Context Raises $11M in Seed at a $70M Valuation

Here’s a structured overview based on the provided information:

Startup Details

• Startup Name: Context
• Founded: 2024
• Location: Palo Alto, CA
• CEO/Founder: Joseph Semrai

Fundraising Information

• Funding Round: Seed Funding
• Amount Raised: $11 million
• Valuation: $70 million
• Date of Fundraise: 28/05/2025

Investors

• Lead Investor: Lux Capital
• Participating Investors:
  • Qualcomm Ventures
  • General Catalyst
  • Others (unspecified)

Key Products

1. AI Documents: Creates polished reports and proposals.
2. AI Slides: Creates professional presentations.
3. AI Spreadsheets: Analyzes and visualizes complex data.
4. Data Analyst: Generates, reviews, and debugs code.
5. Deep Research: Provides answers to complex queries.
6. Enterprise Search: Surfaces insights across internal tools.

Additional Information

• Interest: Over 60,000 professionals are awaiting the public launch next month.

Feel free to ask for more details or further insights!

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2025-05-28 16:26:43