Pakistani American cofounder's AI agent Tab leaves stealth at $300 million valuation
The San Francisco startup runs an assistant inside iMessage and WhatsApp. It has not said how much it raised.
Tab, a San Francisco startup building an AI assistant that works through text messages, came out of stealth on 6 October with a valuation of $300 million. One of its three cofounders, Ammar Amdani, is of Pakistani origin, according to TechJuice.
The company has not disclosed how much money it raised. TechJuice described the round as pre seed, while other outlets called it seed, so the label is not settled. Investors named in the coverage are SV Angel, Valar Ventures and American Spirit.
Tab lives inside iMessage and WhatsApp. It has its own phone number, computer, browser and wallet, and users ask it to do things such as book flights, move hotel reservations, order parts or turn a PDF into a spreadsheet. It can also phone a business, wait on hold and report back in the same thread, Tech Funding News reported.
The company says nothing is paid until the user approves. Before spending, Tab shows the purchase, the total and who gets paid. It is in private beta behind a waitlist and has not shared user numbers or revenue.
Amdani previously cofounded the venture firm Adapt Ventures with his brother Mohammed. TechJuice said both brothers were named to the Forbes 30 Under 30 list in 2022. The other cofounders are Brennan Erb, an early machine learning engineer at Snap who founded Hashletes, and Stafford Schlitt, who brings startup operating and growth experience.
For Pakistan's tech scene, the story is about people more than product. A valuation this large at launch, with no disclosed revenue, puts Tab in a crowded race of AI assistants that includes Poke and Meta's Muse. But Amdani is one more diaspora founder building in Silicon Valley, a group Pakistani outlets now follow closely.
Reported from TechJuice and Tech Funding News.
