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Gumloop Secures 17 Million In Series A Funding To Make Ai Automation

Bonisiwe Shabane
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gumloop secures 17 million in series a funding to make ai automation

We're excited to start the next phase of Gumloop's growth with a $17m Series A led by Nexus Venture Partners with participation from First Round Capital, Y Combinator, angels like Max Mullen (Instacart), Shaan... We've raised a total of $20 million now. Raising money isn't the goal — building a product people love is. This new capital is just to help us build that product even faster. We started the company in a bedroom in Vancouver, Canada 574 days ago as a side project. We were trying to solve a very simple problem for a group of people in a Discord server who weren’t highly technical, and it spiralled into something larger than we ever imagined.

We focused on keeping the team small and iterating as fast as humanly possible on the product while talking to users. We technically raised this Series A as a team of 2 founders without hiring anyone full time (we did have 2 awesome interns for a while and 2 other exceptional contractors). We'll be growing headcount but we aim to keep this disproportionately large throughput per employee going moving forward. Gumloop, a Vancouver, Canada-based startup specializing in AI-powered workflow automation, has secured $17 million in Series A funding. The round was led by Nexus Venture Partners, with participation from First Round Capital, Y Combinator, and angel investors, including Max Mullen (Instacart), Shaan Puri, Bryant Chou (Webflow), and Reynold Xin (Databricks). Nexus Venture Partners, a venture capital firm managing $2.6 billion across its funds, focuses on helping founders build product-centric companies.

Based in Menlo Park, California, the firm primarily invests in seed and early-stage startups. This funding will enable Gumloop to build and scale its product more rapidly. Gumloop is a no-code AI automation platform that empowers anyone, regardless of technical expertise, to create automation for their business. The platform is designed with nontechnical users in mind, allowing them to create and customize workflows by simply dragging and dropping modular components. Vancouver-founded 'AI Automation' Company Gumloop Closes $24.6 Million Series-A Financing Led by Nexus Venture Partners Vancouver, BC, January 13, 2025--(T-Net)--Vancouver-founded AI automation company Gumloop announced today that it has closed a $24.6 million (US $17 million) Series-A financing led by Nexus Venture Partners with participation from First Round Capital,...

"We're building Gumloop so that anyone will be able to have the impact of an AI engineer, regardless of their technical background. Understanding a problem will be the only prerequisite to solving it" said the company in a blog announcement. "We couldn't be more excited for the future of automation. Back to building!" The company has raised a total of $28.9 million (US $20 million) now. The company says the new capital is to help them build a product people love, even faster.

Developers Max Brodeur-Urbas and Rahul Behal think that AI has the potential to automate lots of business-relevant tasks, but that many of the AI-powered automation tools on the market today are unreliable and costly. Part of the problem is that users expect too much of AI, Brodeur-Urbas told TechCrunch — for instance, they assume that it can handle highly specialized, niche workloads where precision matters. “If users ever want to use AI for enterprise purposes, the technology really has to have no margin for error,” Brodeur-Urbas said. “Leaving specific workflows completely up to AI is not realistic. Users would be paying for [an AI] to spin its wheels performing the same Google search over and over again.” Still, Brodeur-Urbas, an ex-Microsoft software engineer, and Behal, previously a software developer at Amazon Web Services, thought today’s AI had promising narrower applications.

So they started thinking about ways they could squeeze what Brodeur-Urbas called “real value” out of AI tech. These ideas became a wrapper for the open source app Auto-GPT, then a proof-of-concept, and eventually a startup: Gumloop. Gumloop automates repetitive workflows with AI, aiming to streamline basic tasks. “We started the company in a bedroom in Vancouver as a side project,” Brodeur-Urbas said. “We were trying to solve a very simple problem for a group of nontechnical people in a Discord server, and it spiraled into something larger than we could have ever imagined.” Vancouver-founded Gumloop has raised a $17-million USD ($24.5 million CAD) Series A round as it looks to hire talent for its new San Francisco home.

The company, which develops an artificial intelligence (AI)-powered workflow automation platform, raised the all-equity round from round leader Nexus Venture Partners with participation from return investors First Round Capital and Y Combinator. Gumloop co-founder and CEO Max Brodeur-Urbas told BetaKit in an interview that Nexus Venture Partners is gaining a board seat as a result of the round. “It’s just too easy for someone who’s exceptional to get paid three times the amount in California and move down.” Brodeur-Urbas said Gumloop was looking for investors who were previous founders that could provide advice on scaling, which the company got in the form of a number of angel investors. These include Instacart co-founder Max Mullen, Databricks co-founder Reynold Xin, Webflow co-founder Bryant Chou, and My First Million podcast founder Shaan Puri. While he said Gumloop didn’t necessarily need the money, Brodeur-Urbas explained the company wants to move quickly and focus on its product without any external concerns, which it can definitely do now with this...

We use cookies to improve your experience. By continuing to use our site, you agree to our Privacy Policy. You can, either Accept Or, Reject Gumloop, a no-code platform enabling anyone to automate workflows with AI, has announced a $17 million Series A funding round. Led by Nexus Venture Partners, the round also saw participation from First Round Capital, Y Combinator, and notable angel investors like Max Mullen (Instacart), Shaan Puri, Bryant Chou (Webflow), and Reynold Xin (Databricks). This funding brings Gumloop’s total capital raised to $20 million.

Gumloop was founded in April 2023 by McGill University classmates Max Brodeur-Urbas and Rahul Behal. Initially named AgentHub, the company changed its name to Gumloop in May 2023 to make it sound more accessible to non-developers. The startup began as a side project aimed at solving simple problems for a Discord community. Today, it has grown into a platform used by thousands of users, ranging from indie hackers to enterprise teams at companies like Instacart, Webflow, Rippling, and Fortune 100s. READ: Y Combinator startup launch: Unlock AI-driven user assistance with Layup (December 10, 2024) Brodeur-Urbas and Behal, former engineers from Microsoft and AWS respectively, recognized that while AI struggled with highly specialized tasks, it excelled in automating simpler, repetitive workflows.

Gumloop capitalizes on this, offering a user-friendly workflow builder that integrates with popular apps like GitHub, Gmail, and Outlook. The startup focuses on automating workflows using artificial intelligence (AI) through a no-code platform, allowing users to integrate various applications and streamline tasks easily. Gumloop empowers non-technical users to create AI-powered automations without relying on engineers. Examples of these automations include competitor ad analysis, email invoice processing, LinkedIn outreach, video-to-blog generation, and customer research. The platform’s mission is to make AI automation accessible, secure, powerful, and shareable. Access verified contacts, investors & buying signals.

Includes contacts, investors & buying signals Our AI suggests Gumloop may be interested in solutions related to: See who invested in Gumloop and potentially find related investment contacts. Get direct email addresses and phone numbers for key decision makers at Gumloop. Two ex-Big Tech developers, Max Brodeur-Urbas and Rahul Behal, founded Gumloop, a startup aimed at using AI to automate repetitive business workflows reliably and affordably. Frustrated by the limitations and costs of existing AI automation tools, they focused on narrower, high-value applications where precision is critical.

Gumloop started as a side project to help nontechnical Discord users but quickly grew into a platform now used by teams at Instacart and Rippling. With a drag-and-drop workflow builder integrating tools like GitHub, Gmail, and Outlook, Gumloop empowers users to create automations without technical expertise. After raising $17 million in a Series A round, the company plans to maintain a lean 10-person team while scaling its product, with aspirations of becoming a billion-dollar enterprise. If you have tweets you want to submit to be featured here (from you or someone you like), reply to this email with a link! Dopamine from information gathering is a dangerous drug. Your entire life will change the moment you stop looking for more information and start acting on the information you already have.

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