ByAnna Tong,
Forbes Staff.
Artificial intelligence startup Genspark has closed a $275 million Series B round, propelling its valuation to $1.25 billion and officially putting the company in unicorn territory. The round drew backing from Emergence Capital Partners, SBI Investment, LG Technology Ventures, UpHonest Capital and Pavilion Capital, a subsidiary of Singapore’s state-owned investor Temasek.
Genspark builds a suite of AI workplace agents designed to automate everyday workplace tasks. With this new raise, the company is positioning itself as a serious challenger to incumbents such as Microsoft 365 Copilot and Google Gemini, betting that an array of nimbler, specialized AI agents can rival or surpass the big-platform approach. Genspark’s fleet of AI agents promise to perform a dizzying array of workplace functions, from creating slide decks to researching meeting attendees to recording meeting notes from an Apple watch.
Forbes first reported that Genspark was raising over $200 million.
