, Context is a productivity startup aiming to redefine the modern office suite through an AI-native approach. The company is headquartered in Palo Alto, California, and secured $11 million in a seed funding round at a $70 million valuation, led by Lux Capital with participation from Qualcomm Ventures and General Catalyst. Semrai's background in building AI products used by millions informs the company's mission to eliminate the significant time knowledge workers spend on mundane tasks such as creating reports, presentations, and spreadsheets.
Context operates in the productivity software market, targeting individuals, enterprises, and government agencies with a suite of tools designed to automate and accelerate information-based work. The business model appears to be centered on providing a secure and powerful productivity platform that can be deployed in the cloud, on-premises, or directly on-device to ensure data security and compliance for its clients. Revenue is expected to be generated from access to its AI-powered office suite.
The core of the company's offering is its proprietary Context Engine, which processes vast amounts of information—over 50 million tokens—without a degradation in intelligence. This allows users to upload various inputs like notes, data files, or existing drafts and then describe the desired final output. The platform then generates near-final documents, presentations, and spreadsheets in seconds. Key products include AI Documents for creating polished reports and proposals, AI Slides for generating professional presentations with intelligent formatting, and AI Spreadsheets for analyzing and visualizing complex data without requiring manual formula creation. Context differentiates itself from simple chatbots or copilots by not just retrieving information, but by planning and executing multi-step tasks across different applications to deliver finished work.
Keywords: AI office suite, productivity software, knowledge work automation, generative AI, enterprise software, data analysis, document generation, presentation automation, spreadsheet automation, Joseph Semrai, Lux Capital, Qualcomm Ventures, General Catalyst, AI-native, long-context reasoning, enterprise AI, government technology, secure AI, on-premise AI, AI documents, AI slides, AI spreadsheets